π Tender Overview
Scope :
JK is a conventional oil development located in shallow water in Nigeria and is operated by Shell Petroleum Development Company of Nigeria. JK lies in block OML 74, with water depth of around 256 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2026. The JK conventional oil development will involve the drilling of approximately 12 wells and includes subsea tree and wellhead platforms.
The field is owned by Eni, TotalEnergies, Nigerian National Petroleum and Shell.
Production from the JK conventional oil development project is expected to begin in 2026 and is forecast to peak in 2028, to approximately 46,410 bpd of crude oil and condensate and 47 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2073.