Mobil’s Erha North and Total’s Egina, are set to add 350,000 barrels of oil per day to Nigeria’s crude oil production
Nigeria’s crude oil production is expected to hit an all-time high of 2.75 million barrels per day (mbpd) as two major deepwater projects, Mobil’s Erha North and Total’s Egina, are set to add 350,000 barrels of oil per day to current output levels.
Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, said the Egina and Erha North projects, with combined reserve base of over 900 million barrels of oil, when completed between 2015 and 2016, would deliver additional 350,000 barrels of oil per day to the Nigeria’s current output of 2.4mbpd
“The Egina field is a newly built Floating Production Storage and Offloading, (FPSO) development with over 560 million barrels of oil reserve, while Erha North field is a tie-back to existing Erha Main Field FPSO built and inaugurated since 2005 with a combined reserve base of over 900 million barrels of oil. Expectation is that both projects when completed in 2015 to 2016 timeframe will deliver additional 350 Kbopd, ” she said