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    1. Drilling & Production
    2. Production Operations

    ELF NIGERIA SETS 1990 BUDGET

    March 19, 1990
    Elf Aquitaine's Nigerian unit plans to spend $100 million on exploration in Nigeria in 1990, reports OPEC News Agency. Elf hopes to maintain its Nigerian oil production at 90,000-100,000 b/d in the 1990s (OGJ, Feb. 26, p. 27). Elf Nigeria also plans to begin developing Obagi and Ukpomani fields in Rivers and Bendel states this year. It estimates reserves at a combined total of more than 100 million bbl of oil in the two fields. Productive capacities are pegged at 95,000 b/d for Obagi and

    Elf Aquitaine's Nigerian unit plans to spend $100 million on exploration in Nigeria in 1990, reports OPEC News Agency.

    Elf hopes to maintain its Nigerian oil production at 90,000-100,000 b/d in the 1990s (OGJ, Feb. 26, p. 27).

    Elf Nigeria also plans to begin developing Obagi and Ukpomani fields in Rivers and Bendel states this year.

    It estimates reserves at a combined total of more than 100 million bbl of oil in the two fields. Productive capacities are pegged at 95,000 b/d for Obagi and 35,000 b/d for Ukpomani.

    Copyright 1990 Oil & Gas Journal. All Rights Reserved.

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