June 13 (LNGJ) - French major TotalEnergies has made a new oil and natural gas discovery offshore LNG producer Nigeria. “Located in shallow waters, 60 kilometres off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 metres of net oil pay and 15 metres of net gas pay, while its side-track Ntokon-1G1 encountered 73 metres of net oil pay, in well-developed and excellent quality reservoirs,” said TotalEnergies.
“The Ntokon discovery opens a promising outlook for a new tie-back development,’’ said Nicolas Terraz, President of Exploration and 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,” added Terraz. TotalEnergies is the operator of the OML 102 block with 40 percent and Nigerian National Petroleum Company owns 60 percent.
