Bonga -70, the latest well finalised in the ongoing multi-well drilling campaign on the Bonga field by UK major Shell, is a disappointing dry hole.
The probe was an exploration effort, drilled to test a turbidite lobe in the Bonga Main.
The Bonga field has various satellites, including Bonga North, Bonga North West and Bonga South West. The Bonga Main is, as the name implies, the main field. (The Bonga North West, Bonga North and Bonga South West are developed/to be developed, separately).
The Bonga structure has been one of the most durable of the eight deepwater fields that have come on stream in Nigeria since 2003. The field has delivered over 900Million barrels of oil from first production in 2005 to the end of 2021. In that time, the initial field development had been expanded with further drilling of wells in Bonga Main Phases 2 and 3 and through a subsea tie-back that unlocked the Bonga North West in August 2014. The final investment decision has not been taken for Bonga South West.
Bonga field, currently the third highest producing deepwater field in Nigeria is….