GUIDE TO WORLD CRUDES: Deepwater Agbami field produces light, low-sulfur crude

Agbami field off Nigeria—the country's largest deepwater producing field, according to Statoil—began producing oil in July 2008 and was to reach plateau production of 250,000 bo/d by late last year (OGJ Online, Aug. 1, 2008). Total estimated reserves are about 900 million boe. It has been developed with subsea wells at about 1,500 m connected to a floating production, storage, and offloading vessel and is operated by Chevron in licenses OML 127 and OML 128, about 68 miles off Nigeria.Statoil holds a 53.85% interest in OML 128. The Agbami FPSO is the world's largest, says Statoil, designed to store about 2.2 million bbl of oil and to remain on station for more than 20 year...

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