OER Updates Damaged Pipeline
Oando Energy Resources (OER) has issued an update on the damaged 10-inch Kwale-Akri oil delivery pipeline that is operated by Nigerian Agip Oil Co. Ltd. and connects OER's Ebendo Field located on OML 56 to the Brass export terminal.
Assessment efforts have revealed that the delivery line, which was damaged 150 meters from the shoreline, will require a partial replacement. Preparation activities, as well as procurement and mobilization of the required equipment, have commenced. OER anticipates the delivery line to recover full integrity in two weeks time, at which point production from the Ebendo Field (OML 56) is expected to resume.
Prior to the Kwale pipeline shut-in, OER was producing approximately 4,600 bpd from its two producing assets, the Abo Field on OML 125 and the Ebendo Field. The Abo Field produces 3,225 bpd into its FPSO and has not been affected by the pipeline disruptions. The Ebendo Field was responsible for the additional 1,400 bpd of production prior to the shut-in.
OER holds a 42.75% non-operating interest in the Ebendo Field (OML 56).
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