Page 7 - AfrOil Week 31 2019
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AfrOil PROJECTS & COMPANIES AfrOil
Oriental Energy confirms
oil find at Nigeria’s Ebok field
ORIENTAL Energy Resources Ltd (OERL), a privately owned Nigerian operator, has con-  rmed reports of its oil discovery at the o shore Ebok  eld.
 e company found the crude while drilling the Ebok-45 appraisal well to a depth of 2,794 metres in 44-metre-deep water. It encountered 51.8 metres of gross oil pay within two deep-ly- ing subsea prospects that it had identi ed dur- ing its extensive studies of the contract area, which lies within the OML 67 block.
OERL did not say whether it had com- menced production testing at Ebok-45, which was originally known as EDN-1. Nor did it say when it might do so.  e company did state, though, that both of the horizons it had encoun- tered within the well had shown “excellent res- ervoir and  uid characteristics,” as con rmed by ‘[wireline] logging combined with pressure and sampling.”
 e Nigerian  rm began working at Ebok in 2007, when it won the right to develop the  eld via a farm-out deal with ExxonMobil.  e US company discovered the site, which lies around 55km o  the coast of Akwa Ibom, in 1968.
Alhaji Muhammadu Indimi, the executive chairman of OERL, expressed satisfaction with the company’s achievement. “I am extremely pleased with the results of the appraisal well and I am looking forward to the early development
NNPC, Eland achieve first oil at Gbetiokun offshore Nigeria
of this new discovery,” he said.
Meanwhile, the company’s managing direc-
tor, Ignatius Ifelayo, said that the discovery at Ebok would help OERL achieve its goals. “We are delighted to report the successful appraisal drilling programme in Ebok Deep, and it serves as a great boost to Oriental Energy’s vision to grow its reserves base and production in Nige- ria,” he said. “ is is also in line with the nation’s quest to increase its reserves base.  is is the  rst signi cant new oil discovery by Oriental Energy Resources inside its existing develop- ment area.”
OERL currently holds licences for three marginal  elds in Nigeria: Ebok, Okwok and OML 115.™
ABERDEEN-BASED Eland Oil & Gas and Nigerian National Petroleum Corp. (NNPC) have brought the Gbetiokun oilfield, located o shore Nigeria in the Northwest Niger River Delta, on stream.
Eland said last week that the partners had launched an early production facility (EPF) at the  eld, which lies within the south-western section of the OML 40 block.  e unit is capable of supporting multiple development wells and has a nominal capacity of 22,000 barrels per day. Initially, it will handle 12,000 bpd of crude  ow- ing from the Gbetiokun-1 and -3 wells.
NNPC and Eland will load the oil they extract from these two development wells into shuttle tankers for transport.  ey intend to use existing infrastructure – namely, the main OML
export pipeline – to transport these barrels.  e companies are set to drill up to  ve more development wells at Gbetiokun before the end of this year.  ese wells will support the  rst
phase of operations at the  eld.
During the  rst phase of the project, the part-
ners will target three of the deepest oil-bearing reservoirs at Gbetiokun. All of these reservoirs lie at depths of 5,000-10,000 feet (1,524-3,048 metres).  e  eld, which Eland has described as “a relatively simple dip-closed structure,” con- tains 19 oil-bearing reservoirs.
The second phase of work at Gbetiokun will focus on several of the site’s shallower structures, which are not as well de ned as the deeper reservoirs that are being exploited in the  rst phase.
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Oriental Energy Resources
Week 31 06•August•2019 w w w . N E W S B A S E . c o m
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