Nebit Dag Contract Area is a producing conventional oil field located onshore Turkmenistan and is operated by Burren Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Nebit Dag. Buy the profile here.
Field participation details
The field is owned by Eni and Turkmenneft.
Production from Nebit Dag Contract Area
The Nebit Dag Contract Area conventional oil field recovered 85.40% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 22.72 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2044. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 24.64 Mmboe, comprised of 17.37 Mmbbl of crude oil & condensate and 43.64 bcf of natural gas reserves. Nebit Dag Contract Area conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Burren Energy
Burren Energy is an independent energy company involved in exploration and production of oil and gas.. It currently produces over 33,000 barrels of oil per day (bopd). The company's operations are spread across Middle East and North African countries such as Yemen, Oman, Turkmenistan, Congo and Egypt. It also has stake in Hindustan Oil Exploration Company, an India based E&P company and also has a oil shipping business in and around the Caspian Sea. The company is headquartered in London in the UK. Eni UK Holding plc, a wholly owned subsidiary of Eni SpA, acquired Burren Energy PLC for $3.6 billion.
For more details on the Nebit Dag Contract Area Conventional Oil Field, buy the profile here.