Shell produces oil from Bonga deep-water project

Shell Petroleum Development Company (SPDC) has stated that its latest deepwater project has produced its first oil.

A subsidiary of SPDC in Nigeria in charge of oil exploration, Shell Nigeria Exploration and Production Company Ltd (SNEPCo), started oil production from the first well at the Bonga North West on Tuesday from deep-water development off the Nigerian coast.

The company stated in a statement on Wednesday that it was another milestone for the country’s energy industry.

“This is an excellent addition to our deep-water portfolio, a key growth theme for Shell’s world-wide upstream business.

“It’s also good news for Nigeria, as it is a new source of oil revenue and strengthens Nigeria’s deep-water expertise, a key driver of economic development,” said Andrew Brown, Shell’s Upstream International Director.

The Bonga project, which began producing oil and gas in 2005, was Nigeria’s first deep-water development in water depths over 1,000 metres.

The company said oil from the Bonga North West sub-sea facilities is transported by a new undersea pipeline to the existing Bonga floating production, storage and offloading (FPSO) export facility.

The Bonga FPSO has been upgraded to handle the additional oil flow from Bonga North West which, at peak production, is expected to contribute 40,000 barrels of oil equivalent per day, helping to maintain the facility’s overall output.

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