Ogbele is a producing conventional oil field located onshore Nigeria and is operated by Niger Delta Petroleum Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ogbelle (OML 54). Buy the profile here.
Field participation details
The field is owned by Niger Delta Exploration & Production.
Production from Ogbele
The Ogbele conventional oil field recovered 29.20% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 10.55 thousand bpd of crude oil and condensate and 29.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2083. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 75.05 Mmboe, comprised of 51.53 Mmbbl of crude oil & condensate and 141.12 bcf of natural gas reserves. Ogbele conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
For more details on the Ogbele 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.
