Umusadege is a producing conventional oil field located onshore Nigeria and is operated by Midwestern Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Umusadege (OML 56). Buy the profile here.
Field participation details
The field is owned by Midwestern Energy and SunTrust Oil Company Nigeria.
Production from Umusadege
The Umusadege conventional oil field recovered 39.16% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 19.83 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2086. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 90.39 Mmboe, comprised of 90.39 Mmbbl of crude oil & condensate. Umusadege conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
For more details on the Umusadege 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.
