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Monday, May 21, 2018
Eland Oil & Gas signed a rig contract with KCA Deutag for the T-57 land rig to workover its Ubima-1 well. The well is located on the Ubima field on OML 17, onshore Niger Delta in the Northern part of Nigeria’s Rivers State, in which Eland has a 40% interest.
The Deutag T-57 land-rig is currently being mobilized and prepared and is expected on site in early June. Eland therefore expects to re-enter Ubima-1 before the end of June. The Ubima-1 re-entry well is the first to be worked on in the license by Eland and its partner. A dual string completion is planned for the well, which will target oil within four reservoirs, namely the D1000, E1000, E2000 and F7000.
Eland plans to workover Ubima-1 and initiate an Early Production System in 2018.
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