Nigeria: Otakikpo field on schedule for target production

Africa-focused oil and gas company Lekoil has increased its current production at the Otakikpo field in oil mining lease (OML) 11 off Nigeria.

The Otakikpo field is adjacent to the shoreline in the south-eastern part of the Niger Delta. Production in the OML 11 is jointly developed by Green Energy International as the operator and Lekoil as a technical and financial partner.

Since starting production in February 2017 at an initial rate of 5,000 bopd, production has averaged approximately 5,500 bopd through July 31, 2017.

Lekoil said on Thursday that the production at Otakikpo was raised to approximately 7,000 bopd.

The company added that it continued to focus on ramping up to phase one target production of 10,000 bopd, which Lekoil still targets around year-end 2017.

It is worth reminding that Lekoil received payment for its first oil cargo lifted from the Otakikpo field in June.

The first cargo from the Aisla Craig floating storage and offloading unit was sold in May to a subsidiary of Shell. At the time, Lekoil said that 120,000 barrels of gross production had been lifted.

Offshore Energy Today Staff

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