Kalaekule Redevelopment is a conventional oil development located in shallow water in Nigeria and is operated by West African Exploration and Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block OML 72, with water depth of around 243 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2024. The Kalaekule Redevelopment conventional oil development will includes fixed platform and FPSOs.
Field participation details
The field is owned by Dangote Industries, FIRST Exploration & Petroleum Development and NNPC.
Production from Kalaekule Redevelopment
Production from the Kalaekule Redevelopment conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 19,966 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2057.
Remaining recoverable reserves
The field is expected to recover 75.58 Mmboe, comprised of 75.58 Mmbbl of crude oil & condensate.
Contractors involved in the Kalaekule Redevelopment conventional oil field
Some of the key contractors involved in the Kalaekule Redevelopment project as follows.
Other Contractors: Engro, PE Energy and IMPAC Engineering
For more details on the Kalaekule Redevelopment 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.
