Saddling up: in Tunisia
First oil flows from Oudna
Sweden's Lundin Petroleum and Chinese partner Sinochem have turned on the taps at the Oudna field, off Tunisia.
Production is from a single production well supported by a water injection well both tied back to the IKDAM floating production storage offloading vessel.
Initial production from natural flow is over 8000 barrels per day, but this is forecast to increase to 20,000 bpd, following the start-up of artificial lift operations. Proven and probable reserves of the Oudna field are 11.5 million barrels of oil.
Lundin and Atlantis Holding Norway, a subsidiary of Sinochem, each hold 50% stakes in Oudna field. Lundin operates the field, while Tunisia's state-run player ETAP has a 20% purchase option in Oudna which may be exercised up to 120 days from the commencement of production.