Uchenna Izundu
International Editor
LONDON, Mar. 3 -- Total Gabon reported it will drill a dozen wells in Anguille field in Gabon under its redevelopment program and expects oil recovery to improve to 23% from 13%.
The redevelopment will cost $2 billion for additional proved and probable reserves of about 150 million bbl with production peaking at more than 30,000 b/d in 2013-14.
The Total unit said production is expected to increase in 2008 with operating costs falling by refocusing operations onshore.
Under the first phase of redevelopment, associated surface facilities will be debottlenecked and Total will increase the number of drainage points, in particular in the northern part of the field, and boost well productivity by hydraulic fracturing and massive waterfloods.
"Running from 2009 to 2011, Phase 2 entails installing new offshore infrastructure and decommissioning obsolete process units, building an onshore plant (power generation, fluid treatment, gas compression) and drilling an additional 30 or so wells," Total added.
The Anguille redevelopment is an important project to eliminate wasteful gas flaring in the country by 2011, as well as coastal discharges of production water.
Anguille lies 20 km off Port-Gentil in 30 m of water in the Grand Anguille Marine concession, which is wholly owned by Total Gabon.
Discovered in 1962, Anguille came on stream in 1966 and produced 7,500 b/d in 2007 prior to redevelopment.
Contact Uchenna Izundu at [email protected].
