TotalEnergies pulls off Ntokon oil and gas discovery in OML 102, Nigeria

TotalEnergies and its partner NNPC Ltd have pulled off the Ntokon oil and gas discovery in the Oil Mining Lease 102 (OML 102), located off the southeast coast of Nigeria.

The new discovery, located 60km off the coast, promises to further bolster Nigeria’s oil and gas production.

The hydrocarbon discovery was realized through the drilling of the Ntokon-1AX exploratory well in shallow waters. This well intersected 38 meters of net oil pay and 15 meters of net gas pay. Meanwhile, its side-track Ntokon-1G1 well found 73 meters of net oil pay within well-developed and high-quality reservoirs.

TotalEnergies confirmed that the Ntokon-1G1 well successfully tested up to a maximum rate of approximately 5,000 barrels per day of 40° API oil.

Plans are underway to develop the Ntokon oil and gas discovery through a tie-back to existing facilities at the Ofon field, located 20 km away. This move is set to streamline operations and expedite production.

The Ntokon discovery comes in the wake of last year’s successful start of production from the Ikike field in OML99, which is tied back to the Amenam offshore facilities via a 14km long multiphase pipeline.

Nicolas Terraz — TotalEnergies President, Exploration & Production said: “The Ntokon discovery opens a promising outlook for a new tie-back development.

“After the start-up of production of the Ikike tie-back on OML99 in 2022, this new success in the area further demonstrates the potential of nearby exploration to create value within our low cost, low emission strategy.”

TotalEnergies EP Nigeria, a subsidiary of the French oil and gas company, holds a 40% operating stake in OML 102. NNPC owns the remaining 60% stake.

In recent developments, TotalEnergies has also announced the renewal of the production license for the OML130 block in Nigeria for an additional 20 years. This offshore block comprises the Akpo and Egina fields, which began production in 2009 and 2018, respectively.

TotalEnergies has a longstanding presence in Nigeria, with operations spanning over 60 years. The company achieved a production of 204,000 barrels of oil equivalent per day in the country in 2022, underlining Nigeria’s strategic importance in TotalEnergies’ global portfolio.