JANUARY – MARCH 2019 OPERATIONS UPDATE

DRILLING Plans are almost concluded for the drilling of the second well, (Umu West 2 development well), in the Umu Western location of the field during quarter two. Contracting process with several service contractors almost completed to ensure we meet up with the planned spud date. Umu West 2 development well will target sands already discovered in the central and eastern locations, but found to be better developed in the western location. PRODUCTION ACTIVITIES SunTrust Oil and its Partners have continued to reap the benefit of increased storage space at the Umusadege field. With about 110,000barrels storage space available,...

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JULY – NOVEMBER, 2018 OPERATIONS UPDATE

DRILLING No current drilling operation. A development well is planned for Q1 2019. Plans are still ongoing to carry-out rig-less interventions on some of the well strings.  PRODUCTION ACTIVITIES SunTrustOil and its Partners have completed a 2 x 40,000 barrels tank farm at the Umusadege Central Processing Facility. With the already existing 30,000 barrels storage tank capacity, SunTrust Oil and its Partners are able to sustain injection rate during/after production/injection outages. Various facility upgrade and de-bottlenecking activities are still currently ongoing. A gas lift project is also planned for Q1 2019 as way to sustain/increase production from the field....

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Inspection visit by SunTrust Oil MD/CEO

CEO/MD, SunTrust Oil Company Nigeria Limited, Mr. Ugo Okafor inspecting the Umusadege facilities Recently the MD/CEO of SunTrust Oil Company Nigeria Limited , Mr. Ugo Okafor, visited the Umusadege Field for the regular Management Facility Inspection exercise. Part of his activities during the visit was the inspection of the progress on the last phase of the debottlenecking of the current Central Processing Facility. The visit was so important as it also afforded him the opportunity to inspect the ongoing drilling of the UMU west 2. CEO/MD, SunTrust Oil Company Nigeria Limited, Mr. Ugo Okafor with some members of the...

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UMU WEST 2 DRILLING UPDATE

Completed drilling first section to TD at 4556ft and ran and cemented 13 3/8 casing. Currently performing cement top up job; later to drill out shoe, do a leak off test, pull out and pick up the Bottom Hole Assembly for the next drill section. The well will target sands XXa & XIV as primary targets. The well will be completed as a dual string multi-zone producer in three sands at the deeper zone if oil bearing, alternatively complete three sands in the shallow zone. Planned TD 9,650ft on September 12,...

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UMU WEST 2 DRILLING UPDATE

Rig move and rig up is 100% complete. Rig acceptance test also 100% completed. Umusadege-West 2 (Umu 18) spudded at 13:00hrs on August 3, 2019. The well will be drilled as a deviated well in the western culmination with sands XXa & XIV as primary targets. The well will be completed as a dual string multi-zone producer in three sands at the deeper zone if oil bearing, alternatively complete three sands in the shallow...

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UMU WEST 2 DRILLING UPDATE

Rig move to the Umusadege location is now expected to commence on July 12, 2019. Umusadege‐West 2 will be drilled as an S‐shaped well in the Western culmination with sands XXa & XIV as primary targets. The well will be completed as a dual string multi‐zone producer in three sands at the deeper zone if oil bearing, alternatively complete three sands in the shallow zone. Proposed spud date for this well is now July 25th,...

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