Lekoil starts 3D shoot off Nigeria

March 27, 2014

Nigeria-based Lekoil provided an update on activities in oil prospecting license (OPL) 310 offshore Nigeria. OPL 310 contains the Ogo discovery announced last year.

The Polarcus vessel MV Polarcus Nadia has started the 3D seismic program, designed by the partners in OPL 310—Lekoil, Afren plc and Optimum Petroleum Development Ltd. —located adjacent to the Lagos shoreline. The 3D program will cover an area of about 1505sq km, representing about 80% of the acreage within OPL 310.

Current 3D data cover about 20% of OPL 310 and were used, along with 2D seismic data and electromagnetic data, to define prospectively before drilling the Ogo‐1 well and Ogo‐1 sidetrack in 2H 2013. The partners anticipate that the new acquisition will be completed in 2Q 2014.

Following completion of the 3D acquisition, processing and evaluation, the partners will use the data to high-grade and de‐risk opportunities in the OPL 310 acreage surrounding the Ogo discovery. The partners intend to drill an appraisal well on Ogo in the 2H 2014, ahead of development planning.

Lekan Akinyanmi, Lekoil’s CEO said: “The survey will cover almost the whole of OPL 310, including the provision of better resolution on the area covered by the original 3D over 15 years ago. The survey will provide key data that will enable us to refine and de-risk the other prospects in the block that were identified by dated regional 2D. It will also provide valuable reservoir characterization and definition information. This is the first phase of an active program in 2014 that will culminate in an appraisal well later in the year. We are excited about the potential of the licensee and look forward to the results of the data acquisition.”



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