Exxon Mobil (XOM) Confirms Startup of Production from Usan Field Offshore Nigeria
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Exxon Mobil Corporation (NYSE: XOM) announced today the startup of production from the Usan field, offshore Nigeria. ExxonMobil subsidiary Esso E&P Nigeria (Offshore East) Limited has a 30 percent interest in the deepwater project.
The Usan project has capacity to produce up to 180,000 barrels per day gross.
“This project represents another major achievement of the industry and Nigerians working together to develop the country’s resources,” said Neil Duffin, president, ExxonMobil Development Company. “Usan is providing significant benefits including revenues, employment and opportunities for local suppliers.”
The Usan field was discovered in 2002 in water depths of 2,400 feet approximately 62 miles from the coast. Production facilities include a floating production, storage and offloading vessel and ultimately 42 sub-sea wells. The operator is Total E&P Nigeria Limited.
Partners in the Usan project include Esso E&P Nigeria (Offshore East) Limited (30%), Chevron Petroleum Nigeria Limited (30%), Total E&P Nigeria Limited (20%) and Nexen Petroleum Nigeria Limited (20%).
The Usan project has capacity to produce up to 180,000 barrels per day gross.
“This project represents another major achievement of the industry and Nigerians working together to develop the country’s resources,” said Neil Duffin, president, ExxonMobil Development Company. “Usan is providing significant benefits including revenues, employment and opportunities for local suppliers.”
The Usan field was discovered in 2002 in water depths of 2,400 feet approximately 62 miles from the coast. Production facilities include a floating production, storage and offloading vessel and ultimately 42 sub-sea wells. The operator is Total E&P Nigeria Limited.
Partners in the Usan project include Esso E&P Nigeria (Offshore East) Limited (30%), Chevron Petroleum Nigeria Limited (30%), Total E&P Nigeria Limited (20%) and Nexen Petroleum Nigeria Limited (20%).
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