LEKOIL, GEIL, Inaugurate Renovated School, Flag-off Water Project
Operators of Otakikpo field PML 11, Lekoil and Gas Investment Limited & Green Energy International Limited (GEIL) Joint Venture has officially ina…
January 14, 2025
LEKOIL’s regional basin study covering the Dahomey Basin.
The OPL 325 licence area, located in the offshore Dahomey Basin within the wrench zone that straddles the western Niger Delta, is a promising exploration licence located 50km to the south of OPL 310. LEKOIL has had access to 3D seismic data over 740km2 and is encouraged by the results and its interpretation of the analysis.
Preliminary review of the prospects, based on an independent study by Lumina, prepared for LEKOIL, suggests oil in place volumes of up to 5.7 billion barrels with an estimated 2 billion barrels recoverable based on analogues.
ASSET OVERVIEW
- Asset stage: Exploration
- LEKOIL: stake 62 per cent
- Reserves :Estimated STOIIP of 5.7 bboe. Several large prospects with associated channel complexes
- LEKOIL operating status: Operated stake
January 14, 2025 August 28, 2024Rivers communities welcome Lekoil, Green Energy JV’s HCDT project
Some communities in Andoni Local Government Area (LGA) of Rivers State have expressed delight over the implementation of the Host Communities Developm…
