View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 24, 2021updated 27 Apr 2022 12:25pm

Usan Conventional Oil Field, Nigeria

By Carmen

Usan is a producing conventional oil field located in deepwater in Nigeria and is operated by Esso Exploration and Production Nigeria. The field is located in block OML 138 (OPL 222P), with water depth of 2,805 feet.

An expansion project is associated with the Usan, namely Usan Future Phases. This project is currently in the feed stage.

Field participation details

The field is owned by TotalEnergies, China National Offshore Oil, Exxon Mobil and Chevron.


Production from Usan

The Usan conventional oil field recovered 62.29% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 122.01 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 184.9 Mmboe, comprised of 184.9 Mmbbl of crude oil & condensate. Usan conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Usan conventional oil field

The key contractors involved in the Usan project as follows.

Design/FEED Engineering: Mecthroleum Nigeria

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

Thank you for subscribing to Offshore Technology