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

Field participation details

The field is owned by Perenco Holdings.

Production from Olende Fuel

The Olende Fuel conventional oil field recovered 76.76% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 6.92 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 1% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 3.48 Mmboe, comprised of 3.48 Mmbbl of crude oil & condensate.

About Perenco Holdings

Perenco Holdings (Perenco), a subsidiary of Perenco SA, is an independent oil and gas company. It develops, produces, explores, transports, and stores crude oil and natural gas. It produces boepd through its development, drilling and operations. The company has operations across Asia, Europe, Central Africa, the Mediterranean and Latin America. It operates onshore and offshore fields in the UK, Mexico, Gabon, Trinidad and Tobago, Cameroon, the Democratic Republic of the Congo, Colombia, Guatemala, Congo, Tunisia, Turkey, Peru, France, and Vietnam. The company has a balanced portfolio with a production base, development projects and other exploration prospects. It operates as a subsidiary of Perenco International Ltd. Perenco is headquartered in London, England, the UK.

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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.