JANUARY – FEBRUARY 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,...

Read More

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....

Read More

FEB – JUNE 2018 – OPERATIONS UPDATE

DRILLING No current drilling operation. Plans are still ongoing to carry-out rig-less interventions on some of the well strings. PRODUCTION ACTIVITIES Plans are ongoing to ramp up production as the new 80,000 barrels Tank Farm is nearing completion. The Tank Farm will help SunTrust Oil and its Partners to sustain injection rate during/after production/injection outages. Various facility upgrade and debottlenecking activities are currently ongoing. CRUDE EXPORT Injection through the Nigerian Agip Oil Company Limited (“NAOC”) and the Umugini Asset Company Limited (“UACL”) export pipeline suffered several downtimes due to Vandals’ attack on the export pipelines resulting in shut-ins of...

Read More

JANUARY 2018 – OPERATIONS UPDATE

DRILLING No current drilling operation. Plans are ongoing to carry-out rig-less interventions on some of the well strings. PRODUCTION ACTIVITIES SunTrust Oil and its partner, sustained production operation during the month, December 2017, under review. Plans are ongoing to ramp up production as reserve production capacities (RPC) with NAOC and Shell increase. Various facility upgrade and debottlenecking activities currently ongoing. CRUDE EXPORT Injection through the Nigerian Agip Oil Company Limited (“NAOC”) and the Umugini Asset Company Limited (“UACL”) export pipeline was sustained during the month under review with minimal downtimes.   COMMUNITY AFFAIRS SunTrust and its partner, Midwestern, embarked...

Read More