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Oil Discovery on the Etisong Field, Offshore OML 102

Source: www.gulfoilandgas.com 12/23/2008, Location: Africa

Total announces that its Nigerian subsidiary, Total E&P Nigeria Ltd., has encountered hydrocarbons in the area within the south-eastern corner of Oil Mining License (OML) 102, offshore south-eastern Nigeria, about 15 kilometres from the Ofon Field, in a water depth of seventy metres.

OML 102 is run by the joint venture Nigerian National Petroleum Corporation (NNPC)/Total, operated by TEPNG in which Total holds a 40% interest and NNPC 60%.

The Etisong-1 well was drilled to a total depth of 2,207 metres and produced from turbiditic reservoirs over 6,000 barrels per day of oil with an API of 40° during the test.

This well constitutes the first step of an exploration and appraisal programme from 2009 to 2010 designed to demonstrate the feasibility of a new development pole on OML102, combining the Etisong main discovery and the surrounding structures. The Etisong main discovery when confirmed by further appraisal results should contribute towards helping to meet the Government’s objective of renewing national reserves.

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