By OGJ editors
HOUSTON, Feb. 29 -- Partners in Usan oil field off Nigeria are moving to develop the 2002 discovery, which lies in 750-850 m of water on Oil Mining License 138, about 100 km off the eastern Niger Delta coast.
Development plans for Usan include a floating production, storage, and offloading vessel with a storage capacity of 2 million bbl of oil. First production is expected in late 2011 with peak production reaching 180,000 b/d of oil. Associated gas will be reinjected.
Coventurers in Usan field development are operator Elf Petroleum Nigeria Ltd. 20%, Chevron Nigeria Deepwater Ltd. 30%, Esso Exploration & Production Nigeria (Offshore East) Ltd. 30%, and Nexen Petroleum Nigeria Ltd. 20%.
