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December 7, 2021

OML 11 Conventional Oil Field, Nigeria

By Carmen

OML 11 is a producing conventional oil field located onshore Nigeria and is operated by Nigerian Petroleum Development. The field is located in block OML 11.

Field participation details

The field is owned by Nigerian National Petroleum.


Production from OML 11

The OML 11 conventional oil field recovered 97.72% of its total recoverable reserves, with peak production in 1976. The peak production was approximately 199.14 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 50.2 Mmboe, comprised of 14.06 Mmbbl of crude oil & condensate and 216.89 bcf of natural gas reserves. OML 11 conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


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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