Ubima is a producing conventional oil field located onshore Nigeria and is operated by Allgrace Energy. The field is located in block Ubima (OML 17).

Field participation details

The field is owned by Seplat Energy and Allgrace Energy.


Production from Ubima

The Ubima conventional oil field recovered 5.78% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 2.67 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2080.


Remaining recoverable reserves

The field is expected to recover 16.82 Mmboe, comprised of 16.82 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.