OML 99 is a producing conventional oil field located in shallow water in Nigeria and is operated by Total E&P Nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 99 (OPL 93P), with water depth of 132 feet. Buy the profile here.
Field participation details
The field is owned by NNPC and TotalEnergies.
Production from OML 99
The OML 99 conventional oil field recovered 84.85% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 111.54 thousand bpd of crude oil and condensate, 3.00 Mmcfd of natural gas and 328 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 121.27 Mmboe, comprised of 13.91 Mmbbl of crude oil & condensate, 282.04 bcf of natural gas reserves and 362.15 bcf of liquid natural gas reserves. OML 99 conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.
About Total E&P Nigeria
Total E&P Nigeria Limited (TEPNG), formerly Elf Petroleum Nigeria Limited is engaged in exploration and production of oil and gas.
For more details on the OML 99 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.
