Turnix 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 Turnix, with water depth of 98 feet.
Field participation details
The field is owned by Perenco Holdings, Gabonese Republic and Tullow Oil.
Production from Turnix
The Turnix conventional oil field recovered 76.16% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 5.76 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 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 8.3 Mmboe, comprised of 8.3 Mmbbl of crude oil & condensate.
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.