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SunTrust Oil and its Partners (“SunTrust Oil”) sustained production and injection activities during the period under review. CRUDE EXPORT SunTrust Oil injection activities through the Umugini Pipeline Infrastructure Limited (“UPIL”) were carried out successfully with...
PRODUCTION ACTIVITIES SunTrust Oil and its Partners have continued to reap the benefit of increased storage space at the Umusadege field. With about 110,000 barrels storage space available, SunTrust Oil and its Partners were able to sustain injection rate during/after...
DRILLING No ongoing drilling activities. Preparation/planning for various well intervention works ongoing. PRODUCTION ACTIVITIES SunTrust Oil and its Partners have continued to reap the benefit of increased storage space at the Umusadege field. With about 110,000...
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...
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...
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...
SunTrust Oil Company, an indigenous E&P company and a 30% equity owner of OML 56 Umusadege (which assets currently produces over 22,000 bpd), strengthens its desire to become a leading oil and gas exploration and production company in Africa via the official...