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Eland’s well results exceed expectations in Nigeria

Nigeria news
Nigeria news

Eland Oil and Gas has completed the perforation of two new intervals in the Opuama 3 well in Nigeria and increased production from the two strings.

Eland’s joint-venture subsidiary Elcrest Exploration and Production Nigeria, have flow-tested the long and short strings with strong results, the company said.

Both strings were produced to a storage barge and flow rate tested.

Eland added that it expects the re-opening of the Forcados terminal within a month and plans to recommence production from the Opuama flow station.

Chief executive George Maxwell, said: “The results are beyond the high end of our previously announced expected range of 2,000-4,000 incremental gross barrels of oil produced per day.

“The two newly-perforated reservoirs have proven to be highly productive.

“The initial combined flow rate from Opuama-3 well of 10,584 barrels of oil per day will move on normalised production, but will still be well in excess of our previous forecast.”

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