World of oil and gas ///

Esso Exploration and Production Nigeria Limited, an Exxon Mobil subsidiary, has started oil production at the Erha North Phase 2 project offshore Nigeria. The Erha North Phase 2 project is a deepwater subsea development, 60 mi offshore Nigeria, in 3,300 ft of water, 4 mi north of 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 FPSO vessel, reducing additional infrastructure requirements. The project is expected to develop an additional 165 MMbbl from the producing Erha North field. Peak production from the expansion is estimated at 65,000 bopd and will increase total Erha North field production to approximately 90,000 bopd. Erha North field was discovered in 2004; initial production commenced in 2006.

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