HI is a conventional gas development located in shallow water in Nigeria and is operated by Shell Nigeria Exploration & Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block OML 144 (OPL 238), with water depth of around 377 feet. Buy the profile here.
The project is currently in feed stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2024. The development cost is expected to be $1,948 m.
Field participation details
The field is owned by Shell and Sunlink Petroleum.
Production from HI
Production from the HI conventional gas development project is expected to begin in 2025 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2041.
About Shell Nigeria Exploration & Production
Shell Nigeria Exploration & Production Company (SNEPCo), a subsidiary of Shell plc, is an oil and gas company that offers production of crude oil and natural gas. The company operates pioneered Nigeria's deep-water oil and gas production facilities at the Bonga field. It offers exploration and production of oil and gas through onshore and offshore projects. The company also operates Nigeria’s oil and gas joint venture on behalf of government-owned corporations. It has offices in Port Harcourt, Warri, Lagos and Abuja. SNEPCo is headquartered in Lagos, Nigeria.
For more details on the HI Conventional Gas Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.