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.