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Home Science and innovations

Sahara Energy Begins Seismic Acquisition in Anambra Basin.

Paschal Nwankwo by Paschal Nwankwo
April 19, 2022
in Science and innovations
Sahara Energy Begins Seismic Acquisition in Anambra Basin.
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Sahara Energy Fields, the Nigerian indigenous independent, has commenced a three dimensional (3D) seismic survey in Oil Prospecting Lease OPL 228, in the Anambra Basin, ANAMBRA PEOPLE reports.

The company is acquiring 350 square kilometres of full fold seismic data.

The acquisition is part of Sahara’s obligatory work programme, to fulfill the terms of the licence award, but it’s not clear if the imminent data interpretation would lead to drilling.

Sahara is not known to actively sweat exploratory assets, but it is keen on being seen as having a large portfolio.

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Sahara operates OPL 228 with a 100% exploration interest. The company also has interests in OML 18 (16%) and OML 148 (100%), both of which are producing. Its other non-producing assets include OPLs 284 and 286 (90% each).

In 2019, Sahara executed a Finance and Technical Sales Agreement (FTSA) with the state firm NPDC for OML 11, through the West Africa Gas Limited, its subsidiary. But OML 11 is not listed in the company’s upstream asset portfolio.

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