OML 102 is a producing conventional oil field located in shallow water in Nigeria and is operated by Total E&P Nigeria. The field is located in block OML 102 (OPL 97), with water depth of 426 feet.
Field participation details
The field is owned by Nigerian National Petroleum and TotalEnergies.
Production from OML 102
The OML 102 conventional oil field recovered 88.33% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 76.41 thousand bpd of crude oil and condensate, 50 Mmcfd of natural gas and 56 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 48.89 Mmboe, comprised of 19.52 Mmbbl of crude oil & condensate, 81.52 bcf of natural gas reserves and 94.69 bcf of liquid natural gas reserves. OML 102 conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Total E&P Nigeria
Total E&P Nigeria Limited (TEPNG), formerly Elf Petroleum Nigeria Limited is engaged in exploration and production of oil and gas.
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.