OML 60, 61, 62, 63 is a producing conventional oil field located onshore Nigeria and is operated by Oando Energy Resource. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 60, OML 61, OML 63, and OML 62. Buy the profile here.
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Field participation details
The field is owned by NNPC and Oando.
Production from OML 60, 61, 62, 63
The OML 60, 61, 62, 63 conventional oil field recovered 76.71% of its total recoverable reserves, with peak production in 2006. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 5% of the country’s daily output.
About Oando Energy Resource
Oando Energy Resource Inc (Oando), a subsidiary of Oando Plc, is an exploration and production company that carries out upstream exploration and development programs. The company provides investments in a portfolio of oil and gas fields, and provides participation of interests in onshore and offshore producing assets. It holds interests in several licenses for the exploration, development and production of onshore, swamp, and offshore oil and gas assets in Nigeria. Oando offers the development of organic means through the optimization of its existing portfolio, the development of proven but undeveloped assets, and inorganic means. It operates in Nigeria, Canada and the UK. Oando is headquartered in Lagos, Nigeria.
For more details on the OML 60, 61, 62, 63 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.
