. To add about 40Kbpd to Nigeria’s oil production
By Stanley Onyeka, Lagos
Esso Exploration and Production Nigeria (Offshore East) Limited (EEPN(OE)L), an affiliate of ExxonMobil, said it has commenced on-block activities for the Usan Infill Project in Oil Mining Lease (OML) 138, marking continued progress in developing Nigeria’s deepwater resources.
The project, Esso said, represents a cumulative investment of approximately $1 billion by Esso and its OML 138 partners, demonstrating continued confidence in the Usan resource base and Nigeria’s deepwater potential.
Once completed, the project is expected to add up to 40,000 barrels of oil per day in incremental production, increasing output from the Usan Floating Production Storage and Offloading (FPSO) facility, according to the company’s statement yesterday,
Esso noted that as a short-cycle investment, the project is expected to sustain and increase production from the Usan field, with first production within 18 months after the seismic data identified the investment opportunity.
According to Esso, the Usan Infill Project is part of the broader Usan Field Development Plan and builds on recent investments, including the acquisition and processing of high-quality seismic data in 2024.
By applying advanced technology and leveraging our proven execution capabilities, we aim to safely and efficiently increase production and deliver value for our stakeholders while supporting Nigeria’s economic development.
Chairman and Managing Director of ExxonMobil affiliates in Nigeria, Jagir Baxi, was quoted as saying: “The start of the Usan Infill Project reflects ExxonMobil’s continued focus on developing our deepwater portfolio in Nigeria.
“By applying advanced technology and leveraging our proven execution capabilities, we aim to safely and efficiently increase production and deliver value for our stakeholders while supporting Nigeria’s economic development.”
Esso acknowledges the Federal Government of Nigeria’s efforts to strengthen the investment environment for deepwater oil and gas development.
The company also recognizes the support of its Usan co-venture partners and the support of key stakeholders, including the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Content Development and Monitoring Board (NCDMB), and NNPC Limited.
The Usan Infill Project highlights the role value of strong partnerships in advancing development and production in Nigeria’s deepwater sector and reflects ExxonMobil’s commitment to responsible resource development.
