View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
May 12, 2022

Umusadege Conventional Oil Field, Nigeria

By Carmen

Umusadege is a producing conventional oil field located onshore Nigeria and is operated by Midwestern Energy. The field is located in block Umusadege (OML 56).

Field participation details

The field is owned by SunTrust Oil Company Nigeria and Midwestern Energy.


Production from Umusadege

The Umusadege conventional oil field recovered 88.77% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 16.99 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.


Remaining recoverable reserves

The field is expected to recover 5.52 Mmboe, comprised of 5.52 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU