Operations
EXCELLENCE IN CRUDE OIL EXPLORATION AND PRODUCTION
Oriental Energy Resources Limited (OERL) is the operator of the Ebok crude oil asset (in PML 16) situated
offshore Akwa Ibom in Nigeria.
From the start, the business chiselled a bold vision: to set and achieve standards that all other exploration and
production companies in the Nigerian oil and gas industry will be compared against.
Since then, the company has played a key role in the development of heavy oil in the Niger Delta, in turn
making a substantial contribution to the growth of Nigeria's crude oil reserves.
Oriental Energy Resources Limited is owned by Alh. (Dr) Muhammadu Indimi, OFR, who also founded Oriental
Okwok Limited and Oriental 115 Limited. Each company controls an asset, and 344 km 2 of 3D seismic data have
been acquired over all three assets to date, yielding a broad spectrum of development and exploration
opportunities.
EBOK (PML 16)
The Ebok asset has been a major success story for the company. Farm-in rights were secured in 2007 from the
NNPC/ExxonMobil joint venture (JV) and the first oil was produced in April 2011.
In August 2015, OERL achieved full indigenous technical capacity on Ebok. Production exceeded 90 million
cumulative barrels by 2022, with the aid of advanced technology and innovations, especially for heavy oil
production with Electrical Submersible Pumps (ESPs).
Oriental Energy Resources Limited has thrived within the competitive African upstream oil industry, The
company has contributed substantially to Nigeria’s oil reserves and built a track record of excellence.
- Founding member of Nigeria’s Indigenous Operator Programme.
- Ranked top producer among indigenous marginal field operators.
- Largest development programme by an independent Nigerian oil company till 2018.
- Over 10 years of consistent commercial production.
- Largest offshore ESP deployment in West Africa with 26 installations.
- Drilled 34 producers and 8 water/gas injectors over life of asset till date.
- Achieved over 6.3 million cumulative man-hours of no loss-time incidents till date.
Operational milestones achieved in Ebok are direct results of aggressive production strategies, process optimization efforts and effective reservoir management practices, while prioritizing safety.
OKWOK (PML 15)
Also located in PML 15, the Okwok asset is in a shallow water area with a depth of 130 feet and is controlled
by Oriental Okwok Limited.
ExxonMobil relinquished Okwok in 2001 to Nigeria’s Marginal Field Programme which was established by the government to encourage greater indigenous participation in the oil and gas sector.
In June 2006, Oriental secured a farm-in agreement for Okwok with ExxonMobil and the Nigerian National Petroleum Corporation (NNPC). Later, Addax entered into a Joint Venture Agreement (JVA) with OERL to acquire an interest in the asset.
Approval for a Field Development Program (FDP) was obtained from the DPR (now NUPRC) in 2018, following from a successful production well test of the Okwok-13 well, in which over 5,000 bopd production rate was achieved. The FDP is currently under execution, with construction of an FPSO and a planned development drilling program. First Oil is planned for 2-3Q 2024.
OML 115
OML 115 is in the southeastern part of the highly productive offshore eastern Niger Delta, adjoining the Ebok
and Okwok fields and on the boundary between Nigeria and Equatorial Guinea/Cameroun. The water depth in
this area varies between 120 and 260 feet.
The block holds significant resource potential of over 200 million barrels of oil. Seven (7) exploration wells
have been drilled in this block to date from 1968 to 2014. Oriental is planning an aggressive appraisal and
development program over the block to realize its potential.
