Offshore Nigeria: Ofon Field Development Phase ...
TOTAL S.A.
Nigerian National Petroleum Corporation (NNPC) and Total, through its subsidiary
Elf Petroleum Nigeria Limited, operator of the NNPC/EPNL Joint Venture with a
40% interest, announce the launch of the Phase 2 of Ofon Field Development
Project. The field is located offshore east of Nigeria in OML 102, around 50
kilometres from the coastline, in a water depth of about 40 metres.
Ofon field came on stream in December 1997. The additional reserves (proved and
probable) to be developed during this phase are estimated to be over 350 million
barrels of oil equivalent. The additional reserves should allow an increase of
oil output by around 60,000 barrels per day to around 100,000 barrels per day by
the end of 2010.
In addition of existing facilities, new installations consisting of a processing
platform, three drilling platforms and an accommodation platform for more than
120 people should be built during Phase 2 of the field development. The new
central complex is expected to come on stream in 2010, with development drilling
continuing subsequently.
The new phase of the field development project will eliminate gas flaring in
Ofon, in line with the policy of the Federal Government of Nigeria and give
support to the NNPC/EPNL Joint Venture meeting its gas commitments. Gas will be
monetised through the NLNG plant. In addition, all produced water will be
re-injected into the reservoir.
In line with Total's commitments, the Ofon 2 project will contribute
significantly to Nigeria's local content policy in terms of construction works
as well as training of Nigerian engineers, technicians and other professionals.
Nigerian Offshore:
Total has operated in Nigeria for around 50 years. Developing the country's
offshore resources is one of Total's main growth drivers in Africa, particularly
the deep offshore Akpo field in OML 130, which the Group operates on behalf of
NNPC, Sapetro, Petrobras and CNOOC. Akpo is scheduled to come on stream in late
2008 at 225,000 barrels of oil equivalent per day. Also located in OML 130, the
Egina discovery will be developed separately. Appraisal work is currently
underway.
OMLs 99, 100 and 102, operated by Total in a joint venture with NNPC, account
for Total's current offshore production in Nigeria, mainly from the Amenam, Ofon
and Odudu fields.
Total is also partnered (12.5%) with Snepco (Shell) as operator on OML 118 which
also includes the Bonga field with a current production of around 200,000
barrels of oil per day.
The launch of the development of the offshore Usan field located on OML 138 will
also strengthen the offshore production of the Group in Nigeria.
Finally, as a major actor of the LNG market, Total holds a 15 % interest in the
Nigeria LNG project, with five trains already in operation, and Train 6 is
expected to commence operations at the end 2007.
Total will be able to consolidate its position as one of the leading oil majors
in Africa through its expanded presence in Nigeria, combined with growing
production volumes in Angola and in Congo (Republic of Congo).
Total is one of the world's major oil and gas groups, with activities in more
than 130 countries. Its 95,000 employees put their expertise to work in every
part of the industry - exploration and production of oil and natural gas,
refining and marketing, gas trading and electricity. Total is working to keep
the world supplied with energy, both today and tomorrow. The Group is also a
first rank player in chemicals. www.total.com
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