AMNI Targets 12,000 BPD from Okoro Field Offshore Campaign
AMNI International Petroleum Development Company is initiating a new offshore campaign at the Okoro field, which is a core production asset for the company. This campaign is part of a development program aimed at optimizing production performance and improving reservoir management to sustain output.
The company plans to conduct three drilling campaigns to achieve peak production above 12,000 barrels per day, as part of a broader five-year strategic development plan. AMNI's investment pipeline exceeds $2.5 billion across various oil and gas projects, with a projected peak production of 150,000 barrels of oil equivalent per day.
Dr. Tund Afolabi, the Chairman and CEO, emphasized the importance of disciplined investment in Nigeria's upstream sector. The arrival of the drilling rig marks a significant operational milestone and reflects AMNI's commitment to long-term value creation and the development of indigenous operations in Nigeria's oil and gas industry.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
Read full article
Continue on Punch Newspapers
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
AMNI Launches Drilling Campaign to Boost Nigeria's Oil Output
NNPC Ltd/Chevron Target 146,000 Barrels in Awodi-07 Oil Well Success
Anambra State Recovers 10 Oil Wells from Delta State
NNPC Announces Major Oil Discovery in Niger Delta in Collaboration with Chevron
Nigeria's NNPC and Chevron Discover New Oil Well, Eye 146,000 Barrels/Day
ExxonMobil to Invest $1 Billion in Nigerian Oil Production Project
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
