By John Sanussi, in Warri
Century Energy E&P is on course of putting the Atala Marginal Field on stream; Excel E&P has now formally started to inject about 800Barrels of crude oil per day crude oil from Eremor field into the TransForcados system and sources at Millenium Oil and Gas say it has “less than” 60days to go to complete all the remaining hook up and commissioning facilities for the startup of the Oza field.
The licences to these fields were awarded by the Nigerian Government in 2003.
The Atala field is actually held by the Bayelsa Oil and Gas Company (one of the three state companies which won an asset in the 2003 marginal field round). Century is only a technical and financing partner, but its economic interest is higher than 50%. The field development project is funded by Eunisell Solutions, a service company which will realize its investment from the proceeds of the crude output.
“What remains are minor permitting issues and installation of sales line metres for evacuation purposes”, say sources familiar with the Atala field production procedures. 2,000 BOPD from two reservoirs, will be delivered into barges and ferried into an FSO for export. Offtaker is Monaco. Part of the cash flow from Atala-1 production is expected to fund the drilling of Atala-2.
Millenium’s partners on Oza field are Hardy Oil and Emerald Resources. The field’s Early Production Facility (EPF) and tie-in at SPDC’s Isimiri flowstation, Pipe laying of 27.5km of 3” inter well flowlines and 3” and 6” test and crude delivery pipelines from the Oza manifold to Isimiri flow station are all done. Well test on Oza-2 Short and Long strings gave results suggesting productions of as high as 1,500BOPD on Choke 22 (short-string) from the L9.0 sand and 10,000BOPD on Choke 20 (long-string) from the M2.1 sand. Production on both strings had low GOR (between 250scf/Bbl and 1,000scf/Bbl). Oza field’s production is the least certain of the three.