Project Profile
Location:
Value: US$250 Million
Production: 1,000 bpd
Start-up Year: February 2015
The discovery well Uquo -1 was drilled in 1958 by Shell and tested both oil and gas in more than nine separate reservoir intervals. Three further wells have been drilled (Uquo 2 – 4) which resulted in the discovery of three separate hydrocarbon structures, of which a total of 15 hydrocarbon-bearing reservoir accumulations exist. Of the discoveries, ten have been evaluated as gas bearing, two are proven oil bearing formations and a further three have been evaluated as being probably oil bearing. The Uquo field is planned to produce through ExxonMobil's Qua Iboe terminal some 8 km to the south.
The gas will be transported to Ikot Absi through a 56km pipeline.
Operator:
Frontier Oil: 60% interest
Savannah Petroleum: 40% interest
Contractors:
Penspen and Crestech: Project management consultancy (PMC) contract