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Usan Infill Project

Sector: Oil and Gas • Location: Abuja, Nigeria

Source: MarketForces Africa

Project
Under Construction

The Usan Infill Project is a one billion-dollar oil development project in Oil Mining Lease (OML) 138 by ESSO Exploration and Production Nigeria, an ExxonMobil affiliate. It aims to unlock an additional 40,000 barrels of oil per day from Nigeria's deepwater assets, marking ESSO's return to deepwater drilling after almost a decade. The project is designed as a short-cycle investment to deliver firs

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The project “Usan Infill Project” is an infrastructure initiative in the Oil and Gas sector, located in Abuja, Nigeria. Taiyo aggregates data on it from MarketForces Africa.

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Participants

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under construction

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Description

Description

The Usan Infill Project is a one billion-dollar oil development project in Oil Mining Lease (OML) 138 by ESSO Exploration and Production Nigeria, an ExxonMobil affiliate. It aims to unlock an additional 40,000 barrels of oil per day from Nigeria's deepwater assets, marking ESSO's return to deepwater drilling after almost a decade. The project is designed as a short-cycle investment to deliver first oil within about six months of offshore execution, with peak production expected within 18 months. It involves advanced drilling technologies including extended-reach wells and intelligent drilling to maximize recovery and reduce costs.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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