PARIS, FRANCE: TotalEnergies has made a significant oil and gas discovery, named Ntokon, in the offshore OML102 block located off the southeast coast of Nigeria.
The discovery well, Ntokon-1AX, encountered 38 meters of net oil pay and 15 meters of net gas pay, while the side-track well, Ntokon-1G1, encountered an impressive 73 meters of net oil pay in high-quality reservoirs. Ntokon-1G1 successfully tested at a maximum rate of approximately 5,000 barrels per day of 40° API oil.
Situated just 20 kilometers away from the existing Ofon field facilities on OML102, the Ntokon discovery is planned to be developed through a tie-back to the existing infrastructure.
Nicolas Terraz, President of Exploration & Production at TotalEnergies, expressed optimism about the discovery, stating, “The Ntokon discovery opens a promising outlook for a new tie-back development. After the successful production start of the Ikike tie-back on OML99 in 2022, this new achievement in the area further demonstrates the potential of nearby exploration to create value within our low-cost, low-emission strategy.”
TotalEnergies EP Nigeria operates OML102 with a 40% interest, while NNPC Ltd holds the remaining 60% stake as a partner.
The Ntokon discovery marks another significant milestone in TotalEnergies’ exploration efforts in Nigeria, reinforcing the company’s commitment to expanding its presence in the region and contributing to Nigeria’s oil and gas industry.