By Chike Onwuegbuchi
Atlas Petroleum, one of the country\u2019s pioneer marginal oilfield operators,says it has resumed \u2018workover\u2019 activities and well interventions on its Ejulebe marginal field, on OML 109 in the Niger Delta area,the company has said,july 7,2020.
OML 109 comprises 14 identified and mapped prospects and leads, and an \u201cun-risked\u201d resource potential estimated in excess of 500 million barrels of oil equivalent.
Its low cost operating environment in shallow water and proximity to existing oil and gas infrastructure such as the Escravos Terminal makes it one of the most attractive assets in the Niger Delta, according to Atlas Petroleum.
\u201cThe renewed development of OML109 will bring a boost to local content development in Nigeria, and support the industry\u2019s recovery following the Covid-19 crisis.
\u201cAs Nigeria multiplies efforts to build domestic capacity and develop the Nigerian content, we intend to live up to expectations as one of the country\u2019s major indigenous player\u201d, said Prince Arthur Eze, Executive Chairman of Atlas Oranto.
\u201cWe expect the ongoing wells interventions on OML 109 to deliver quick wins on the recovery and enhancement of production from the field, and express our thanks to the Department of Petroleum Resources for facilitating all permits,\u201d he concluded.
Atlas Petroleum International and Oranto Petroleum represent one of Africa\u2019s largest Nigerian and privately-held exploration and production group. The companies currently have an extensive footprint across the African continent, holding 22 oil and gas licenses in 12 jurisdictions.<\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"
By Chike OnwuegbuchiAtlas Petroleum, one of the country\u2019s pioneer marginal oilfield operators,says it has resumed \u2018workover\u2019 activities and well interventions on its Ejulebe marginal field, on OML 109 in the Niger Delta area,the company has said,july 7,2020.OML 109 comprises 14 identified and mapped prospects and leads, and an \u201cun-risked\u201d resource potential estimated in excess of […]<\/p>\n","protected":false},"author":2,"featured_media":1171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-1170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oil-gas"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/thecustomsstreetjournal.com\/wp-content\/uploads\/2020\/07\/Arthur-Eze-Atlas-pet.jpeg?fit=269%2C187&ssl=1","_links":{"self":[{"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/1170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=1170"}],"version-history":[{"count":1,"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/1170\/revisions"}],"predecessor-version":[{"id":1172,"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/1170\/revisions\/1172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/media\/1171"}],"wp:attachment":[{"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=1170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=1170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thecustomsstreetjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=1170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}