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NPDC PRODUCES FIRST OIL FROM OML 40

Following concerted efforts, the Nigerian Petroleum Development Company Limited, NPDC (a subsidiary of NNPC) has produced its first Oil from Opuama oil wells in OML 40 in the onshore of the Niger Delta which was shut in by Shell Petroleum Development Company of Nigeria Limited (SPDC) in March 2006.

 

The company successfully re-opened two Opuama oil wells with a combined production of 2,500 bopd. On assumption of operatorship, NPDC focused on the restoration of production by the replacing all corroded in-field flowlines and damaged sections, refurbishing the 30,000 barrels of liquid per day production flowstation and repairing the 36km oil export pipeline.

 

With the successful restart of production, the company will now progress its Field Development Plan (FDP).  It is anticipated that production will increase by a further 3,000 bopd for each subsequent well drilled. It should be noted that in compliance with the Nigerian Content Act, the entire development work was carried out by local contractors. This further illustrates our commitment to this act as institute by the Federal Government.

 

OML 40 is one of the assets that were divested from SPDC and NPDC took over the operatorship in January 2013. It is therefore a welcome development to achieve this great feat within one year of operations.

 

OML 40 is jointly owned by NPDC (operator) and Elcrest Exploration & Production Nigeria Limited

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