Anyala-Madu is a producing conventional oil field located in shallow water in Nigeria and is operated by FIRST Exploration & Petroleum Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 85 and OML 83, with water depth of 180 feet. Buy the profile here.
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Field participation details
The field is owned by FIRST Exploration & Petroleum Development and NNPC.
Production from Anyala-Madu
The Anyala-Madu conventional oil field recovered 11.89% of its total recoverable reserves, with peak production expected in 2025. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068. The field currently accounts for approximately 2% of the country’s daily output.
About FIRST Exploration & Petroleum Development
FIRST Exploration & Petroleum Development Co Ltd (FIRST E&P) operates as an oil and gas company that develops and operates upstream oil and gas assets. The company’s various activities include value creation phase of commercial deal delivery, maturation of exploration and appraisal opportunities, field development, project execution and production, value monetisation phase of integrated operations and maintenance, hydrocarbon fiscalisation, and others. It works for the shallow offshore region of the Niger Delta Basin. The company delivers gas through Nigerian Gas Company to various power distribution companies and independent power plants. FIRST E&P is headquartered in Lagos city, Lagos, Nigeria.
For more details on the Anyala-Madu Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
