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Afren plc Provides an Update on Operational Activities Across its Portfolio

Source: www.gulfoilandgas.com 12/16/2008, Location: Africa

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Afren plc provides an update on operational activities across its portfolio in Nigeria, Ghana, Côte d’Ivoire.

Nigeria
1. Nigeria-Okoro Setu Project
Production operations on the Okoro Setu Project are continuing to run efficiently. The wells are producing in line with expectations and fine tuning of the production process is allowing Afren, the technical partner, and Amni, the licence operator, to achieve optimal delivery of the well potential and effectively manage the reservoir. Production from the field is currently averaging 18,500 bopd from 6 of the 7 wells currently available on the field. The 7th well is scheduled to come on line by the end of the year, pending the arrival of outstanding wellhead equipment. Production is expected to increase to 21,000 bopd once all of the wells are producing.

To date, Afren and its partner Amni have produced over 900,000 bbls from the field with no water and successfully lifted five cargoes for export. A further two lifting are scheduled before the end of the year. Sale proceeds from these lifting have realized an average price of $53.9 per barrel. Afren and Amni’s near term focus will be to continue to maximise production from the field whilst reducing field-operating costs to reflect the current oil price environment.

2. Ebok Appraisal & Development
The Ebok-4 well was spudded on 24th November using the Trident IV jack-up rig. The well is currently coring the reservoir section. Initial results are encouraging but require validation from the planned wireline-logging programmed which is scheduled to commence when the well reaches the Target Depth of 3,800 feet. The well will then be tested to establish well deliverability, crude oil properties and reservoir performance parameters, following which the partners will determine the timing and structure of the field’s development.

Ghana
The Cuda-1 well, which was spudded on 16th November, continues to operate in tight hole status.

Côte d’Ivoire
Gross production from the CI-11 fields and the Gas Plant have improved by an average of circa 700 boepd since Afren took over as Operator of the assets. This reflects ongoing efforts to maximise delivery from the current wells and producing intervals.

A significant subsurface, production optimization and maintenance programmed is currently underway on the CI-11 fields with the objective of safely delivering incremental production from the existing well base via wire line walkovers while establishing the potential for a successful infill drilling programmed in the second half of 2009.

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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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