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November 24, 2021updated 27 Apr 2022 12:25pm

Okono-Okpoho Conventional Oil Field, Nigeria

By Carmen

Okono-Okpoho is a producing conventional oil field located in shallow water in Nigeria and is operated by Nigerian Petroleum Development. The field is located in block OML 119 (OPL 91), with water depth of 328 feet.

Field participation details

The field is owned by Nigerian National Petroleum.


Production from Okono-Okpoho

The Okono-Okpoho conventional oil field recovered 95.58% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 58.33 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 10.33 Mmboe, comprised of 10.33 Mmbbl of crude oil & condensate.


About Nigerian Petroleum Development

Nigerian Petroleum Development Co Ltd, is an oil and gas company that involved in exploration and development of oil and gas properties. The company is headquartered in Benin City, Edo, Nigeria.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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