Petroleum Africa
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Tuesday, April 4, 2017
Eland Oil & Gas is planning to commence its workover and sidetrack of the Opuama-7 well before the end of H1 2017 on Nigeria’s OML 40. The company anticipates that the workover and sidetrack will add an additional 6,000 bpd to OML 40’s production rates.
It will also perform a workover of the Gbetiokun-1 well in H2 2017, which is expected to drive production up at least another 7,800 bpd. Following on from its assessment of the production potential of the well and the associated CPR by NSAI, from March 2016, Eland has carried out an integrated technical evaluation of a full development of the Gbetiokun field. An initial development comprising six new production wells targeting the deeper reservoirs, together with Gbetiokun-1, is forecast to produce more than 50 million barrels. A second phase of development, comprising six further production wells targeting the shallower reservoirs, has the potential to produce a further 15 million barrels. Eland’s reservoir models indicate that these wells could deliver a peak production rate of over 50,000 bpd.
In addition Eland expects to begin development of the Ubima early production system at the end of the Nigerian wet season in September and upon completion of road and wellsite preparation.
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