June 16, 2011


Description

The Ebok field, located 55kms offshore Nigeria in 140’ of water, was originally discovered in 1969 by Mobil. Initial reserves were estimated at 25mmbo. Indigenous company Oriental Petroleum was awarded the field in 2007 as part of a negotiated agreement with Mobil associated with the change in the Maritime boundary between Nigeria and Equatorial Guinea. Nigerian marginal field fiscal terms were granted with Mobil retaining a field NPI.
 
In 2008 Afren became technical partner on the field bringing financial and technical capability and capacity to the project.  Later that year with partner Oriental, Afren embarked on a 3 well appraisal programme that took the field’s 2P reserve base to 105mmbo with prospective resources in excess of 200mmbls.  Development sanction was given in early 2009 and development drilling commenced in Q4 that year.
 
The development plan envisaged a combined appraisal development strategy that would deliver early oil production while evaluating the additional prospectivity on the block. Initial production was targeted for 15,000bopd rising to over 35,000bopd about 6 months after first production.
 
Production operations commenced in March 2011 from the fields Central fault block less than 3 years after joining partner Oriental Petroleum on the block and barely 2 years after project sanction. Production from the fields West Fault block is due on stream shortly.
 
To deliver this complex programme in such a tight timeframe required commitment, innovation and co-operation with partners, contractors and government agencies.

Featured Speakers

Speaker: Mr. Shahid Ullah
Speaker Mr. Shahid Ullah
Chief Operating Officer Afren Plc Mr. Shahid Ullah is Chief Operating Officer, Afren Plc. Afren is an African focused independent oil and gas exploration and production company listed on the main market of the London Stock Exchange and constituent of the Financial Times Stock Exchange Index of the leading 250 …

Chief Operating Officer
Afren Plc



Mr. Shahid Ullah is Chief Operating Officer, Afren Plc. Afren is an African focused independent oil and gas exploration and production company listed on the main market of the London Stock Exchange and constituent of the Financial Times Stock Exchange Index of the leading 250 UK listed companies. Afren has a portfolio of 28 assets across ten countries across the full cycle E&P value chain. Afren is currently producing from its assets offshore Nigeria and Côte d’Ivoire. Afren has exploration interests in Ghana, Nigeria, Côte d’Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria - São Tomé & Príncipe, Kenya, Ethiopia, Madagascar, Seychelles and Tanzania.


 


Mr. Ullah has held senior management positions at Western Atlas and Baker Hughes, where he was responsible for managing petroleum interests and assets.  In particular, he brings extensive technical and commercial knowledge of the African petroleum industry to Afren.  Mr. Ullah holds a degree in Petroleum Engineering from the University of Texas and received executive development training at Oxford University and the London Business School.  He is a member of the Engineering Advisory Board at the University of Texas.


Full Description



Organizer

Philippe Mitterrand


Date and Time

Thu, June 16, 2011

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended

Location

Petroleum Club

800 Bell St., 43rd Floor
Houston, TX 77002