By Hector Igbikiowubo
TOTAL announces that its subsidiary, Total Exploration & Production Nigeria Ltd, has discovered hydrocarbons in the southern portion of the Oil Prospecting License (OPL) 223 deepwater offshore South-Eastern Nigeria.
The company has also committed to promoting the development of local communities through its activities and has actively encouraged its contractors to use Nigerian resources wherever possible, over and above local regulations.
this was contained in a statement released at the weekend by Fred Ohwahwa, the companyâ€™s spokesman in Nigeria.
The Owowo South B-1 well was drilled in a water depth of 670 metres and is located 20 kilometres East of the Usan field, currently under development.
The well reached a total measured depth of 2,227 metres and discovered several oil bearing reservoirs with a fluid qualified as light oil according to shows during drilling and from logging data.
Under the production sharing contract governing the OPL 223, Nigerian National Petroleum Corporation (NNPC) is concessionaire of the license, which in turn is operated by Total Exploration & Production Nigeria Ltd (18%) in partnership with its co-venturers: Chevron Nigeria Deepwater F Ltd (27%), Esso Exploration and Production Nigeria (Upstream) Ltd (27%), Nexen Petroleum Exploration & Production Nigeria Ltd (18%) and Nigerian Petroleum Development Company (NPDC) Ltd (10%).
Commits to local communities
Hydrocarbon production at the Akpo project started in 2009 and Total displayed its expertise to ensure sustainable development of the countryâ€™s energy resources in the deep offshore.
The project has since generated more than 11 million man-hours in Nigeria and will generate an overall total of 15 million man-hours in Nigeria by the time it is completed.
The statement disclosed that the Usan project will follow suit with approximately 60% of man-hours planned in Nigeria. The basic engineering studies for the Egina field on Oil Mining Lease (OML) 130 will be performed in Nigeria.
The group will continue to develop the expertise of Nigerian companies in deep offshore project-related work.
This is particularly the case in the Niger Delta region, from which more than half of Totalâ€™s Nigerian employees originate and where the majority of the groupâ€™s operations in the country are located.
Total Exploration & Production Nigeria
Total has been operating in exploration and production in Nigeria for close to 50 years. Totalâ€™s operated production in Nigeria comes from the OML 58, 99, 100 and 102 blocks as part of a joint venture with NNPC. The main fields are Obagi, Obite, Amenam-Kpono, Ofon and Odudu. Total also operates block OML 130, which contains the Akpo deep water development that started production in March.
Total has other significant equity production in Nigeria from its interests in non-operated ventures, particularly the SPDC joint venture (10%) and SNEPCO (12.5%), which includes the Bonga field. Total also holds a 15% interest in NLNG with a current LNG production capacity of 21.9 million metric tons per year.
Developing the countryâ€™s deep offshore resources is one of the Groupâ€™s main growth drivers in Africa. The development of the OML 138 Usan field, Totalâ€™s second development in deep offshore Nigeria, was launched in early 2008 and the field is expected to come on stream in 2012. Near Akpo in the OML 130, the Egina field whose basic engineering studies are underway, will be Totalâ€™s third deep offshore development in Nigeria.
In 2008 the Groupâ€™s production in Africa amounted to 783,000 barrels of oil equivalent per day representing 33% of the Groupâ€™s overall production. In addition to Nigeria, Total also produces in Algeria, Libya, Cameroon, Gabon, the Republic of Congo and Angola.