Oyo Pumps First Oil Offshore
Posted on January 5, 2010 – 7:57 pm | by oilandgaspress.com
Allied Energy and Eni, through its affiliate Nigerian Agip Exploration, have started up production from the Oyo oil field, located in the Niger Delta Deep offshore, about 75 kilometers off the Nigerian coast.
Allied Energy and Eni hold 57.5% and 40% interests, respectively, while Camac holds the remaining 2.5%. The field has the ability to initially produce at a rate of approximately 25,000 barrels of oil per day (bpd) from two subsea wells in a water depth of 400 meters, which are connected to the Armada Perdana FPSO (Floating Production Storage and Offloading facility).
The FPSO has a treatment capacity of 40,000 barrels of liquids per day, with gas treatment and re-injection facilities, and is capable of storing up to 1 million barrels of crude oil. The associated gas will be re-injected into the Oyo field reservoir by a third well, to prevent flaring and to maximize oil recovery. The Oyo project achieved first oil production less than 2 years from its sanctioning.
Tags: Camac, coast, Deep, Niger Delta, Nigerian, Offshore, Oyo field





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