Optimum Petroleum and Lekoil, partners in the Ogo discovery located in OPL 310 block offshore Nigeria, have started a site survey over the license.
Location of the OPL 310; Source: Lekoil
Lekoil said on Friday that the approval for the site survey on OPL 310 was granted by the Department of Petroleum Resources (DPR), in accordance with the provision of the Petroleum Regulations.
According to the company, the marine vessel conducting the site survey arrived at site location yesterday and began its operation which is expected to be completed before the expiration of the approval received from DPR which occurs on March 24, 2020.
Following on from the drilling of Ogo-1 and Ogo-1 ST in 2013 which encountered hydrocarbons within the SynRift and PostRift, Optimum and Lekoil are envisaging a two-well program with the objective of obtaining dynamic flow data from well testing while preserving the drilled wells as producers.
In conjunction with this appraisal drilling plan, the site survey is required for the assessment of top-hole drilling, jack-up rig, and potential platform foundation hazards and any seabed obstructions.
The first well spud could occur in the second half of this year. Lekoil has secured $184 million of funding for the appraisal drilling and initial development program activities on the Ogo field.
Lekan Akinyanmi , Lekoil CEO, said: “With the commencement of the site survey, we are delighted to begin in earnest the two well appraisal drilling work program of activities which is expected to lead to the spudding of the first well in the second half of this year.
“We celebrate this milestone with our partner and the operator of the OPL 310 license, Optimum Petroleum, as together we pursue value for all stakeholders.”
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