Toucan

Project Overview

• Location: The Toucan conventional oil field is located in Gabon.

Production and Reserves

• Recovery Rate: The field has recovered 47.30% of its total recoverable reserves as of the latest data.
• Peak Production: Peak production is expected in 2024, indicating a significant milestone in the project's lifecycle.

Economic and Operational Aspects

• Economic Viability: The project's economic viability is tied to the recovery of its reserves and the current market conditions. The fact that peak production is expected in 2024 suggests that the project is in an advanced stage of development.

Field Characteristics

• Type of Field: The Toucan field is a conventional oil field, which distinguishes it from unconventional oil fields such as those involving shale oil or tar sands.

Historical and Current Status

• Development Stage: Given that peak production is anticipated in 2024, the field is likely in the production phase, having completed the exploration and development stages.

Environmental and Regulatory Considerations

• While specific details on environmental and regulatory aspects are not provided in the source, it is crucial to include any relevant information on compliance with local and international regulations, environmental impact assessments, and mitigation strategies.

Stakeholders and Partnerships

• Operators and Partners: Typically, oil field projects involve multiple stakeholders, including the operating company, joint venture partners, and possibly government entities. Identifying these stakeholders is important for a comprehensive profile.

Infrastructure and Technology

• Infrastructure: Details on the infrastructure in place, such as drilling rigs, pipelines, and storage facilities, are essential. The project likely involves advanced technology for extraction and processing.
• Logistics: Information on how the oil is transported and marketed should also be included.

Financial Projections

• Revenue Projections: Financial projections, including revenue estimates based on production levels and market prices, are critical for understanding the project's economic performance.
• Cost Structure: Details on operational costs, capital expenditures, and any other financial metrics relevant to the project.

Here is a structured outline for the profile:

Toucan Oil Project Profile

1. Project Overview

• Location: Gabon
• Type of Field: Conventional oil field

2. Production and Reserves

• Recovery Rate: 47.30% of total recoverable reserves
• Peak Production: Expected in 2024

3. Economic and Operational Aspects

• Economic Viability: Tied to reserve recovery and market conditions
• Production Phase: Anticipated peak production in 2024

4. Field Characteristics

• Conventional oil field

5. Historical and Current Status

• Development Stage: Production phase
• Key Milestones: Peak production expected in 2024

6. Environmental and Regulatory Considerations

• Compliance with local and international regulations
• Environmental impact assessments and mitigation strategies

7. Stakeholders and Partnerships

• Operators and Partners: Identify key stakeholders involved in the project

8. Infrastructure and Technology

• Drilling rigs, pipelines, storage facilities
• Advanced technology for extraction and processing
• Logistics: Transportation and marketing of oil

9. Financial Projections

• Revenue Projections: Based on production levels and market prices
• Cost Structure: Operational costs, capital expenditures, and other financial metrics