Operations
OKWOK
OVERVIEW
In 2001, ExxonMobil contributed the Okwok field to Nigeria’s Marginal Field Program, which was established by the Nigerian government to encourage greater indigenous participation in the oil and gas sector. Pursuant to this program, Oriental Energy Resources completed a farm-in agreement for Okwok with Mobil and the Nigerian National Petroleum Corporation (“NNPC”) in June 2006.

Outlook
The revised Okwok field FDP includes the installation of a 16-slot wellhead platform (WHP) over the previously installed wellhead jacket. This platform will have capacity for up to 32 wells via the use of splitter wellheads. The platform will be connected to an adjacent, spread-moored FPSO designed to handle throughput of 40,000 barrels of oil, 15 million standard cubic feet of gas and 60,000 barrels of water per day. The treated crude stored in the FPSO is to be transferred to tandem-moored tankers for export from the field.
The first phase of the Okwok development targets an estimated 39 million barrels of 2P oil reserves in three reservoirs in the central and western portion of the field. Twelve oil producers and five water injectors will be drilled. A gas injector/producer well may be required for managing the gas resources in the field. Drilling is contemplated to commence in 2019, ahead of commissioning of the facilities and First Oil.
At a future time, further development of the eastern and southeastern portion of the field, including the previously appraised D2 reservoir, may be possible through the installation of a second platform.