Niungo is a producing conventional oil field located onshore Gabon and is operated by Perenco Oil and Gas Gabon. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Niungo. Buy the profile here.

Field participation details

The field is owned by Gabonese Republic, Perenco Holdings and Tullow Oil.

Production from Niungo

The Niungo conventional oil field recovered 92.89% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 13.45 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 1% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 3.66 Mmboe, comprised of 3.66 Mmbbl of crude oil & condensate.

For more details on the Niungo Conventional Oil Field, buy the profile here.

GlobalData

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.