Owali is a producing conventional oil field located in shallow water in Gabon and is operated by Stream Oil & Gas. The field is located in block Owali.
Field participation details
The field is owned by GBC Oil and T5 Oil & Gas.
Production from Owali
The Owali conventional oil field recovered 27.31% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 0.48 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067.
Remaining recoverable reserves
The field is expected to recover 1.97 Mmboe, comprised of 1.97 Mmbbl of crude oil & condensate.
About Stream Oil & Gas
Stream Oil & Gas Ltd is engaged in the development and production of oil and gas properties in Albania.
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.