Oil and gas production and development company Eland Oil & Gas’ joint-venture subsidiary Elcrest Exploration and Production Nigeria has completed sidetrack drilling at Opuama-7 in Nigeria.
The sidetrack well, drilled in the company’s OML 40 licence, has hit a total of 77ft of net oil pay.
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The company has perforated more than 60ft of the D2000 sands and plans to bring the well, which is currently being completed and hooked up, to production.
It is expected that gross production flow rates will be in line with previous guidance of 5,900 barrels of oil per day (bopd).
Eland Oil & Gas CEO George Maxwell said: “The drilling of Opuama-8 has the potential to add further material production of an initial 5,000 to 7,000bopd with strong revenues in a short timeframe. Following Opuama-8, the OML 40 JV intends to drill a further one or two infill wells on Opuama.
“Together with our partner NPDC, the company has tripled production from Opuama in the last 18 months and following a successful Opuama-7 and infill campaign is expected to double production again by the end of Q1 2018.”
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By GlobalDataThe company intends to perforate the D1000 sands at a later date in future to maintain the production rate.
Following the positive results of the Opuama-7 sidetrack, the company is accelerating its plans for infill drilling on the Opuama Field, as well as for production growth.
The rig is set to be mobilised to the Opuama-8 drill site, where production is expected to be between 5,000 and 7,000bopd.
