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Nigeria discovers new 28 Bcm of gas, 60mn barrels of condensate

Nigeria has discovered approximately 28 Bcm of gas and 60 million barrels of condensate.

A statement from Eni yesterday said, “the discovery contains approximately 28 Bcm of gas and 60 million barrels of condensate, and the gas from this discovery will largely be channeled to the domestic market in order to feed the power sector.”

The gas from this discovery will be processed at the Eni-operated Ob-Ob plant, and then sent to the 500-MW Kwale Okpai power plant in Delta state, which is Nigeria’s first independent power plant. Upgrade for the Okpai plant is underway which will double its capacity to 1 GW is currentlyunderway.

Oil major Eni has started gas and condensate production at the Obiafu-41 discovery in Nigeria’s Niger Delta, just three weeks after well completion, it said yesterday.

Production will reach a capacity of about three million cu m/d of gas and 3,000 b/d of condensate, Eni said in a statement, adding that the gas from this block will be used for domestic consumption.

Eni’s affiliate company NAOC — in which it holds a 20 per cent  operating stake alongside state-owned NNPC (60 per cent) and Oando (20 per cent) — made this find in the deeper sequences of the Obiafu-Obrikom fields with the Obiafu-41 deep well, in OML61 onshore Niger Delta.

Eni’s equity gas production in Nigeria last year was some 92 Bcf (2.6 Bcm), according to the company’s website, or around five per centof the country’s total gas output.

In Nigeria, approximately 30 per cent of Eni’s gas production is supplied to the domestic market.

SOURCE: Blueprint