Zafiro is a producing conventional oil field located in deepwater in Equatorial Guinea and is operated by GEPetrol. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Zafiro Development Area, with water depth of 1,689 feet. Buy the profile here.
Smarter leaders trust GlobalData
An expansion project is associated with the Zafiro, namely the Zafiro Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by GEPetrol and Government of Equatorial Guinea.
Production from Zafiro
The Zafiro conventional oil field recovered 77.43% of its total recoverable reserves, with peak production in 2004. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 8% of the country’s daily output.
Contractors involved in the Zafiro conventional oil field
The key contractors involved in the Zafiro project as follows.
Other Contractors: Petrofac
About GEPetrol
GEPetrol is the national oil company of the Republic of Equatorial Guinea. It manages the crude oil sales of Equatorial Guinea and manages the exploration and production contracts on behalf of the country. The company is also responsible for the promotion of open acreage within Equatorial Guinea. It manages the sale of the country’s share of crude oil in Zafiro, Topacio, Ceiba, Alba oil fields. It also operates GESeuba Freeport and Sonagesa commercial joint ventures; and EG LNG Co downstream joint ventures. GEPetrol is headquartered in Malabo, Equatorial Guinea.
For more details on the Zafiro Conventional Oil 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.
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.
