Nigeria sanctions Ororo environmental studies ahead of drilling campaign

Nigerian government has approved an Environmental Baseline Studies (EBS) for the Ororo marginal field, which covers the drilling of three additional wells. 

The Ororo field, discovered in 1986, is located within OML 95 in shallow waters offshore Ondo State. The field lies in water depths ranging between 23ft and 27 ft.

Sirius Petroleum, an investment company focused on oil and gas opportunities in Nigeria, acts as a technical and financing partner in the development of the Ororo field. Guarantee Petroleum has a 55% participating equity interest in the field and Owena Oil & Gas has the remaining 45% interest.

Sirius informed on Tuesday that Guarantee Petroleum has received the EBS revalidation from the country’s Department of Petroleum Resources (DPR).

The company had submitted the studies to the government department on September 27, 2017, as part of the prerequisites for the Ororo drilling campaign. Following review of the report, the DPR has approved the EBS for the Ororo marginal field which covers the drilling of three additional wells to appraise the field as part of the eventual development activities.

Sirius and its partners will maintain the required environmental management plan and environmental audits in accordance with DPR regulations, the company stated.

Sirius expects to drill the Ororo-2 well in the first quarter of 2018 and access the contingent oil and gas resources in the Ororo field with an early production scheme through an extended well test generating an initial estimated rate of approximately 2,700 bopd. The rig has already been secured.

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply