JK is a conventional oil development located in shallow water in Nigeria and is operated by Shell Petroleum Development Company of Nigeria. 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.
The project is currently in feasibility stage and is expected to start commercial production in 2026. 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, to approximately 46,410 bpd of crude oil and condensate and 47 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2073.
Remaining recoverable reserves
The field is expected to recover 223.08 Mmboe, comprised of 196.98 Mmbbl of crude oil & condensate and 156.57 bcf of natural gas reserves.
Contractors involved in the JK conventional oil field
The key contractors involved in the JK project as follows.
Other Contractors: Epanoe Nigeria
About Shell Petroleum Development Company of Nigeria
Shell Petroleum Development Co of Nigeria Ltd (Shell Petroleum Development) specializes in oil and gas production. The company is headquartered in Nigeria.
For more details on the JK 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.
