Nigeria: TotalEnergies Makes Oil And Gasoline Discovery In Offshore OML 102

TotalEnergies introduced Tuesday the Ntokon oil and fuel discovery on OML102 offshore Nigeria.

Situated in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery effectively encountered 38 meters of internet oil pay and 15 meters of internet fuel pay, whereas its side-track Ntokon-1G1 encountered 73 meters of internet oil pay, in well-developed and glorious high quality reservoirs. Ntokon-1G1 examined efficiently as much as a most charge of about 5,000 barrels per day of 40° API oil.

Situated 20 km from the Ofon area amenities on OML102, Ntokon is deliberate to be developed by a tie-back to those present amenities.

“The Ntokon discovery opens a promising outlook for a brand new tie-back improvement’’, stated Nicolas Terraz, President, Exploration & Manufacturing at TotalEnergies. “After the start-up of manufacturing of the Ikike tie-back on OML99 in 2022, this new success within the space additional demonstrates the potential of close by exploration to create worth inside our low value, low emission technique”.

OML 102 is operated by TotalEnergies EP Nigeria with a 40% curiosity, alongside associate NNPC Ltd with the remaining 60%.