Nigeria: an assessment of crude oil potential. Analysis report AR/IA/79-38
As of January 1, 1976, there were 169 known fields that originally contained 44.2 billion bbl of oil and had an estimated remaining proved reserve of 12.3 billion bbl. In 1978, proved reserves were reported to be 12.6 billion bbl. Cumulative production to January 1, 1978, was 6.1 billion bbl for a total ultimate oil recovery of 18.7 billion bbl from known fields. The USGS estimated that undiscovered original oil in place at the 5 and 95% probability levels were 65 and 5 billion bbl, respectively, with a mean value of 24 billion bbl at the 38% probability level. It is estimated that 35% of this undiscovered oil could be recovered. Using the mean value of 8.4 billion bbl of undiscovered recoverable oil results in an estimated total ultimate recovery of 27.1 billion bbl. From this resource base it is estimated that Nigeria could produce at a rate as high as 3.3 million bbl/d which might occur as early as 1984, providing there are no political or oil market restraints and there is a continuing successful exploration and development program in the country. Also, Nigeria could sustain 2 million bbl/d (MM bopd) production to 1996, 2.5 MM bopd to 1991, or 3 MM bopd to 1987 under the stated conditions.
- Research Organization:
- Department of Energy, Dallas, TX (USA). Energy Information Administration
- OSTI ID:
- 5932398
- Report Number(s):
- DOE/EIA-0184/14
- Country of Publication:
- United States
- Language:
- English
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