London listed Afren is on course to spud Ogo-1 in Oil Prospective Lease(OPL) 310 in the Benin Basin, offshore Lagos. OPL 310 is held by Optimum Petroleum, a Nigerian E&P company. Afren is the technical and financing partner. The well is to be drilled by GSF Monitor, a jack up rig owned by Transocean, to a planned depth of 3,536 metres (or 11,600feet). The site is 24km from the Lagos coastline. Logistics will be provided by Lagos Deep Offshore Logistics, LADOL. The well location is squarely in the West African Transform Margin and the drill-bit will be probing targets of Turomanian and Cenomanian age, which are synchronous with the reservoirs targeted in deepwater Ghana, Liberia, Sierra Leone and Cote D’Ivoire.
If Ogo makes a commercial oil discovery, it will unlock a whole new hydrocarbon opportunity outside of the Niger Delta Basin.
There has been a discovery in the vicinity of the Ogo-1 well before. The field is called Aje and it has been appraised with three wells. It’s largely a gas field, whose production has been stalled.
LIKE HOW MANY BARREL ARE WE EXPECTING BOTH IN OGO & AJE