ADM Energy and its partners are closing on a final investment decision for a new development plan for the Aje field in the OML 113 lease.
(Courtesy ADM Energy)
Offshore staff
LONDON – ADM Energy and its partners are closing on a final investment decision (FID) for a new development plan for the Aje field in the OML 113 lease, offshore Nigeria.
Dr. Babatunde Pearse, ADM’s new chief engineer, will oversee FEED studies to support FID.
Current plans call for three new wells that could potentially significantly raise production of oil and gas liquids from 1,909 b/d in 2020 to 9,000 b/d.
Another goal is to harness Aje’s estimated dry rich gas of 1.1 tcf-plus to supply markets in Lagos and for sale through the West Africa Gas Pipeline.
