{"id":554,"date":"2020-11-15T18:55:39","date_gmt":"2020-11-15T18:55:39","guid":{"rendered":"http:\/\/waep.azurewebsites.net\/?page_id=554"},"modified":"2021-06-15T08:48:18","modified_gmt":"2021-06-15T08:48:18","slug":"operations","status":"publish","type":"page","link":"https:\/\/www.waepco.com\/index.php\/operations\/","title":{"rendered":"Operations"},"content":{"rendered":"

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Operations<\/h1>\n

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WAEP has adopted a phased development plan for OML 71 and OML 72.\n<\/p>\n

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To maximise hydrocarbon recovery and create value to all stakeholders, WAEP intends to employ a phased approach to the development of OMLs 71 & 72. The first phase will involve series of surface and subsurface operations to ensure immediate restoration of production from the existing 12 wells in Kalaekule between 2020 and 2021. Subsequent phased development will cover other fields within the 2 blocks.<\/span><\/p>\n

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The full field development plan includes:<\/span>
– Completing ongoing reservoir studies and FDP<\/span>
– New wells drilling campaign<\/span>
– Extensive exploration and development activities in the unappraised and partially appraised fields<\/span>
– Deliver a production of 60,000 BoPD and >250 MMSCF\/D in 5 years after First Oil from Kalaekule re-entry.<\/span><\/p>\n

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Expected 5-year growth trend<\/strong><\/em><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Projects” _builder_version=”4.6.6″ background_color=”#24346f” custom_padding=”130px|0px|0px|0px||” global_module=”962″][et_pb_row column_structure=”3_5,2_5″ _builder_version=”4.6.6″ _module_preset=”default” background_color=”#b81822″ min_height=”226px” custom_margin=”-175px||0px||false|false” custom_margin_tablet=”” custom_margin_phone=”-111px||||false|false” custom_margin_last_edited=”on|phone” custom_padding=”58px||24px||false|false”][et_pb_column type=”3_5″ _builder_version=”4.6.6″ _module_preset=”default”][et_pb_blurb title=”OPERATIONAL HEAD OFFICE” use_icon=”on” font_icon=”%%122%%” icon_color=”#ffffff” icon_placement=”left” _builder_version=”4.6.6″ _module_preset=”default” header_font=”|700|||||||” header_text_color=”#ffffff” body_text_color=”#ffffff” custom_margin=”|||120px|false|false” custom_margin_tablet=”|||0px|false|false” custom_margin_phone=”|||0px|false|false” custom_margin_last_edited=”on|desktop”]<\/p>\n

Waterfront Plaza, 270A Ozumba Mbadiwe Avenue,
2nd Floor, Ecobank Building,
Victoria Island, Lagos, Nigeria.<\/p>\n

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08159487177<\/p>\n

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