April 26, 2017 4:42 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Esso Exploration and Production Nigeria Ltd.

Company Overview

Esso Exploration and Production Nigeria Ltd. engages in the exploration, production, transportation, and sale of crude oil and natural gas. The company was founded in 1993 and is based in Nigeria. Esso Exploration and Production Nigeria Ltd. operates as a subsidiary of Exxon Mobil Corporation.

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Nigeria

Founded in 1993

Key Executives for Esso Exploration and Production Nigeria Ltd.

General Manager
Compensation as of Fiscal Year 2016.

Esso Exploration and Production Nigeria Ltd. Key Developments

Esso Exploration and Production Nigeria Ltd. Starts Oil Production at Erha North Phase 2 Project

Exxon Mobil Corporation announced that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule at the Erha North Phase 2 project offshore Nigeria. The Erha North Phase 2 project is a deepwater subsea development located 60 miles offshore Nigeria in 3,300 feet of water and four miles north of the Erha field, which has been producing since 2006. The Erha North Phase 2 project includes seven wells from three drill centers tied back to the existing Erha North floating production, storage and offloading vessel, reducing additional infrastructure requirements. The project is estimated to develop an additional 165 million barrels from the currently producing Erha North field. Peak production from the expansion is currently estimated at 65,000 barrels of oil per day and will increase total Erha North field production to approximately 90,000 barrels per day.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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