MX Oil's Aje limited

Production from the Aje field offshore Nigeria continues to be limited by the performance of the Aje-5 well which, as previously reported, requires subsurface intervention to remedy a mechanical problem, MX Oil said.

In addition, the availability of gas lift on the FPSO to optimize production rates has been restricted which will affect production in Q4, however, this system is planned to be operational again in the near future. Meanwhile, the Aje-4 well has been producing in line with expectations.

Preparations for the Aje-5 intervention program have started with procurement of long lead items and rig contracting. The intervention is scheduled to be undertaken at the end of 2016 to remedy mechanical issues with the completion of the well. Going forward, MX Oil expects that the Aje Field will be producing regularly at target rates of 7000-9000 b/d once the Aje-5 well is successfully brought back on line, which is anticipated to be in early 2017.

The Aje gas development project, which involves the production and sale of gas and liquids from the 163 MMboe Turonian reservoir, is moving through concept definition towards a field development plan and detailed plans for project approval are expected to be submitted during 1H 2017.

Read more:

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Image: Aje Field map/Panoro Energy

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