Oil production from the deep water asset of the Shell Nigeria Exploration and Production Company (SNEPCo), Bonga field, has reached over 800 million barrels, the company said.
In a statement, Shell’s Media Relations Manager, Bamidele Odugbesan, said the feat was achieved in 13 years of production from the field.
The achievement according to him, confirms Shell as a pacesetter in offshore oil and gas production in the Gulf of Guinea.
Bayo Ojulari, SNEPCo’s Managing Director, in a review of the performance of the Bonga Floating Production, Storage, and Offloading (FPSO) vessel for 2018, said he was satisfied with the consistent availability and optimal performance of the vessel which began operation at the Bonga field in OML 118 in 2005.
The field is under a production sharing contract with the state owned Nigeria National Petroleum Corporation (NNPC).
“We are relentless in our pursuit of excellence on all fronts, and this we have consistently demonstrated with the management of Bonga to the satisfaction of our government and co-venture partners,” Ojulari said.