Project Profile
Value: $670Million
Startup Year: 2019
The field contains a potential 300-400 million barrels of recoverable oil. The field is primarily oil with a small gas cap. Preliminary plans include Tiof West reservoir being developed first via early production system comprising two production manifolds, two water injection wells and a gas injection well tied back to a FPSO. The field is found in water approximately 3,115-4,595ft (950-1,400m) deep.
Reserves are estimated at 71-100 million barrels of oil.
Reserves for Phase 1 are now provisionally estimated at 50m-60m bbl with subsequent phases to access additional reserves. The first phase would be designed to handle oil production of approximately 50,000 b/d. At this stage the concept is provisionally for six initial production wells. The facility will have 15 to 18 well slots to allow for future expansion.