OML 49, 90, 95 is a producing conventional oil field located in shallow water in Nigeria and is operated by Chevron Nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 90, OML 95, and OML 49, with water depth of 656 feet. Buy the profile here.
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An expansion project is associated with the OML 49, 90, 95, namely the West Isan Development. This project is currently in the commissioning stage, expected to start in 2024.
Field participation details
The field is owned by Chevron and NNPC.
Production from OML 49, 90, 95
The OML 49, 90, 95 conventional oil field recovered 87.23% of its total recoverable reserves, with peak production in 2006. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 7% of the country’s daily output.
Contractors involved in the OML 49, 90, 95 conventional oil field
The key contractors involved in the OML 49, 90, 95 project as follows.
Other Contractors: Bonis Solutions
About Chevron Nigeria
Chevron Nigeria Ltd (Chevron Nigeria) a subsidiary of Chevron Corporation is an oil and gas company that offers exploration, production and transportation of crude oil and natural gas. The company distributes products such as additives, jet fuels, base oil, chemical, fuel, lubricant, marine fuels and lubricants and process oils. It operates the Agbami Field, which is located off the coast of the central Niger Delta region. The company also has a nonoperated interest in the Usan Field. It has invested in power generating facilities in the US and other countries. Chevron Nigeria is headquartered in Lagos, Nigeria.
For more details on the OML 49, 90, 95 Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
