Nigdel is the Operator of OPL 233 under a subsisting Production Sharing Contract (PSC) agreement with the Nigerian National Petroleum Corporation (NNPC). OPL 233 covers about 126 square kilometres and is located within the transition zone and shallow offshore environment of the Niger Delta, in Southern Ijaw Local Government Area of Bayelsa State Nigeria.
OPL 233 is adjacent to the giant Chevron operated Apoi-Funiwa (OML 86) field with an estimated discovery of over 600 mmboe (one of the largest shallow water discoveries in Nigeria), Middleton (OML 88) and also besides Ango-1 discovery well operated by Conoil under its OML 59 concession.
The asset was first licensed to Shell Petroleum Development Company of Nigeria (SPDC) in the late 1960’s who acquired 2D seismic data on the block in 1972, 1985, 1988 and 1993; and drilled Olobia-1 oil and gas discovery well. The net oil pay of Olobia-1 well is about 124ft.
The ongoing 3D seismic survey when completed, will further enhance both qualitative and quantitative analysis to adequately estimate the potential for hydrocarbons and minimize risks and uncertainties.
Completed reprocessing and interpretation of existing 2D seismic and well data.
Completed feasibility study of an extended well test.
Environmental Impact Assessment
Completed Sea Bed Hazard survey.
Commenced 3D-2C Ocean Bottom Cable (OBC) Seismic survey