Nigeria: TotalEnergies Makes Oil and Gas Discovery in Offshore OML 102
13 Junho 2023 - 5:34AM
Business Wire
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the
Ntokon oil and gas discovery on OML102 offshore Nigeria.
Located in shallow waters, 60 km off the southeast coast of
Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net
oil pay and 15 meters of net gas pay, while its side-track
Ntokon-1G1 encountered 73 meters of net oil pay, in well-developed
and excellent quality reservoirs. Ntokon-1G1 tested successfully up
to a maximum rate of about 5,000 barrels per day of 40° API
oil.
Located 20 km from the Ofon field facilities on OML102, Ntokon
is planned to be developed through a tie-back to these existing
facilities.
“The Ntokon discovery opens a promising outlook for a new
tie-back development’’, said Nicolas Terraz, President,
Exploration & Production at TotalEnergies. “After the
start-up of production of the Ikike tie-back on OML99 in 2022, this
new success in the area further demonstrates the potential of
nearby exploration to create value within our low cost, low
emission strategy”.
OML 102 is operated by TotalEnergies EP Nigeria with a 40%
interest, alongside partner NNPC Ltd with the remaining 60%.
***
About TotalEnergies TotalEnergies is a global
multi-energy company that produces and markets energies: oil and
biofuels, natural gas and green gases, renewables and electricity.
Our more than 100,000 employees are committed to energy that is
ever more affordable, cleaner, more reliable and accessible to as
many people as possible. Active in nearly 130 countries,
TotalEnergies puts sustainable development in all its dimensions at
the heart of its projects and operations to contribute to the
well-being of people.
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