Page 14 - AfrOil Week 15 2021
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AfrOil                                      NEWS IN BRIEF                                              AfrOil









       UPSTREAM                            testing, completion, and initial production at   Chief Director of Safety Esther Anku stated
                                           the Oza Field. These initial operations at the  that the retail outlet monitoring system is aimed
       San Leon Energy provides            Oza oilfield represent a milestone culminating  at complementing measures already taken in the
                                           from considerable effort and preparation for the  fight against illicit activities and it is expected
       update on Oza field                 initial development activities at the Oza oilfield  to monitor the receipt into the retail outlets of
                                           with Millenium.”
                                                                                smuggled products, products meant for export
       San Leon, the independent oil and gas produc-  San Leon Energy, April 09 2021  and diverted subsidised products such as Premix
       tion, development and exploration company                                and MGO local deployed to control illicit activ-
       focused on Nigeria, notes the announcement                               ities in the petroleum downstream industry in
       made by Decklar Resources yesterday in Can-  DOWNSTREAM                  the country.
       ada, the full text of which is set out below.                              The implementation of the National Fuel
       Decklar Resources Inc. Announces Operations   NPA launches fuel          Monitoring System, comprising the installation
       Update on Oza-1 Well Re-entry.                                           of Automatic Tank Gauges (ATG) and Fore-
         Drilling rig for re-entry and testing opera-  monitoring system to seal   court/Dispenser Transaction Control System
       tions has been contracted, with mobilisation                             at the retail outlets, will provide data on sales
       anticipated to commence next week.  revenue leakages                     and in-tank volumes that enables remote mon-
         Camp and logistics equipment required for                              itoring, and will therefore be an effective tool to
       Oza-1 well re-entry is currently being staged on  As part of efforts aimed at eliminating illicit  combat unauthorised Third Party Deliveries.
       site.                               activities associated with the transportation and  The deployment of the system includes the cali-
         Long lead equipment items required to test  effective distribution of petroleum products  bration of all underground storage tanks using
       and complete the Oza-1 well re-entry have  across the country, government has introduced  the world’s most advanced calibration technol-
       been ordered and service contractors have been  the National Retail Outlet Fuel Monitoring Sys-  ogy, the Calibex 3D laser calibration technique
       sourced and secured.                tem. The system will also help reduce revenue  that delivers high accuracy calibration within 30
         Decklar Resources and its co-venturer Mil-  losses within the petroleum downstream sec-  minutes.
       lenium Oil & Gas Co. have announced that  tor. Already, data from the National Petroleum   NPA, April 09 2021
       activities for the Oza-1 well re-entry at the Oza  Authority, NPA, show that between 2015 and
       oilfield in the Niger Delta, have made significant  2019, government lost over GHS4bn in tax rev-
       progress. The Oza-1 re-entry represents the start  enue as a result of illegal activities in the petro-  SERVICES
       of an aggressive field development of the Oza  leum downstream sector.
       oilfield through the Company’s wholly-owned   Speaking at the launch of the National Retail   ION awarded exclusive
       Nigeria-based subsidiary, Decklar Petroleum,  Outlet Fuel Monitoring System by the National
       and Millenium, its Nigerian co-venturer on the  Petroleum Authority, Vice President Mahamudu   agreement for 3D multi-
       Oza Field.                          Bawumia hinted that the move is an effective
         Decklar has contracted a 1300 HP trail-  distribution system essential to the economic   client programmes offshore
       er-mounted drilling rig that is currently located  growth of the country. “This innovation by the
       in Port Harcourt, approximately 60 km from the  NPA will not just improve the petroleum prod-  Kenya
       Oza oilfield in the Niger Delta. The drilling rig  uct distribution system but will also go a long
       will be used for the re-entry and testing of the  way towards the Ghana beyond aid agenda.  ION Geophysical today announced that the
       Oza-1 well, then immediately followed by the  It certainly would help the government in its  Company was awarded an exclusive agreement
       drilling of a horizontal development well from  effort to maximise revenue mobilisation from  for 3D multi-client programmes offshore Kenya.
       the Oza-1 drilling pad. Drilling of additional  petroleum products. Taxes and levies on petro-  The agreement includes both 3D new acquisi-
       development wells is planned after completion  leum products are major sources of revenue for  tion offshore the Lamu Basin and reimaging
       and analysis of the re-entry and horizontal wells  the government in pursuing its developmental  vintage data offshore Kenya.
       at the Oza-1 location. It is anticipated that the  agenda.                 Offshore Kenya is an attractive area with
       drilling rig will commence its mobilisation to the   Actions, decisions and policies of individuals  a proven petroleum system; however, it has
       Oza Field next week, with the move expected to  and corporate bodies which results in petroleum  remained underexplored, in part due to lack of
       take approximately seven days. Further, the  product distribution leakages with consequen-  available 3D data. The final shape and size of new
       camp to house the personnel engaged to provide  tial revenue losses to the State inhibit economic  3D programmes will be dictated by client input
       support for operations and related logistics facil-  development and therefore have serious negative  and underwriting.
       ities is currently being moved and set up at the  consequences on the developmental agenda of   “We are pleased Kenya’s Ministry of Energy
       Oza oilfield. Additionally, equipment and sup-  the government,” he said.  and Petroleum selected ION to increase the
       plies with longer lead times that are needed to                          understanding and promote the hydrocarbon
       test and complete the Oza-1 well as part of the                          potential of these offshore resources to attract
       re-entry activities have been ordered, secured,                          future investment,” said Joe Gagliardi, Senior
       and are expected to arrive in Nigeria over the                           Vice President of ION’s Ventures group. “The
       next two to five weeks. Service contractors have                         programme will leverage our extensive data
       been sourced and contracted for the near-term                            library and knowledge offshore Kenya and East
       operational activities.                                                  Africa. In an increasingly competitive environ-
         Decklar’s CEO Duncan Blount commented:                                 ment for seismic data, we have geographic exclu-
       “We are pleased with the progress being made                             sivity in a promising, underexploited geography
       and look forward with anticipation to the                                to execute our 3D strategy, for both new acquisi-
       commencement of Oza-1 re-entry operations,                               tion and reimaging programmes.



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