Oando Energy Resources has completed the Umugini Pipeline.
The African exploration firm finished the 51 km long pipeline which will provide an alternative route for crude oil produced from the Ebendo Field.
Following the drilling of Ebendo wells 5,6 and 7, oil production within OML has grown to 7,140boepd gross for OER and Energia Limited the operator of the asset (3,052boepd net to OER).
The completion and commencement of operations on the Umugini pipeline ensures that the Ebendo field can now produce at its full capacity.
Pade Durotoye, chief executive, said: “The completion of the Umugini pipeline now allows us to maximize the value of our investments to date on the asset and provides the latitude for further profitable development of prospects and resources identified in Ebendo.”
Ebendo is located onshore, in the central Niger Delta approximately 100 km north-west of Port Harcourt and covers an area of 65 km2 (16,062 acres). The License includes two fields, Ebendo (producing) and the Obodeti field (undeveloped). Oando Energy Resources holds a 42.75% working interest on the field.
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