Owowo West is a conventional oil development located in deepwater in Nigeria and is operated by Esso Exploration and Production Nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Owowo West was discovered in 2009, lies in block OPL 223 and OML 139 (OPL 222P), with water depth of around 2,211 feet. Buy the profile here.
The project is currently in feed stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2023.
Field participation details
The field is owned by Chevron, China National Offshore Oil, Exxon Mobil, NNPC and TotalEnergies.
Production from Owowo West
Production from the Owowo West conventional oil development project is expected to begin in 2025 and is forecast to peak in 2027, to approximately 179,707 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2060.
Remaining recoverable reserves
The field is expected to recover 739.12 Mmboe, comprised of 739.12 Mmbbl of crude oil & condensate.
Contractors involved in the Owowo West conventional oil field
Some of the key contractors involved in the Owowo West project as follows.
Design/FEED Engineering: Mecthroleum Nigeria
Other Contractors: Ashtead Technology and STAT Marine Nigeria
For more details on the Owowo West 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.
