OFFSHORE - OPL 2009

OPL 2009 is an offshore asset located on the South Eastern flank of Niger Delta, with an acreage size of about 313 sq. km. It is located in water depths ranging from 30-100 metres. It consists of one appraised field (Afiando field), with 2P reserves of approximately 37.6 Mmbls as well as four other identified prospects with P50 resources volumes of 2,314Mboe.
The Afiando field is located on the Northern flank of a collapsed crestal roll over anticlinal structure and has the Okono discovery in OML 119 to its south. Its structure has been compartmentalized into five fault blocks (I, II, III, IV & V). Its blocks II III & IV have been explored and appraised by the two wells drilled (Afiando 2 & 3 wells) with the Miocene hydrocarbons encountered currently planned for development. 2P Reserves of 37.6Mbbl of oil is being targeted for development. GPDC has 51% working interest in OPL 2009, while Eni/Agip has 49% working interest.

After careful consideration of several factors, the compartments II, III & IV will be developed by completing the already drilled Afiando 3 well. Production from this well would add to those from the planned Afiando-4 & 5 development wells.
The produced crude is expected to be tied back into the near-by Mystras FPSO located less than 3km from the Afiando field. A Pre-FEED study for this project has now been completed and a Field Development Program is ongoing.

Further exploration and appraisal of the Afiando I & V blocks along with the neighbouring Idak East & Idak West prospects when completed, is expected to add an additional P50 resource volume of about 2314.5MMBOE
First oil from the Afiando field is projected for Q2, 2017 with a start up production of 15,500bbls/day.