Masila is a producing conventional oil field located onshore Yemen and is operated by Masila Petroleum Exploration and Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Masila (Block 14). Buy the profile here.
Field participation details
The field is owned by Masila Petroleum Exploration and Production.
Production from Masila
The Masila conventional oil field recovered 92.96% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 230.79 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035. The field currently accounts for approximately 46% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 90.57 Mmboe, comprised of 90.57 Mmbbl of crude oil & condensate. Masila conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Masila Petroleum Exploration and Production
Masila Petroleum Exploration and Production Company (PetroMasila) is a Yemeni company which work in the exploration and production of oil and gas and related energy projects. The company is located in Yemen.
For more details on the Masila Conventional Oil Field, buy the profile here.