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  1. Market Data
April 27, 2022

Uquo Conventional Gas Field, Nigeria

By Carmen

Uquo is a producing conventional gas field located onshore Nigeria and is operated by Frontier Oil. The field is located in block Uquo (OML 13).

An expansion project is associated with the Uquo, namely Uquo Development. This project is currently in the feasibility stage.

Field participation details

The field is owned by Savannah Energy and Frontier Oil.


Production from Uquo

The Uquo conventional gas field recovered 24.73% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 0.11 thousand bpd of crude oil and condensate and 135 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 106.6 Mmboe, comprised of 0.43 Mmbbl of crude oil & condensate and 637.05 bcf of natural gas reserves. Uquo conventional gas field reserves accounts 0.04% of total remaining reserves of producing conventional gas 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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