Makoko South Marine is a producing heavy oil field located in shallow water in Cameroon and is operated by Addax Petroleum Cameroon. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Mokoko Abana. Buy the profile here.
Field participation details
The field is owned by China Petrochemical, Creative Energy, National Hydrocarbons and Perenco Holdings.
Production from Makoko South Marine
The Makoko South Marine heavy oil field recovered 97.88% of its total recoverable reserves, with peak production in 1989. The peak production was approximately 19.52 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2.26 Mmboe, comprised of 2.26 Mmbbl of crude oil & condensate. Makoko South Marine heavy oil field reserves accounts 0.01% of total remaining reserves of producing heavy oil fields globally.
About Addax Petroleum Cameroon
Addax Petroleum Cameroon Co SA (Addax), a subsidiary of Addax Petroleum Overseas Ltd, is engaged in exploration and development of petroleum. The company is headquartered in Douala, Littoral, Cameroon.
For more details on the Makoko South Marine Heavy 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.
