Leading chemical solutions and oil and gas production engineering solutions group, Eunisell has announced an extended range of comprehensive solutions for Nigeria’s marginal oil field owners.
Marginal fields are oil fields that have been discovered by major international oil companies (IOCs) in Nigeria in the course of exploring larger acreages and which fields have not been developed for more than 10 years.
Eunisell, the company with the extensive technical resources and equipment with facilities in Lagos and Port Harcourt announced that the new products and services include well testing, enhanced well testing, data services, well blowback solutions, multiphase flow, well clean up and early production facilities.
Others are offshore production units, enhanced production solutions, facilities upgrade, and repairs, operations management, sand management solutions produced water solutions, drill stem testing, electronic memory gauge services, and pumping services.
Speaking on why the extension became necessary, Chika Ikenga, Eunisell’s Group Managing Director, stated that field owners are vital to economic growth, and must be provided with every opportunity to operate efficiently and effectively.
“Through experience, we often find that skills gaps exist spanning financial, technical skills and resources – crucial facets to an operation being viable and profitable. Eunisell closes the gap with a unique range of business solutions and we have just announced an extension to the services we offer,” Ikenga said.
He further stated the company’s fast track production facilities help owners achieve first oil in record time.
An investor’s guide to Marginal Oil field acquisition says Nigeria has an estimated 2.3 billion barrels of crude oil reserves in over 183 fields classified as marginal however despite these potentials, Marginal field still contributes miserly to Nigeria’s total production.
According to data from NNPC, out of May 2019 total Production of 60.00million representing an average daily production of 1.94million barrels, Production Joint Ventures (JVs) and Production Sharing Contracts (PSC) contributed about 28.99 percent of 17.4 million barrels and of 45.40 percent of 27.2 million barrels respectively. While Alternative Funding (AF), Nigeria Petroleum Development Commission (NPDC) and marginal fields operators accounted for 10.77percent of 6.5 million barrels, 8.12 percent of 4.8million barrels and 6.71percent of 4 million barrels respectively.
DIPO OLADEHINDE
