OML 56: Energia Targets 10,000bpd of Crude in 2012

By Chika Amanze-Nwachuku

31 May 2011

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Gas Plant Facility

Energia Limited, operator of Energia/Oando Joint Venture in Oil Mining Lease (OML 56) has said it was targeting to reach 10,000 barrels per day (bpd) of crude oil production from the Obodougwa/Obodeti  field in 2012.

The Obodougwa/Obodeti field, located in Delta State is one of the 24 marginal fields allocated to indigenous operators by the Federal Government in 2001.Managing Director/ Chief Executive Officer, Energia Ltd, Mr.  Felix A.V told THISDAY   that the company started crude oil production from the Obodougwa/Obodeti Well 1 in 2009.

He said the company  was currently producing  1,800  bpd, but planned to hit 4,000bpd before the end of the year and 10,000 bpd in 2012, after the second well had come on stream.He said: “We are trying to drill another well, to bring our production to 4,000 bpd before the end of 2011. We are discussing with KCA Deutag for drilling rig, for the Obodougwa Well 4. By 2012, we should be doing about 10,000bpd”.

The company in conjunction with its partners,  Xenergi Energy has also built a 25 million metric standard cubic feet per day (mmscf/d)  capacity gas processing plant .Energia, an Indigenous oil and gas company,  is one of the seven marginal fields currently producing and the first to put up a gas plant that is running. So far, the company has invested between $30-40milion on the gas plant and a whopping $70 million from the time of well re-entry to 2009 when the well came on stream.

Speaking earlier, the Operations Manager , Engr. Godwin Okolo said the Obodougwa well 1 had been drilled, but was technically abandoned by its former operators.

He said after acquiring the oil lease Energia and its partner,  carried out well re-entry to ascertain whether it was producing.  Thereafter, the company brought in Early Production Facility Equipment (EPF) to test the well, which he said was turned to full blown flow station.

He confirmed that full production started in 2009. Energia holds 55 percent interest in the OML 56, making it the operator of the block.
The remaining 45 is owned by Oando Plc. The Federal Government, in line with its aggressive approach to fully explore and exploit
Nigeria's rich oil reserves as well as increase indigenous participation in the upstream sector, in August 2001, invited suitable indigenous companies to bid for the allocation of 24 marginal fields  located within the Niger Delta. Only seven out 24 companies are currently producing.

They include Energia’s Obodeti/Obodougwa field, Midwestern’s Umusadege field, Pillar Oil’s Umusati/Igboku field, Platform’s Asuokpu/Umutu field, Brittania-U’s Ajapa field and  Walter smith’s Ibigwe field.