Asharami Energy through its subsidiary, Sahara Energy Field Limited holds a 90% equity share in OPL 286. OPL 286 is the second deep offshore asset and covers an area of 1,112km² (or 806sq.km) with water depth ranging from 190m to 1,000m. Prospective Resource in the block is about 939 MMBOE. Three (3) wells have been drilled to date including the Boi-1, Boi-2 and Ogide-1 wells. The Boi-1 discovery well in OPL 286 was the first deep-water well drilled in Nigeria. The Boi-2 and Ogide-1 wells were drilled in 2010 on the eastern half of the block by Sahara-BG JV during Phase 1 work programme. All the work program for Phase 1 were fulfilled and exceeded prior to Phase 2 approval. The block benefits from newly acquired, better imaged 3D seismic data shot in 2011. Phase 1 Commitment were fulfilled with the acquisition of 1250²km of 3D seismic and the drilling of two deep water exploration wells on the block.
Thursday 06 October 10:00 - 10:20 Stage B
Exploration Manager, Asharami Energy