M a r k e t N e w s
Sahara Energy extends well test, to strike first oil in 2015
Posted on : Friday, 12th December 2014
The Chief Operating Officer (COO) of Sahara Energy Upstream Group, Mr. Curtis Cohen has said the firm is carrying out an extended production test on the Oki field located in Oil Prospecting Lease (OPL) 274 in North Western Niger Delta, Daily Independent reports. The activity is in readiness to strike first oil from the field before the end of the first half 2015.
According to Cohen, the work programme will double output to 8,000 barrels of oil daily in 2015, once Oki-Oziengbe South-5 is completed and streamed up. The Oki field straddles the Nigeria Petroleum Development Company ( NPDC) operated Oziengbe South Field in Oil Mining Lease (OML) 111.
As such, there is a unitization agreement between the two companies. Under the terms of unitization programme , Sahara Energy will produce into the NPDC operated flow station on the Oziengbe South Field. The unitized field, Oki-Oziengbe South will be harnessed for the benefit of the stakeholders. Sahara will install four flow lines to the flow station. The company predicts initial production of 4,000 barrels of oil daily from Oki-Oziengbe South-4, which is the first of the two appraisal/development wells.
The company has successfully drilled two appraisal/development wells and an exploration well between September 2013 and August 2014.
Source : energy mix report
