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December 8, 2021updated 27 Apr 2022 12:44pm

OML 60, 61, 62, 63 Conventional Oil Field, Nigeria

By Carmen

OML 60, 61, 62, 63 is a producing conventional oil field located onshore Nigeria and is operated by Nigerian Agip Oil. The field is located in block OML 60, OML 61, OML 63, and OML 62.

An expansion project is associated with the OML 60, 61, 62, 63, namely Samabri-Biseni. This project is currently in the feed stage.

Field participation details

The field is owned by Nigerian National Petroleum, Oando and Eni.


Production from OML 60, 61, 62, 63

The OML 60, 61, 62, 63 conventional oil field recovered 70.67% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 40.86 thousand bpd of crude oil and condensate, 361 Mmcfd of natural gas and 1,144 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 8% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 1,331.94 Mmboe, comprised of 185.69 Mmbbl of crude oil & condensate, 1,090.08 bcf of natural gas reserves and 5,787.37 bcf of liquid natural gas reserves. OML 60, 61, 62, 63 conventional oil field reserves accounts 0.29% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the OML 60, 61, 62, 63 conventional oil field

Some of the key contractors involved in the OML 60, 61, 62, 63 project as follows.

Design/FEED Engineering: Crestech Engineering

Other Contractors: BGI Resources and TechnipFMC

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.

Related Companies

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