NAPENews Magazine August 2021 Edition

NIGERIAN OIL & GAS
INDUSTRY REPORT
A REVIEW OF ACTIVITIES IN THE
NIGERIAN OIL & GAS SPACE
COURTESY AFRICAN OIL + GAS REPORT
compression system that will enable
us to do that”.
P l a t f o r m a c h i e v e d i t s f i r s t
commercial lean gas delivery to the
Nigerian Gas Marketing Company
(NGMC)a subsidiary of the NGC, in
November 2020, following the
commissioning of a section of the
OB3 gas pipeline.
“Prior to this time, we had executed
a Gas Sales and Purchase
Agreement with NGMC, that
h a p p e n e d o v e r t w o y e a r s
ago”,Owieadolor told Africa Oil+Gas
Report. “We did same with
PowerGas and one or two other
Third Party companies. The model
has been willing buyer-willing
seller”.
Oweiadolor clarified that Platform is
not thecurrent operator of the PNG
Gas Processing Plant, “but we are
an investor there and our
involvement is more like an
oversight function at the board level.
But outside of that, because of the
relationship on the board level, we
also provide some bit of support
based on our experience. That's
how it relates to the operatorship of
the plant”.
FIRST E&P REACHED
40,000BOPD WITH FIVE WELLS
AND . . .
First E&P reached 40,000 Barrels of
Oil Per Day, six months after first oil,
from the Anyala West segment of the
Anyala/Madu fields that it is
developing in Oil Mining Leases
(OMLs) 83 &85, in shallow water
offshore Nigeria.
Now the field is pumping between
33,000 and 38,000BOPD.
The entire output is from five of the
seven wells drilled as producers.
Two other wells are struggling with
completion issues.
The Nigerian owned Independent,
working in Joint Venture with state
hydrocarbon company NNPC,
commissioned the field (reached
first oil) in October 2020 and
exported its first cargo in January
2021.
But First E&P is developing the field
under extenuating circumstances,
with difficult access to finance, Africa
Oil+Gas Report sources say.
“It has debts to pay, so there will be a
ramp up even with this number of
wells”, sources familiar with the data
say.
The Anyala West wells are all
horizontal probes, landed in high
flow part of the reservoirs, sources
tell Africa Oil+Gas Report.
The Anyala and Madu fields are
estimated to contain combined
reserves of 193Million barrels
(MMbbls) of oil and 0.637Trillion
cubic feet (Tcf) of gas. They are
being developed through four
conductor-supported platforms
(CSP) with planned a total of 20
wells. The first phase involves the
installation of two CSPs, namely the
Anyala West CSP in 50.7metres of
water and Madu CSP, in 28.7metres
of water.
Phase 1 involves a total of seven
development wells for a joint
production through the Abigail-
Joseph FPSO.
The peak production is expected to
be 60,000BOPD with at least 10
wells contributing to that volume.
NAPENEWS AUGUST 2021 33