Okwuibome is a producing conventional oil field located onshore Nigeria and is operated by Sterling Exploration and Energy Production. The field is located in block OML 143 (OPL 280).
Field participation details
The field is owned by Sterling Exploration and Energy Production and Allene Energy.
Production from Okwuibome
The Okwuibome conventional oil field recovered 97.33% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 36.39 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 2.11 Mmboe, comprised of 2.11 Mmbbl of crude oil & condensate.
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.