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  1. Market Data
May 4, 2022

Simba Conventional Oil Field, Gabon

By Carmen

Simba is a producing conventional oil field located in shallow water in Gabon and is operated by Perenco Oil and Gas Gabon. The field is located in block Simba, with water depth of 262 feet.

Field participation details

The field is owned by Perenco Holdings and Tullow Oil.


Production from Simba

The Simba conventional oil field recovered 15.90% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 12.05 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2044. The field currently accounts for approximately 5% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 33.98 Mmboe, comprised of 33.98 Mmbbl of crude oil & condensate. Simba 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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