Nigeria License Areas

Offshore license areas

Okwok

Okwok is located approximately 45 km off the Nigeria coast, due south of Calabar, in water depths ranging between 35 m and 50 m. Okwok lies within ExxonMobil’s licence area OML67, immediately to the south of OML123, and covers an area of 22,500 acres (91 km²).

Field activities

Field discovered in 1967 and partially appraised in 1968 by Mobil
Two further wells were drilled in the field, the most recent in 1993, however neither well was production tested
Two 3D seismic surveys were acquired over the field (the most recent which was in 2004)
Three wells and a sidetrack well drilled by Addax Petroleum in 2006. Two wells were flow tested; the first well test produced at a rate of 400 bbl/d of light 32° API oil; however, the true flow potential of the well was not reached because of sand control problems. The second well test produced at a rate of 1,220 bbl/d of medium 26° API oil. Both wells are currently suspended for potential tie-back to production

Facilities & Production

Addax Petroleum believes that there may be significant synergies for the Okwok Property and OML 123 as the commercial development of the Okwok Property would likely use production, storage and offloading facilities on the OML123 FPSO, located approximately 12 km to the north.

There has been no production to date on the Okwok Property, however, the Addax Petroleum is continuing to review development plans.

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