Patos-Marinza is a producing conventional oil field located onshore Albania and is operated by Bankers Petroleum Albania. The field is located in block Block 2.
Field participation details
The field is owned by Geo Jade Petroleum.
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Production from Patos-Marinza
The Patos-Marinza conventional oil field recovered 88.15% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 24.32 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 88% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 29.04 Mmboe, comprised of 29.04 Mmbbl of crude oil & condensate. Patos-Marinza 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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