Page 16 - AfrOil Week 29 2021

AfrOil NEWS IN BRIEF AfrOil

“MOU-1 delivered a result that allowed us to in Lagos. The News Agency of Nigeria (NAN)
de-risk the MOU-4 Target whilst unexpectedly reports that the Federal Government has
validating the pre-drill seismic ‘bright spot,’ declared July 20 and 21 as public holidays to
related to the presence of gas, as being attribut- mark the celebration.
able to the western limit of the MOU-4 Target Osu said there was product sufficiency
and not an isolated target as previously inter- nationwide and advised marketers against
preted above what was thought to be the pre-drill hoarding and creating artificial scarcity under
MOU-4 Target equivalent section.” any guise. He said the DPR would intensify its
Predator Oil & Gas, July 19 2021 monitoring and surveillance of petroleum prod-
ucts outlets to ensure compliance with quality,
Decklar Resources drilled to achieve full field development. Addi- quantity, integrity and safety of operations in line
with its regulatory mandate.
announces update on tional early production and central processing tion such as under dispensing of products to any
Osu advised consumers to report any infrac-
facilities will be added as required to accom-
Oza-1 well re-entry modate additional production levels from field DPR office nationwide. He also reiterated the
development activities.
DPR’s commitment to safety and advised con-
Decklar Resources has announced an update to The Company anticipates that operations sumers to observe all necessary safety protocols
operations at the Oza-1 well re-entry at the Oza for the re-entry of the Oza-1 well are on track in the handling of petroleum products.
oilfield in Nigeria, being performed by the Com- for initial production testing to commence by Osu said the regulatory agency would con-
pany’s wholly-owned Nigeria-based subsidiary, approximately mid-July. The Oza oilfield has sig- tinue to initiate appropriate initiatives to enable
Decklar Petroleum. nificant export and production capacity through business and create opportunities for investors
Rig On-site at Oza-1: Decklar has made sig- processing facilities and infrastructure already in and stakeholders in the oil and gas industry in
nificant progress in preparation for the Oza-1 place and operational, which will allow for the Nigeria.
well re-entry with the arrival of the drilling rig, immediate export and sale of crude oil from the DPR, July 16 2021
camp and all associated equipment at the site. Oza-1 well.
The drilling rig has been installed and is in the Decklar also continues to pursue and advance DPA powers Total
final rigging-up stage, and initial operations on evaluations and negotiations for additional
the Oza-1 well re-entry are anticipated to begin proven undeveloped oil and gas fields in Nige- Zimbabwe service
shortly, starting with functional testing of the ria that have significant reserves and near-term
rig and then initial work activities of pulling the production potential, including the recently stations with solar panels
existing tubing and running a cement bond log announced Letter of Intent to acquire rights in
to confirm the integrity of the cement behind the the Asaramatoru oilfield. We are pleased to announce that we have been
casing. This will be followed by pulling the 5.5- Duncan Blount, CEO of Decklar, stated: selected as one of the energy companies con-
inch casing that is inside the 9-inch casing and “This is a significant milestone for the Company tracted for the installation of solar power for
running cased hole reservoir logs. as we transition from a developer into a produc- Total Zimbabwe service stations across the
Once the logging is complete and has been ing oil company. Thanks to the infrastructure country. Our mandate includes the custom
analysed, the well will be cleaned out and per- already in place, the flow test from the Oza-1 design of the grid-tied solar photovoltaic (PV)
foration and production testing operations will will go directly into the pipeline to the Bonny systems, procurement of the equipment except
be performed on the three known oil-bearing Export Terminal to generate attractive cash flow. for the PV panels which are free issued due to
zones (L2.2, L2.4 and L2.6) beginning with the We look forward to ramping up production as unique specification, and the installation of the
lowest zone (the L2.6 zone). Each zone will be we continue to progress full-field development proposed power solutions. We will also operate
production flow-tested independently, and all at the Oza Field. The cash flow from this field and maintain the solar systems on a mainte-
test volumes produced will be exported and sold will support Decklar’s strategy of consolidating nance agreement.
through the existing production facilities and and re-establishing production at this and other We have been awarded 15 service stations
pipelines. Once testing of all three zones is com- similar high-margin proven undeveloped con- to power. Among them are Rusape, Avondale,
pleted, it is anticipated that a final dual-tubing ventional oilfields in Nigeria.” Emerald Hill, Westgate and Chisipite, which are
string completion will be installed, and the L2.2 Decklar Resources, July 17 2021 already commissioned. Implementation for an
and L2.6 zones placed into production based additional three service stations in Victoria Falls,
upon successful testing. Kwekwe and Msasa is in progress, while the rest
The drilling rig is then expected to be skid- DOWNSTREAM of the sites are undergoing a power needs assess-
ded on the same drill pad as Oza-1 to a new ment. The installation of solar panels is aimed at
drilling slot and a horizontal development well DPR assures Nigerians reducing the business’ total energy dependence
will be drilled in the L2.4 zone and placed on on the grid or alternative energy sources like
production upon successful testing. The Oza-1 of petroleum product generators by 30%.
well and new horizontal development well are “We are excited that businesses are taking
anticipated to generate significant production availability during Sallah such big steps towards adopting renewable
levels and cash flow in a short time frame due energy, and we look forward to a great collab-
to the existing infrastructure in place. The Oza The Department of Petroleum Resources (DPR) oration with Total Zimbabwe as we continue to
oilfield development is planned to then continue has assured Nigerians of petroleum product work on the roll-out of solar power, which is an
with one or two more re-entries on other existing availability during the Sallah holidays. essential transition to new energies,” commented
wells and additional development drilling pro- Paul Osu, Head, Public Affairs, DPR, gave DPA Zimbabwe CEO, Divyajeet Mahajan.
gram with a potential of eight to 10 wells being the assurance in a statement issued on Friday Distributed Power Africa, July 16 2021

P16 www. NEWSBASE .com Week 29 21•July•2021