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New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources - Politics - Nairaland

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New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Blue3k(m): 5:00pm On Aug 08, 2019
The Ebok field handed over to Oriental Energy Resources Limited in 2007, has discovered a new oil well. The company disclosed this in a statement and described the discovery as a major booster to Nigeria’s oil production.

The indigenous exploration company said the discovery was made in two deep prospects that were identified during extensive subsurface studies in its offshore Ebok field. The Ebok Filed was first discovered by Mobil Producing Nigeria Unlimited in 1968.

The well has been renamed Ebok-45. It was previously called EDN-1 before the drilling. Oriental Energy Resources Limited came in possession of the Ebok field after acquisition from Mobil. It is located in Oil Mining Lease 67 approximately 55 kilometres from Akwa Ibom.

According to a report, drilling on the field began in the first quarter of 2019 on the North Fault Block of the Ebok field. The drilling started as an assessment to test the hydrocarbon potential of the deeper stratigraphic levels in the Ebok field. It was drilled in water depth of 145 feet and reached a total measured depth of 9,167 feet.

It was disclosed that 170 feet of gross oil pay were uncovered in two reservoirs with further upside, while wireline logging combined with pressure and sampling confirmed excellent reservoir and fluid characteristics from both horizons.

Speaking on the oil discovery, the Executive Chairman of Oriental Energy Resources, Muhammadu Indimi, said: “I am extremely pleased with the results of the appraisal well and I am looking forward to the early development of this new discovery.”

Also speaking on behalf of the company, the Managing Director, Ignatius Ifedayo, added:  “We are delighted to report the successful appraisal drilling programme in Ebok Deep and it serves as a great boost to Oriental Energy’s vision to grow its reserves base and production in Nigeria.

“This is also in line with the nation’s quest to increase its reserves base. This is the first significant new oil discovery by Oriental Energy Resources inside its existing development area.

“With its three assets – Ebok, Okwok and OML 115, the indigenous exploration and production company is working to maintain production through strategic reservoir and wells management, optimisation of topsides as well as development of new reserves.”

Why this matters: Oriental Energy revealed that its production had risen to 35,000 barrels of oil per day. This new oil location will, therefore, increase Nigeria’s output among oil  producing countries globally.

Source: https://nairametrics.com/2019/08/04/firm-discovers-new-oil-well-in-akwa-ibom/


L

1 Like

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Blue3k(m): 5:36pm On Aug 08, 2019
The company disclosed this in a statement and described the discovery as a major booster to Nigeria’s oil production.

This is the second discovery I've read about this year in the state. The other one was on shore. More jobs and revenue for state in the future.

27 Likes 1 Share

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by AntiBalaka: 5:50pm On Aug 08, 2019
More money for Zahra Indimi

36 Likes 4 Shares

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Blue3k(m): 6:13pm On Aug 08, 2019
AntiBalaka:
[s][/s]

Osun parasite

Lol you're following every post I make now? What a lonely loser you are.

11 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Ogbekay: 7:46pm On Aug 08, 2019
smiley
Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Biritiko: 7:46pm On Aug 08, 2019
igbos will soon storm here to start claiming Niger Delta oil

19 Likes 2 Shares

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Biritiko: 7:47pm On Aug 08, 2019
AntiBalaka:
[s][/s]

Osun parasite
Wailinng wailer from kerosene republic spotted at close range

17 Likes 2 Shares

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by LibertyRep: 7:47pm On Aug 08, 2019
Something they have been looking for endlessly in the Chad Basin.

If u no get, u no get.
Reminds me of how boys dey apply methylated spirit for face and chin to grow bear bear

62 Likes 4 Shares

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Bamangan: 7:48pm On Aug 08, 2019
More money for the people wey get Nigeria

3 Likes 1 Share

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by PennywysCares(m): 7:48pm On Aug 08, 2019
Akwa Ibom isongooo

Akwa Ibom have been recognized as the highest oil and gas producing state in the Nigerian federation

Meanwhile, I have a sister who is a graduate of petroleum engineering with upper credit from the University of Port Harcourt. She graduated since 2015 till now no job for her, she is very intelligent lady. Please anyone with employment opportunity should alert me.

1 Like 1 Share

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by NOL2dworld(m): 7:49pm On Aug 08, 2019
Oil block in Akwa ibom cool grin
Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by otokx(m): 7:49pm On Aug 08, 2019
What has been seen cannot be unseen.

2 Likes 1 Share

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Inflammatory: 7:50pm On Aug 08, 2019
Blue3k:


Lol you're following every post I make now? What a lonely loser you are.
Haha...too much now.
Lonely is a enough u con add loser join. Don't u know suicide is common in the society now? Don't be a conspirator

3 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Iamgrey5(m): 7:50pm On Aug 08, 2019
What is the estimated reserve

1 think our current estimated reserve is 30 billion plus

At 2 to 3 million barrels per day should be exhausted in 50 years

2 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Anijay1212(m): 7:50pm On Aug 08, 2019
A

1 Like 1 Share

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by fa4dmike(m): 7:50pm On Aug 08, 2019
Na wa oooo

2 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by MrImole: 7:51pm On Aug 08, 2019
Owo deeeeeee
Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by piippa(m): 7:51pm On Aug 08, 2019
That's a northerner running the oil well in Akwa Ibom and you expect restructuring? They will do whatever to make sure there is no restructuring.

15 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by thisnaijaguy: 7:51pm On Aug 08, 2019
Discovered oil OR well ? Which one?

3 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Busch: 7:51pm On Aug 08, 2019
more money for the north.

2 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Nobody: 7:52pm On Aug 08, 2019
cheesy
AntiBalaka:
More money for Zahra Indimi
Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by MyGeneration(m): 7:52pm On Aug 08, 2019
Mad people just full this thread

2 Likes

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by gurujoe(m): 7:53pm On Aug 08, 2019
Any development from oil exploration in sambinsa forest by bubu

1 Like

Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by Amuocha: 7:55pm On Aug 08, 2019
Fulani wont like this
Re: New Oil Well In Akwa Ibom Discovered By Oriental Energy Resources by YorubaKing: 7:56pm On Aug 08, 2019
cool

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