📋 Tender Overview
Scope :
Preowei is a conventional oil development located in deepwater in Nigeria and is operated by Total Upstream Nigeria. Discovered in 2004, Preowei lies in block OML 130 (OPL 246), with water depth of around 5,904 feet.
The field is owned by South Atlantic Petroleum, Africa Oil, Banco BTG Pactual, TotalEnergies and China National Offshore Oil.
Production from the Preowei conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, to approximately 64,927 bpd of crude oil and condensate and 20 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2047.
The field is expected to recover 204.4 Mmboe, comprised of 193.98 Mmbbl of crude oil & condensate and 62.55 bcf of natural gas reserves.
Production from the Preowei conventional oil development project is expected to begin in 2026 and is forecast to peak in 2028, to approximately 64,927 bpd of crude oil and condensate and 20 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2049.
