By Yemisi Izuora-Lagos
Total today announced that it has completed the flare out of the Ofon field on Oil Mining Lease 102, offshore Nigeria.
The company said that associated gas from the field is now being compressed, evacuated to shore and monetized via LNG exports.
The field is located some 40 miles from the Nigerian coast in water depths of 130 feet. It began production in 1997 and is currently producing 25,000 barrels of oil equivalent per day.
Total said the completion of the flare out will allow for the gradual increase of production towards its 90,000 barrels of oil equivalent per day production target via the monetization of around 100 million cubic feet of gas per day as well as the drilling of additional wells in 2015.
Guy Maurice, Total Exploration & Production’ senior vice president for Africa, commented in a company statement, saying,”The flare out of the Ofon field illustrates our commitment to developing oil and gas resources around our existing hubs in Nigeria.
This important milestone of the Phase 2 of the Ofon project was achieved in a context of high levels of local content.
The flare out on Ofon is also significant for Total’s environmental targets, representing a 10-percent reduction in the group’s E&P flaring.
This achievement is a clear demonstration of Total’s commitment to the Global Gas Flaring Reduction Partnership promoted by the World Bank.”
Total E&P Nigeria operates OML 102 with a 40-percent interest, alongside the Nigerian National Petroleum Corporation (60 percent).