Early Start-Up Experienced By Erha North Phase 2

The Erha North Phase 2 Project, a deepwater subsea development located 60 miles offshore four miles north of the Erha field, in 3,300 feet of water saw its oil flow ahead of schedule. The field been operated by Esso Exploration and Production Nigeria, a local unit of American Oil Giant, ExxonMobil, as reported by Petroleum Africa.

The Erha North Phase 2 project includes seven wells from three drill centers tied back to the existing Erha North FPSO, reducing additional infrastructure requirements.

The project is estimated to develop an additional 165 million barrels from the currently producing Erha North field. Peak production from the expansion is currently estimated at 65,000 bpd of crude and will increase total Erha North field production to approximately 90,000 bpd.

Neil .W. Duffin, president of ExxonMobil Development Company, said that “executing successful projects such as Erha North Phase 2 ahead of schedule and under budget results from ExxonMobil’s disciplined project management approach and expertise”.

“We are able to create additional shareholder value by optimizing existing infrastructure, which reduces capital spending requirements and improves capital efficiency”, he further added.

 

Strong performance from Nigerian contractors, which accounted for more than $2 billion of project investment for goods and services, including subsea equipment, facilities and offshore installation supported the ahead of schedule start up. “These contracts are bringing direct and indirect benefits to the Nigerian economy through project spending and employment, consistent with project objectives” Duffin disclosed.