OCTP is a producing conventional gas field located in deepwater in Ghana and is operated by Eni Ghana 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 Offshore Cape Three Points, with water depth of 3,247 feet. Buy the profile here.
Field participation details
The field is owned by Eni, Ghana National Petroleum and Vitol Holding II.
Production from OCTP
The OCTP conventional gas field recovered 35.80% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 51.20 thousand bpd of crude oil and condensate and 155.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 34% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 211.42 Mmboe, comprised of 70.84 Mmbbl of crude oil & condensate and 843.49 bcf of natural gas reserves. OCTP conventional gas field reserves accounts 0.07% of total remaining reserves of producing conventional gas fields globally.
For more details on the OCTP Conventional Gas 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.
