OML 17 is a producing conventional oil field located onshore Nigeria and is operated by TNOG Oil and Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 17. Buy the profile here.
Field participation details
The field is owned by NNPC and TNOG Oil and Gas.
Production from OML 17
The OML 17 conventional oil field recovered 63.00% of its total recoverable reserves, with peak production expected in 2028. The peak production will approximately 101.50 thousand bpd of crude oil and condensate and 315.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 915.43 Mmboe, comprised of 610.05 Mmbbl of crude oil & condensate and 1,832.27 bcf of natural gas reserves. OML 17 conventional oil field reserves accounts 0.20% of total remaining reserves of producing conventional oil fields globally.
About TNOG Oil and Gas
TNOG Oil and Gas Ltd (TNOG) focuses on oil and gas exploration & production. TNOG is headquartered in Nigeria.
For more details on the OML 17 Conventional Oil Field, buy the profile here.