Total back up and running at Akpo following drillship accident offshore Nigeria

By Phaedra Friend Troy

French oil producer Total (NYSE:TOT) has recommenced production from its Akpo natural gas and condensate field offshore Nigeria following an accident aboard a drillship working on the field, according to a report from The Wall Street Journal.

An accident aboard Transocean’s (NYSE:RIG) Jack Ryan drillship threw three crew members overboard on July 31. Two have been rescued; another remains missing.

“The incident led to a precautionary temporary stop of a small portion of the installation,” a Total spokesperson told Dow Jones Newswires. “There was no significant impact on production.”

An ultra-deepwater drillship, the GSF Jack Ryan is capable of drilling in waters up to 10,000 feet deep. The rig can accommodate up to 150 staff.

Located on OML 130 in the deepwaters offshore West Africa, Akpo is operated by Total, which holds 24 percent interest in the project. Partners include Nigerian National Petroleum Corporation (NNPC), Sapetro, CNOOC and Petrobras.

The massive field boasts proved and probable reserves estimated at 620 million barrels of condensate and more than 1 trillion cubic feet of gas. Brought on-stream in 2009, the Akpo development includes 44 subsea wells connected to the Akpo FPSO.



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