Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Heritage: OML 30 Back Producing over 35,000 bopd

change text size

Heritage Oil reported Wednesday its OML 30 concession in Nigeria is back to producing more than 35,000 barrels of oil per day (bopd) now that the firm has resolved the problems that affected production during the first quarter.

Heritage said that work is underway that has the objective of optimizing existing facilities, including gas lift, which will enable production rates to increase further during the remainder of the year. The firm expects 2013 gross production from the OML 30 fields will average 35,000 bopd.

In the long term, Heritage is targeting a significant increase in production to 300,000 bopd and the firm plans to drill new wells in the second half of 2014. Infrastructure is in place that has a capacity to handle 395,000 barrels per day.

Heritage CEO Tony Buckingham commented in a statement:

"We are delighted that production levels are back over 35,000 bopd gross for the licence and that the issues encountered earlier in the year have been resolved. The work schedule is progressing in line with our update last month and we are on track to meet our production target for the full year."

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Jurong Shipyard Bags MODEC's FPSO Cont... (Oct 20)
 -  Santos' 3Q 2014 Sales Revenue Up 4% to... (Oct 17)
 -  Vollgrav South Well Comes Up Dry (Oct 17)
 -  Petrofac Enjoys Most Successful Year f... (Oct 17)
 -  Woodside Posts 46.4% Increase in Sales... (Oct 16)
Most Popular Articles
From the Career Center
Jobs that may interest you
Senior Product Engineer
Expertise: Production Engineering
Location: Houston, TX
 
Senior Subsea Engineer
Expertise: Subsea Engineering
Location: Houston, TX
 
Reservoir Engineer
Expertise: Petroleum Engineering, Reservoir Engineering
Location: Houston, TX
 
search for more jobs