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Seplat hits 74,000 barrels of oil

Seplat Petroleum announced that it has hit 74,000 barrels of oil per day production in Oil Mining Leases (OMLs) 4, 38 and 41 in early November 2014.
The company said it has maintained between 73,000 and 74,000BOPD for most of the month so far.
Seplat exited 2013 at around 59,000BOPD (operated), thus netting 26,550BOPD equity crude. But in the first four months of 2014, the company’s total oil and gas production was impacted by 43 days of shut-down of Shell’s Trans Forcados Pipeline (TFP).
In May 2014, Seplat reported it had completed a new 10km pipeline to the Warri refinery in the west of the Niger Delta basin, “creating an alternative liquids export route to reduce impact of future third-party pipeline and terminal shut-downs.”

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