San Leon Energy has reported on its 9.72% indirect interest in the OML 18 project in Nigeria. Current oil production at the project, including 50% of the Awoba field, was 53,000 barrels of oil per day (bopd) before downtime and pipeline losses, compared to 40,360 bopd in 2017. The Nigerian government is currently negotiating a deal with Shell for an additional 500,000 bpd, which would be added to existing output from the project. That would provide a large boost to net oil production, Fanning concluded. Gas sales were around 50 mmscf/d, averaging 45.2mmscf/d after downtime.
San Leon Energy has reported on its 9.72% indirect interest in the OML 18 project in Nigeria. Current oil production at the project, including 50% of the Awoba field, was 53,000 barrels of oil per day (bopd) before downtime and pipeline losses, compared to 40,360 bopd in 2017. The Nigerian government is currently negotiating a deal with Shell for an additional 500,000 bpd, which would be added to existing output from the project. Gas sales were around 50 mmscf/d, averaging 45.2mmscf/d after downtime.