Western Satellite is a producing conventional oil field located onshore India and is operated by Oil India. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
Field participation details
The field is owned by Oil India.
Production from Western Satellite
The Western Satellite conventional oil field recovered 70.40% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 1.09 thousand bpd of crude oil and condensate and 5.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 4.53 Mmboe, comprised of 2.31 Mmbbl of crude oil & condensate and 13.34 bcf of natural gas reserves.
About Oil India
Oil India Ltd (OIL) is an energy company. It carries out the exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquefied petroleum gas (LPG). The company’s business operations are mainly confined in the North East and Rajasthan in India. It also has participating interest in exploration blocks in Krishna Godavari Deepwater in India and in various projects in Libya, Gabon, Nigeria, the US, Venezuela, Mozambique, Bangladesh, Russia, and Israel. The company also provides upstream related services and operates crude and product pipelines. OIL owns a stake in Numaligarh Refinery Ltd, Oil India Sweden AB, Oil India Cyprus Ltd, Oil India(USA)Inc, Oil India International B.V and Oil India International Pte. Ltd. The company also operates renewable energy projects in Rajasthan, Assam, Gujarat, and Madhya Pradesh. OIL is headquartered in Noida, Uttar Pradesh, India.
For more details on the Western Satellite Conventional Oil Field, buy the profile here.