Oso 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 70, with water depth of 49 feet. Buy the profile here.
Field participation details
The field is owned by Exxon Mobil and NNPC.
Production from Oso
The Oso conventional oil field recovered 92.92% of its total recoverable reserves,The peak production will approximately 89.55 thousand bpd of crude oil and condensate, 107.00 Mmcfd of natural gas and 106.52 thousand bpd of natural gas liquids. 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 59.55 Mmboe, comprised of 10.03 Mmbbl of crude oil & condensate, 226.63 bcf of natural gas reserves, 10.84 bcf of liquid natural gas reserves and 9.94 Mmbbl of natural gas liquid reserves. Oso conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Oso 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.
