JK is a conventional oil development located in shallow water in Nigeria and is operated by SPDC JV. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block OML 74, with water depth of around 256 feet. Buy the profile here.
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The project is currently in feasibility stage and is expected to start commercial production in 2026. The development cost is expected to be $1,646 m. The JK conventional oil development will involve the drilling of approximately 12 wells and includes subsea tree and wellhead platforms.
Field participation details
The field is owned by Eni, NNPC, Shell and TotalEnergies.
Production from JK
Production from the JK conventional oil development project is expected to begin in 2026 and is forecast to peak in 2028, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2073.
Contractors involved in the JK conventional oil field
The key contractors involved in the JK project as follows.
Other Contractors: Epanoe Nigeria
For more details on the JK Conventional Oil Field, buy the profile here.
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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.
