By OGJ editors
HOUSTON, May 02 -- Nigerian National Petroleum Corp. (NNPC) has approved the start by Total SA of development of Akpo gas and condensate field on OML 130 in 1,100-1,700 m of water, 200 km off Port Harcourt, Nigeria.
The field's development plan includes 22 producing wells, 20 water injection wells, and 2 gas injection wells, all of which will be tied back to a 2-million-bbl floating production, storage, and offloading (FPSO) vessel.
Akpo, scheduled on stream in late 2008, is expected to reach a quick production peak of 225,000 boe/d, 80% condensate. The condensate will be exported via a buoy 2 km from the FPSO. The gas will be piped 150 km to the Amenam/Kpono platforms then transported to the Bonny liquefaction plant.
Total is operator of OML 130 with a 24% interest. Other stakeholders are NNPC, Petroleo Brasileiro SA, and South Atlantic Petroleum.
