Project Profile
Value: US$150 Million
Location: OPL 917, OPL 907, Anambra Basin, Nigeria
Reserves: OPL 917-300 Bcf and 80 mmbbl oil, OPL 907 - 10 tcf of gas
Area: OPL 907 - 2,284.50 km2
Startup Year: 2015
OPL 917 contains the Igbariam gas and oil discovery, with estimated in place gas volumes up to 300 Bcf and oil in place up to 80 mmbbl. The licence is located in the Anambra Basin, the second most prospective basin in Nigeria.
OPL 907 is located onshore Nigeria within the highly prospective Anambra Basin, which holds an estimated gas potential in the region of 10 tcf. The license covers an area of 2,284.50 km2 and contains the Akukwa gas discovery, which has estimated in place volumes of 400 bcf with potential for a significant upside. AGER, an associate company of GEC operates the asset and controls a 41% working interest.
Six wells have so far been drilled in the block, including four shallow dry wells by Shell in 1938 – 1939, and two successful wells – Akukwa-1 and Akukwa-2, drilled by Shell/BP in 1955 and 1956 respectively. The Akukwa-1 discovered gas and condensate in Cretaceous sandstones, while the Akukwa-2 appraisal well intersected approximately 150m net gas pay and produced dry gas on test. The two wells make up the Akukwa field located within in Ugwuoba community of Enugu State.
Operators:
Afren Plc.
VP Energy