Oando completes Ob/Ob-Kwale project, boosts gas supply to Okpai power plant by 80%
Bitget2026/10/30 15:34- Oando’s 2026 seven-well drilling campaign across OMLs 60-63 remains on schedule, with two wells onstream and two workovers completed.
- Two more wells are being drilled; the final well, Ogbainbiri, is scheduled to spud in December.
- The completed campaign is expected to add 16,000-20,000 barrels of oil equivalent per day in gross production.
- Full-year capital expenditure is projected at $90 million-$100 million, focused on short-cycle upstream activities.
- Completion of the Ob/Ob-Kwale reverse-flow project increased gas supply to the Okpai power plant by 80%, supporting higher electricity generation.
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