Obele is a producing conventional oil field located onshore Nigeria and is operated by The Shell Petroleum Development Co of Nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 22. Buy the profile here.
Field participation details
The field is owned by Eni, NNPC, Shell and TotalEnergies.
Production from Obele
The Obele conventional oil field recovered 67.04% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 0.59 thousand bpd of crude oil and condensate and 21.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2059.
Remaining recoverable reserves
The field is expected to recover 16.84 Mmboe, comprised of 1.86 Mmbbl of crude oil & condensate and 89.86 bcf of natural gas reserves.
About The Shell Petroleum Development Co of Nigeria
The Shell Petroleum Development Co of Nigeria Ltd is an subsidiary of Shell plc. The company mainly produces crude oil. The company is headquartered in Port Harcourt, Nigeria.
For more details on the Obele 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.
