Operators of the Oza-1 oil field has announced commencement of activities for immediate oil production from the asset.
Decklar Resources Inc and its co-venturer Millenium Oil & Gas Company Limited in an information said that activities for the Oza-1 well re-entry at the Oza Oil Field have made significant progress.
The Oza-1 re-entry represents the start of an aggressive field development of the Oza Oil Field through the Company’s wholly-owned Nigeria-based subsidiary, Decklar Petroleum Limited, and Millenium, its Nigerian co-venturer on the Oza Field.
Decklar has contracted a 1300 HP trailer-mounted drilling rig that is currently located in Port Harcourt, approximately 60 km from the Oza Oil Field in the Niger Delta.
The drilling rig will be used for the re-entry and testing of the Oza-1 well, then immediately followed by the drilling of a horizontal development well from the Oza-1 drilling pad.
Drilling of additional development wells is planned after completion and analysis of the re-entry and horizontal wells at the Oza-1 location.
It is anticipated that the drilling rig will commence its mobilization to the Oza Field next week, with the move expected to take approximately seven days.
Further, the camp to house the personnel engaged to provide support for operations and related logistics facilities is currently being moved and set up at the Oza Oil Field. Additionally, equipment and supplies with longer lead times that are needed to test and complete the Oza-1 well as part of the re-entry activities have been ordered, secured, and are expected to arrive in Nigeria over the next two to five weeks. Service contractors have been sourced and contracted for the near-term operational activities.
Decklar’s CEO, Duncan Blount commented, “We are pleased with the progress being made and look forward with anticipation to the commencement of Oza-1 re-entry operations, testing, completion, and initial production at the Oza Field.
These initial operations at the Oza Oil Field represent a milestone culminating from considerable effort and preparation for the initial development activities at the Oza Oil Field with Millenium.”