By OGJ editors
HOUSTON, Feb. 19 -- Total SA said Egina oil field, which holds several promising discoveries, may be suitable for stand-alone development. The field is on Total-operated license 130, 150 km off Nigeria.
The Egina-1 discovery well, drilled in December 2003, and the Egina-2, drilled in October 2004, revealed the presence of a new structure. After reprocessing existing seismic data, Total launched an appraisal program to size the Egina discovery.
The Egina-3 (September 2006), Egina-4 (November 2006), and Egina-5 (January 2007) wells, drilled in about 1,500 m of water, encountered 60-80 m of oil in Miocene sands. They confirmed the possibility for a stand-alone development of the field.
Tests of the Egina-5 well suggest the well's production potential could reach 12,000 b/d.
Egina-1 lies 20 km from Akpo gas-condensate field, which is scheduled to start production in late 2008 and quickly peak at 225,000 boe/d, 80% condensate. Akpo was discovered in 2000.