OML 104, 67, 68, 70 is a producing conventional oil field located in shallow water in Nigeria and is operated by Mobil Producing Nigeria UnLtd. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 67, OML 70, OML 68, and OML 104 (OPL 94), with water depth of 656 feet. Buy the profile here.
Field participation details
The field is owned by Exxon Mobil and NNPC.
Production from OML 104, 67, 68, 70
The OML 104, 67, 68, 70 conventional oil field recovered 97.19% of its total recoverable reserves, with peak production in 1998. The peak production was approximately 768.11 thousand bpd of crude oil and condensate, 208.00 Mmcfd of natural gas and 0.24 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 6% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 201.57 Mmboe, comprised of 157.34 Mmbbl of crude oil & condensate, 222.44 bcf of liquid natural gas reserves and 7.16 Mmbbl of natural gas liquid reserves. OML 104, 67, 68, 70 conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
For more details on the OML 104, 67, 68, 70 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.
