Umusati is a producing conventional oil field located onshore Nigeria and is operated by Pillar Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Umusati/Igbuku (OML 56) and OPL 283 (OML 56). Buy the profile here.
Field participation details
The field is owned by Pillar Oil and Seplat Energy.
Production from Umusati
The Umusati conventional oil field recovered 39.56% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 2.89 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071.
Remaining recoverable reserves
The field is expected to recover 14.14 Mmboe, comprised of 14.14 Mmbbl of crude oil & condensate.
For more details on the Umusati 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.
