Otakikpo is a producing conventional oil field located onshore Nigeria and is operated by Green Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Otakikpo (OML 11). Buy the profile here.
Field participation details
The field is owned by Fenikso and Green Energy.
Production from Otakikpo
The Otakikpo conventional oil field recovered 13.61% of its total recoverable reserves, with peak production expected in 2029. The peak production will approximately 19.60 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054.
Remaining recoverable reserves
The field is expected to recover 72.67 Mmboe, comprised of 72.67 Mmbbl of crude oil & condensate. Otakikpo conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
For more details on the Otakikpo 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.
