Edi is a conventional oil development located in shallow water in Nigeria and is operated by Mobil Producing Nigeria UnLtd. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Edi was discovered in 1965, lies in block OML 67, with water depth of around 243 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2024.
Field participation details
The field is owned by Exxon Mobil and NNPC.
Production from Edi
Production from the Edi conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, to approximately 20,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.
Remaining recoverable reserves
The field is expected to recover 73.11 Mmboe, comprised of 73.11 Mmbbl of crude oil & condensate.
For more details on the Edi Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
