{"id":10457,"date":"2021-06-17T19:16:05","date_gmt":"2021-06-17T19:16:05","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=10457"},"modified":"2021-06-17T19:16:05","modified_gmt":"2021-06-17T19:16:05","slug":"nigeria-decklar-resources-provides-oza-1-well-re-entry-update","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-decklar-resources-provides-oza-1-well-re-entry-update\/","title":{"rendered":"NIGERIA: Decklar Resources Provides Oza-1 Well Re-Entry Update"},"content":{"rendered":"

Rig On-site at Oza-1 Preparing to Commence Operations<\/u><\/strong><\/p>\n

Decklar has made significant progress in preparation for the Oza-1 well re-entry with the arrival of the drilling rig, camp, and all associated equipment at the site. The drilling rig has been installed and is in the final rigging up stage, and initial operations on the Oza-1 well re-entry are anticipated to begin shortly, starting with functional testing of the rig and then initial work activities of pulling the existing tubing and running a cement bond log to confirm the integrity of the cement behind the casing. This will be followed by pulling the 5 \u00bd inch casing that is inside the 9 \u215d inch casing and running cased hole reservoir logs. Once the logging is complete and has been analyzed, the well will be cleaned out and perforation and production testing operations will be performed on the three known oil-bearing zones (L2.2, L2.4 and L2.6) beginning with the lowest zone (the L2.6 zone). Each zone will be production flow tested independently, and all test volumes produced will be exported and sold through the existing production facilities and pipelines. Once testing of all three zones is completed, it is anticipated that a final dual-tubing string completion will be installed, and the L2.2 and L2.6 zones placed into production based upon successful testing.<\/p>\n

The drilling rig is then expected to be skidded on the same drill pad as Oza-1 to a new drilling slot and a horizontal development well will be drilled in the L2.4 zone and placed on production upon successful testing. The Oza-1 well and new horizontal development well are anticipated to generate significant production levels and cash flow in a short time frame due to the existing infrastructure in place. The Oza Oil Field development is planned to then continue with one or two more re-entries on other existing wells and additional development drilling program with a potential of eight to ten wells being drilled to achieve full field development. Additional early production and central processing facilities will be added as required to accommodate additional production levels from field development activities.<\/p>\n

The Company anticipates that operations for the re-entry of the Oza-1 well are on track for initial production testing to commence by approximately mid-July. The Oza Oil Field has significant export and production capacity through processing facilities and infrastructure already in place and operational, which will allow for the immediate export and sale of crude oil from the Oza-1 well.<\/p>\n

Decklar also continues to pursue and advance evaluations and negotiations for additional proven undeveloped oil and gas fields in Nigeria that have significant reserves and near-term production potential, including the recently announced Letter of Intent to acquire rights in the Asaramatoru oil field.<\/p>\n

Duncan Blount, CEO of Decklar, stated \u201cThis is a significant milestone for the Company as we transition from a developer into a producing oil company. Thanks to the infrastructure already in place, the flow test from the Oza-1 will go directly into the pipeline to the Bonny Export Terminal to generate attractive cash flow. We look forward to ramping up production as we continue to progress full-field development at the Oza Field. The cash flow from this field will support Decklar\u2019s strategy of consolidating and re-establishing production at this and other similar high-margin proven undeveloped conventional oil fields in Nigeria.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Rig On-site at Oza-1 Preparing to Commence Operations Decklar has made significant progress in preparation for the Oza-1 well re-entry with the arrival of the drilling rig, camp, and all … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[9366,637,1749,8961,5021],"class_list":["post-10457","post","type-post","status-publish","format-standard","hentry","category-countries","category-top-news","category-west-africa","tag-declar-resources","tag-drilling","tag-nigeria","tag-oza-1","tag-rig","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2IF","jetpack-related-posts":[{"id":10718,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-decklar-resources-continues-re-entry-operations-at-the-oza-1-well-site\/","url_meta":{"origin":10457,"position":0},"title":"NIGERIA: Decklar Resources Continues Re-entry Operations at the Oza-1 Well Site","author":"","date":"August 12, 2021","format":false,"excerpt":"Re-entry operations at the Oza-1 well site continue to progress with the completion of critical initial work activities including pulling the existing tubing and the 5 \u00bd inch casing that was inside the 9 \u215d inch casing. The 9 \u215d inch casing has been scrapped and circulated clean and over\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10604,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-decklar-resources-to-participate-in-asaramatoru-oil-field-in-oml-11\/","url_meta":{"origin":10457,"position":1},"title":"NIGERIA: Decklar Resources to Participate in Asaramatoru Oil field in OML 11","author":"","date":"July 20, 2021","format":false,"excerpt":"Decklar Resources has announced the completion of a Share Purchase Agreement to purchase all of the issued and outstanding ordinary shares of Purion Energy Limited , a Nigerian entity that has entered into a Risk Finance and Technical Services Agreement\u00a0 with Prime Exploration and Production Limited, the Operator of the\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10381,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-oza-1-well-re-entry-on-coursewith-the-supporting-infrastructure-installed-operational\/","url_meta":{"origin":10457,"position":2},"title":"NIGERIA: Oza-1 well Re-entry On-coursewith the Supporting Infrastructure Installed & Operational","author":"","date":"May 30, 2021","format":false,"excerpt":"Decklar has said it continues to make considerable progress on the Oza-1 well re-entry with the camp and all associated infrastructure fully installed and operational. The major components of the drilling rig equipment are being transported to the field this week and it is anticipated the rig will be completely\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Oza-field.jpg?fit=750%2C664&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9796,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-san-leon-energy-provides-update-on-investment-in-oza-field-2\/","url_meta":{"origin":10457,"position":3},"title":"NIGERIA: San Leon Energy Provides Update on Investment in Oza Field","author":"","date":"February 2, 2021","format":false,"excerpt":"San Leon has provided an update on the funding arrangements by Decklar Petroleum Limited to develop the Oza Oil Field in Nigeria.\u00a0 When fully disbursed, the funding is expected to be sufficient to re-establish oil production and provide development funding for the Oza Oil Field.\u00a0 Update Regarding Funding Arrangements \u00a0The\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12241,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-decklar-resources-inc-commences-shipment-of-crude-oil-to-market-from-oza-oil-field\/","url_meta":{"origin":10457,"position":4},"title":"NIGERIA: Decklar Resources Inc. Commences Shipment of Crude Oil to Market From Oza Oil Field","author":"","date":"May 10, 2022","format":false,"excerpt":"Decklar and its co-venturer Millenium Oil & Gas Company Limited have commenced loading crude oil into trucks at the Oza Oil Field from storage tanks for delivery to the UPIL crude handling facilities for further transfer to the SPDC Joint Venture Forcados Oil Export Terminal via the Umugini Pipeline. The\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9012,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-san-leon-provides-7-5m-funding-for-development-of-oza-field\/","url_meta":{"origin":10457,"position":5},"title":"NIGERIA: San Leon provides $7.5M funding for development of Oza Field","author":"","date":"September 1, 2020","format":false,"excerpt":"San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces that it has conditionally agreed to invest US$7.5 million by way of a loan to Decklar Petroleum Limited, the local subsidiary of Asian Mineral Resources Limited. Decklar is the holder of a Risk Service\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Nigeria-oza_field.jpg?fit=800%2C497&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=10457"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10457\/revisions"}],"predecessor-version":[{"id":10458,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10457\/revisions\/10458"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=10457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=10457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=10457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}