OML 55 is a producing conventional oil field located onshore Nigeria and is operated by Belemaoil Producing. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 55. Buy the profile here.

Field participation details

The field is owned by Belemaoil Producing and NNPC.

Production from OML 55

The OML 55 conventional oil field recovered 99.00% of its total recoverable reserves, with peak production in 1995. The peak production was approximately 82.92 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.

Remaining recoverable reserves

The field is expected to recover 4.52 Mmboe, comprised of 4.52 Mmbbl of crude oil & condensate.

For more details on the OML 55 Conventional Oil Field, buy the profile here.


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.