Atlas Petroleum resumes work on oil rich block in Niger Delta to enhance production

NIGERIA — Atlas Petroleum International, one of the leading indigenous oil producers in Nigeria, has resumed work over activities and well interventions on its OML 109 oil block in Niger Delta to enhance production from the Ejulebe marginal field.

A statement from Atlas Petrol said that the renewed development of OML109 will bring a boost to local content development in Nigeria, and support the industry’s recovery following the Covid-19 crisis.

“As Nigeria multiplies efforts to build domestic capacity and develop the Nigerian content, we intend to live up to expectations as one of the country’s major indigenous player”, declared Prince Arthur Eze, Executive Chairman or Atlas Oranto.

The OML 109 oil block comprises 14 identified and mapped prospects and leads, and an un-risked resource potential which Atlas Petroleum claims to be in excess of 500 million barrels of oil equivalent.

The oil blocks low cost operating environment in shallow water and proximity to existing oil and gas infrastructure such as the Escravos Terminal make it one of the most attractive assets in the Niger Delta, with significant untapped and under-explored hydrocarbons potential.

“We expect the ongoing wells interventions on OML 109 to deliver quick wins on the recovery and enhancement of production from the field,” Prince Arthur Eze added.

Awarded to Atlas Petroleum International in 1991, the block entered into production through the development of the Ejubele discovery in September 1998.

Atlas Petroleum International and its sister company, Oranto Petroleum represent one of Africa’s largest Nigerian and privately-held exploration and production group.

The companies currently have an extensive footprint across the African continent, holding 22 oil and gas licenses in 12 jurisdictions.

Last year, Atlas Petroleum was among companies that signed definitive agreements with the government of Equatorial Guinea to process stranded gas from the country’s Alen and Aseng gas fields and offset production decline at the country’s Alba field.

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