Project Profile

Location: Niger Delta province, Nigeria, Africa
Water depth: 40 to 80 m
Area: 1530 sq. km
Exploration start-up: 1972

The OPL 226 License is located in the Niger Delta province, offshore Nigeria, and has an area of 1530 sq. km and is located in water depths ranging from 40 to 80 m. Historically, only five wells have been drilled on OPL 226 by previous operators including: Noa-1 drilled by Solgas in 2001 was an oil and gas discovery; Oyoma-1 (1972) was an oil and gas discovery; Dubagbene-1 (1972) was an oil discovery; Nduri-1 (1973) was a gas discovery; and HJ South-1 (1987) was a gas discovery. The Noa-1 discovery well, drilled in 2001, encountered fine to medium-grained sandstones of the Agbada Formation in the footwall block that is trapped by a counter-regional (antithetic) fault. The Noa-1 discovery well encountered a thick sand in the 6100’ stratigraphic zone that has 7.0 m of gas net pay and 18.7 m of oil net pay. Three additional gas-bearing sands (3600’, 4900’, 5500’ sands) were also encountered (uphole) in the Noa- 1 well.

Operator:

Essar Exploration and Production Nigeria: Operator with 100% interest