LEKOIL commences 3-D Seismic operations at Otakikpo

Otakikpo 1LEKOIL, the West Africa-based oil and gas exploration, development and production company, has commenced the shooting of a 3D seismic survey at the Otakikpo Marginal Field in OML 11, onshore and offshore in the south-eastern part of the Niger Delta

Sinopec Changjiang Engineering Services Limited (Sinopec) has been previously contracted by LEKOIL to carry out the survey. Permits have been secured and mobilisation completed, said the company.

“Line cutting has commenced and is currently in progress. Preparations for seismic recording operations are at an advanced stage. The survey is expected to complete around June 2018,” LEKOIL noted.

Following the completion of this seismic acquisition, LEKOIL is set to process and interpret the new 3D seismic data, subsequently releasing an updated report.

Lekan Akinyanmi, CEO of LEKOIL, said, “The acquisition of 3D seismic data will provide valuable information to unlock further value at Otakikpo. Sinopec has a reputation for high-quality data acquisition and we are pleased to be working with them.”

Otakikpo is sited in a coastal swamp location in oil mining lease (OML) 11, adjacent to the shoreline in the south-eastern part of the Niger Delta. LEKOIL Nigeria exercises the rights and benefits of its 40 per cent participating and economic interest in Otakikpo via the farm-in agreement and joint operating agreement signed on 17 May 2014, with Green Energy International Limited (GEIL), the Operator.

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