Panoro: Aje field to produce first oil ‘shortly’ (Nigeria)

Panoro Energy, an independent oil and gas E&P company focused on West Africa, has informed that the Aje oil field offshore Nigeria is in the final stages of development operations.

According to the company’s statement on Wednesday, the final hook up procedures are in progress with a view to the wells being brought into production shortly.

The field, discovered in 1997, is located on the OML 113 license offshore Nigeria. Panoro Energy has a 6.502% interest in the licence which is operated by Yinka Folawiyo Petroleum (YFP) and is located in the extreme western part of offshore Nigeria adjacent to the Benin border.

Five wells were drilled on the Aje Field. Aje-1 and Aje-2 tested oil and gas condensate at high rates from the Turonian and Cenomanian reservoirs, and Aje-4 confirmed the productivity of these reservoirs and discovered an additional deeper Albian age reservoir. Aje-5 was drilled in 2015 as a development well for the Cenomanian oil reservoir.

The drilling and completion program for the Aje Field Cenomanian oil development was carried out with Saipem’s Scarabeo 3 drilling rig.

After completing the well operations on the field, Panoro said in November 2015 that plans for commercial production from the field were set towards the end of January 2016.

The final works on the Front Puffin floating production, storage and offloading (FPSO) vessel for the Aje field were completed and the vessel left Singapore in February heading to Nigeria. The FPSO was expected to arrive in Nigeria mid-March 2016, following a brief stop in Cape Town, and the production was expected to start by the end of March 2016.

Panoro said in February that after the arrival the FPSO would be hooked-up to the mooring system and risers and a short test of the production systems would be conducted.

According to Marine Traffic, the FPSO Front Puffin is currently located offshore Nigeria.

Offshore Energy Today Staff

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