Egina (PSC) is a producing conventional oil field located in ultra-deepwater in Nigeria and is operated by CNOOC. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 130 (OPL 246), with water depth of 5,115 feet. Buy the profile here.
Field participation details
The field is owned by China National Offshore Oil and South Atlantic Petroleum.
Production from Egina (PSC)
The Egina (PSC) conventional oil field recovered 30.27% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 79.79 thousand bpd of crude oil and condensate and 54.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 278.40 Mmboe, comprised of 237.51 Mmbbl of crude oil & condensate and 245.32 bcf of natural gas reserves. Egina (PSC) conventional oil field reserves accounts 0.06% of total remaining reserves of producing conventional oil fields globally.
CNOOC Ltd (CNOOC), a subsidiary of China National Offshore Oil Corp, is an upstream oil and gas company. It carries out the exploration, development, production, and sale of crude oil and natural gas. The company operates major oil fields in Bohai, Western South China Sea, Eastern South China Sea and the East China Sea. It operates either independently or in cooperation with foreign partners through production sharing contracts. In overseas, the company holds interests in oil and natural gas blocks in Asia-Pacific, Europe, Middle East and Africa and the Americas. CNOOC is headquartered in Beijing City, Beijing, China.
For more details on the Egina (PSC) Conventional Oil Field, buy the profile here.