Field Development
The Ogbele Field project is the first field development investment in NDEP's small to medium sized Oil and Gas field development programme.
It is located in Chevron's northern delta OML 54, originally granted to Chevron Nigeria Limited, operator of the NNPC/Chevron Joint Venture.
The NNPC/Chevron Join Venture remained the license holder for OML 54 until it was relinquished in 2008, with only the Ogbele Field area, carried out and Farmed-Out to Niger Delta Petroleum Resources Limited (NDPR) the operating company and a wholly owned subsidiary of NDEP. The Ogbele Field is now recognised as a Farm-Out Area (FOA) of the old OML 54.
The field is located on all season dry land 4 km west of the Sombreiro River, within the Ogbele / Otari / Obumeze Communities, some 45km northwest of Port Harcourt, in the Ahoada East Local Government Area of Rivers State, some 5km off the Ahoada -Degema Road. It lies within the Central Swamp I Depobelt of the geological province of the Niger Delta.
Production
Niger Delta Petroleum Resources Limited (NDPR) the wholly owned subsidiary of NDEP, is the operator of OML 54, Ogbele oil and gas field and has the right of first refusal for Omerelu oil and gas field, in OML 53. Both fields are in Port Harcourt, Rivers State, Nigeria.
NDEP and its operating Company believe in extracting maximum value from the oil and gas production
process, which is reflected in the company’s production capabilities:
- 5 producing wells have been
drilled and completed within the Ogbele Field,
with more wells planned for the near future
- A fully managed Flow Station has been installed, with a capacity of 10,000 bbls per day
- NDPR has embarked on a Gas Utilisation Project, with the installation of a 100mmscf/d Gas
Processing Plant at Ogbele in addition to a 20km Gas Pipeline to the NLNG Manifold at Rumuji
- A mini diesel refinery ‘Topping Plant’ has been installed, with a capacity of 1000 bbls per day
Exploration
The Board, Management and Staff of NDEP and NDPR are constantly looking for new ways to increase the Company’s reserves and assets base. At the moment, the Company’s operations are based in the Niger Delta Region of Nigeria. The company is well placed to pursue new emerging opportunities within the African continent.
By 2011, the Company will have an extensive range of projects to ensure a diversified production and revenue base. These projects include the delivery of cooking gas, propane, gas condensate and the sale of tail (dry) gas, as part of the Gas Utilisation Project as well as Diesel produced from the Company’s own mini diesel refinery, the NDPR ‘Topping Plant’ at Ogbele.
NDPR strives to obtain the maximum value from both existing and new investments with strong focus in state of the art capabilities in mapping, infrastructure and technology. The Company also invests heavily in its staff development and training.
The future growth of NDEP and NDPR hinges on further investments in exploration to increase reserves. Near future planned investment opportunities will include the development of the Omerelu Oil Field (OML 53), acquisition of new exploration assets in sub-Saharan Africa and Joint Venture (JV) participation in Non-African producing assets.
