Erin Energy Announces Production Start-Up at Oyo-7 Well Offshore Nigeria

Erin Energy announced Thursday that production has commenced from its Oyo-7 well, located in OML 120 offshore Nigeria.

The well was drilled to a total depth of approximately 8,000 feet and Erin expects Oyo-7 to produce around 7,000 barrels of oil per day, following optimization of choke size. Oyo-7 targeted the Pliocene formation, from which it is now producing, and successfully confirmed hydrocarbon in the well’s Miocene formation, which was previously undrilled on the block.

Segun Omidele, Senior Vice-President of Exploration and Production for Erin Energy, commented in a company statement:

"We are pleased that the well is performing in-line with our expectations and we will be working over the next few days to optimize the flow rate. Bringing this well on production will double our current production rate out of the Oyo field and is a significant step in the continued growth of our company."

Erin Energy is the operator of the Oyo field and has a 100% interest in the block. The company has a planned Miocene exploration program beginning in 4Q 2015, which is targeting recoverable P50 resources of nearly 3 billion barrels of oil equivalent.

Have a news tip? Share it with Rigzone!


Click on the button below to add a comment.
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.


Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Aberdeen Firm to Hire More Staff in 20... (Mar 30)
 -  CGG, KGOC Teams to Work Together on In... (Mar 30)
 -  Aker Solutions Reduces Total Headcount... (Mar 30)
 -  First Workers Complete New Industry Tr... (Mar 29)
 -  Mexico, UK Strengthen Ties with 5-Day ... (Mar 29)

Most Popular Articles

From the Career Center
Jobs that may interest you
Lease Operator
Expertise: Production Operator
Location: Carlsbad, NM
Expertise: Toolpusher
Location: Weston
Expertise: Toolpusher
Location: Bradford
search for more jobs

Brent Crude Oil : $52.42/BBL 2.12%
Light Crude Oil : $49.51/BBL 2.35%
Natural Gas : $3.17/MMBtu 2.25%
Updated in last 24 hours