Espoir is a producing conventional oil field located in deepwater in Cote d’Ivoire and is operated by . According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block CI 26, with water depth of 2,297 feet. Buy the profile here.
An expansion project is associated with the Espoir, namely the Espoir Development . This project is currently in the feasibility stage.
Field participation details
The field is owned by Canadian Natural Resources, Societe Nationale d’Operations Petrolieres de la Cote d’Ivoire and Tullow Oil.
Production from Espoir
The Espoir conventional oil field recovered 97.40% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 27.82 thousand bpd of crude oil and condensate and 13.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 13% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 3.44 Mmboe, comprised of 2.04 Mmbbl of crude oil & condensate and 8.40 bcf of natural gas reserves.
Contractors involved in the Espoir conventional oil field
The key contractors involved in the Espoir project as follows.
Other Contractors: BW Offshore
For more details on the Espoir 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.
