Lekoil, an oil and gas exploration and development company, has announced commencement of continuous production from the Otakikpo Marginal Field in OML 11 targeting 10,000 b/d, Nigeria Today reported.
This follows the completion of a six-kilometer offshore pipeline leading from the storage tanks to the tanker offloading manifold at the Otakikpo field. The company also stated that all onshore facilities and the offshore pipeline have been fully commissioned and signed off by the regulators.
According to Leadership Ng, Otakikpo field is in the southern part of Oil Mining License 11 about 35 km east of the Bonny export terminal. The field is jointly developed by Green Energy International Ltd as the Operator and Lekoil as technical and financial partner.
Chief Executive Officer of Lekoil, Lekan Akinyanmi, said¬†that the company “is now a producing company. I would again like to thank the entire team that has worked so hard on this project, our partner Green Energy, our investors and debt financiers, our host communities and our government regulators for their continuing support.”