By Sopuruchi Onwuka
Eland Oil & Gas has declared that its Opuama-7 production well is pushing gross production on a 48/64″ choke at 7,500 barrels per day (bpd).
The company stated that production performance from Opuama field is strong, with gross production from all three wells currently hitting 19,000 bpd.
In addition, the company continues to see the drilling of the Opuama-8 well by the OED Teamwork Rig progress.
The 16″ hole has been drilled to target depth at 3,564 ft MD/3390 ft TVD, and the 13 3/8″ casing has since been run. The rig is preparing to drill 12 ¼” hole to target depth.
George Maxwell, CEO of Eland, commented, “We are delighted to announce the higher than expected production rates from Opuama-7.
This production from Opuama-7 combined with the production from the Opuama-1 and -3 wells has resulted in Opuama recording a record production, the highest in OML 40 history, surpassing the previous high in December 1975.
Our focus on the Opuama-8 infill well and the near-term work program continues and I look forward positively to updating the market further as we, together with our partner NPDC, achieve more success on the OML 40 license which is becoming one of the largest producing assets of any E&P company on AIM.”