Okono-Okpoho is a producing conventional oil field located in shallow water in Nigeria and is operated by Nigerian Petroleum Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 119 (OPL 91), with water depth of 328 feet. Buy the profile here.
Field participation details
The field is owned by NNPC.
Production from Okono-Okpoho
The Okono-Okpoho conventional oil field recovered 95.19% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 58.33 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027.
Remaining recoverable reserves
The field is expected to recover 11.47 Mmboe, comprised of 11.47 Mmbbl of crude oil & condensate.
About Nigerian Petroleum Development
Nigerian Petroleum Development Co Ltd, is an oil and gas company that involved in exploration and development of oil and gas properties. The company is headquartered in Benin City, Edo, Nigeria.
For more details on the Okono-Okpoho 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.
