OML 58 is a producing conventional oil field located onshore Nigeria and is operated by Total E&P Nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 58. Buy the profile here.
Field participation details
The field is owned by NNPC and TotalEnergies.
Production from OML 58
The OML 58 conventional oil field recovered 83.80% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 2% of the country’s daily output.
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.
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