TotalEnergies has announced the discovery of Ntokon oil and gas on OML102 offshore Nigeria.
The Ntokon-1AX finding well encountered 38 meters of net oil pay and 15 meters of net gas pay in shallow waters 60 kilometers off the southeast coast of Nigeria, while its side-track Ntokon-1G1 found 73 meters of net oil pay in well-developed and excellent-quality reservoirs. Ntokon-1G1 successfully tested up to a maximum rate of about 5,000 barrels per day of 40° API oil.
Located 20 km from the Ofon field facilities on OML102, Ntokon is planned to be developed through a tie-back to these existing facilities.
“The Ntokon discovery opens a promising outlook for a new tie-back development’’, said Nicolas Terraz, President, Exploration & Production at TotalEnergies. “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”.
OML 102 is operated by TotalEnergies EP Nigeria with a 40% interest, alongside partner NNPC Ltd. with the remaining 60%.
