{"content":[{"text":"expected to account for 10.9% of the overall global increase, and the market share will \n more than double to 7.0% in 2009. Total offshore expenditure is forecast to increase in \n West Africa by $8.1 billion in 2009, second only to the Asia-Pacific region's increase of \n $9.8 billion. Forecast market share increases of the two regions are 4.0% and 4.4%, \n respectively. Source: Prospects for the Offshore Oil and Gas Industry in North and Central \n America 2005-2009, Mackay Consultants, Revised June 2005.","bbox":{"left":0.117647,"top":0.092879,"width":0.7647649999999999,"height":0.10227299999999999}},{"text":"ExxonMobil’s Erha oilfield is also due to start production late this year. Located in oil \n prospecting license (OPL) 209 and operated by ExxonMobil subsidiary Esso Exploration \n and Production Nigeria Ltd., Erha will raise Nigeria’s crude oil production by 150,000 b/d \n and reserves by 560 MMbbl when it comes on stream.","bbox":{"left":0.117647,"top":0.214848,"width":0.764785,"height":0.06742499999999998}},{"text":"ExxonMobil previously indicated its intent to invest about $10 billion in Nigeria’s petroleum \n sector over the next five years - $3 billion would be invested in projects aimed at ending \n gas flaring by 2006; another $3 billion would be spent to develop new deep offshore fields; \n and $1 billion would go into funding joint venture projects with the Nigerian National \n Petroleum Corp. (NNPC).","bbox":{"left":0.117647,"top":0.30197,"width":0.7648429999999999,"height":0.08484900000000001}},{"text":"Meanwhile, Total has announced several offshore developments this spring and summer \n in the Ukot and Usan fields. In July, its Nigerian operating subsidiary, Elf Petroleum Nigeria \n Ltd. (EPNL), signed a production sharing contract (PSC) with NNPC for OPL 223 located \n offshore southeast Nigeria. OPL 223 lies in water depths of 200 to 1,000 m just east of \n OPL 222 where EPNL has made significant commercial discoveries in the Ukot and Usan \n fields.","bbox":{"left":0.117647,"top":0.406515,"width":0.764726,"height":0.102273}},{"text":"The Usan field, discovered in 2002, is 110 km offshore in water depths of approximately \n 800 m. In 2004, a western Usan extension was confirmed by the drilling of Usan 5 and 6. \n This year, Usan 7 and 8 confirmed an eastern extension of the Usan field. In August, EPNL \n successfully drilled two appraisal wells in the Usan field in OPL 222.","bbox":{"left":0.117647,"top":0.528485,"width":0.764824,"height":0.06742500000000007}},{"text":"The field development plan has been approved by NNPC, the concessionaire of the \n licence. Additional approval will be sought from the Department of Petroleum Resources \n in the near future. The plan features a development of the Usan field with 35 subsea wells \n connected to a 2 MMbbl capacity FPSO by subsea pipelines and risers. The processing \n capacity is around 150,000 b/d. First oil is planned by 2010.","bbox":{"left":0.117647,"top":0.615606,"width":0.7648440000000001,"height":0.08484900000000006}},{"text":"NNPC is concessionaire for OPL 222 under a PSC operated by EPNL (20%), in \n partnership with Chevron Petroleum Nigeria Ltd. (30%), Esso Exploration and Production \n Nigeria (Offshore East) Ltd. (30%), and Nexen Petroleum Nigeria Ltd. (20%).","bbox":{"left":0.117647,"top":0.720152,"width":0.7647839999999999,"height":0.050000000000000044}},{"text":"In May, NNPC authorized Total, as operator, to begin developing the offshore Akpo field \n on the oil mining license (OML) 130 in Nigeria. Total holds a 24% interest in OML 130, \n alongside NNPC, Petrobras, and Sapetro.","bbox":{"left":0.117647,"top":0.789849,"width":0.7647060000000001,"height":0.050000000000000044}},{"text":"Discovered in 2000, the Akpo gas and condensate field is located around 200 km offshore \n Port Harcourt in water depths ranging from 1,100 to 1,700 m.","bbox":{"left":0.117647,"top":0.859545,"width":0.764529,"height":0.03257700000000008}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}