Nigeria’s Opuama field onstream

Eland Oil & Gas has reported first oil from the Opuama field located on the OML 40 licence, onshore Nigeria. Production has recommenced through the successful re-commissioning of existing infrastructure and the re-opening of two existing wells, from which gross output is expected to stabilise at around 2,500 b/d. Crude is being delivered to the Shell Forcados export terminal.

 

Opuama is operated by the Nigerian Petroleum Development Corporation (NPDC).The field, which has gross recoverable 2P reserves of 54.2mn barrels, was in production between 1975 and 2006 before SPDC undertook a controlled shut-down of the facilities. NPDC holds a 55% interest in OML 40. The remaining 45% interest is owned by Eland’s joint venture company Elcrest Exploration and Production Nigeria.