EEPL Nigeria (EEPLN), a subsidiary, acquired the OPL 226 block in March 2010. The block covers an area of 1530 sq km in shallow offshore waters of Niger delta with water depths ranging from 40 to 180 meters.
As a part of the minimum work commitment, EEPLN has executed 3D Seismic API (acquisition, processing and interpretation) over 568 sq km. Wells drilled by previous operators had earlier unearthed four hydrocarbon discoveries in OPL-226. Essar plans to carry out further exploration of the block to expedite its development.
The notional development plan for one of the prospects include drilling of exploration wells followed by 18 development wells is currently being worked upon.
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