Eland starts oil production from Opuama field in Nigeria

Eland Oil & Gas PLC has started oil production from Opuama field on the OML 40 license onshore Nigeria.

The company said production has restarted through the successful recommissioning of existing systems and the reopening of two existing wells. Gross output from the two wells is expected to stabilize in aggregate at 2,500 b/d of oil. The crude oil produced will be delivered to the Shell Forcados export terminal through Eland’s recently recommissioned flow station and export pipeline, with a capacity to export as much as 30,000 b/d.

Opuama is operated by Nigerian Petroleum Development Corp. The field, which has gross recoverable 2P reserves of 54.2 million bbl, was in production during 1975-2006 before Shell Petroleum Development Co. undertook a controlled shutdown of the facilities.

NPDC holds 55% interest in OML 40, with the remaining 45% interest belonging to Elcrest Exploration & Production Nigeria Ltd., Eland’s joint venture company.

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