Total makes new oil discovery

A subsidiary of Total Plc, ELF Petroleum Nigeria Limited, has discovered a fresh hydrocarbon resources in 222 offshore in Usan field, Niger Delta.

Total released a statement stating that “the well would produce 5 800 barrels of oil or more per day under a restricted flow conditions”, reported Nigerian Guardian.

The company further described the well as a discovery that possesses a “high potentials” for crude oil in Nigeria and it will boost the national oil reserve and production.

According to reports, the well was drilled at about 110 kilometres offshore in water depths of approximately 850 metres offshore Nigeria. It is the fifth successful appraisal well on the Usan field, which was discovered in 2002.

Total is the fourth largest oil and gas company in the world with operations in more than 130 countries.

Help keep Oyibos OnLine independent. If you value our services any contribution towards our costs will be greatly appreciated.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.