Our news covers our operations, corporate social responsibility as well as other news feeds relevant to our industry
JANUARY – MARCH 2019 OPERATIONS UPDATE
DRILLING Plans are almost concluded for the drilling of the second well, (Umu West 2 development well), in the Umu Western location of the field during quarter two. Contracting process with several service contractors almost completed to ensure we meet up with the...
JULY – NOVEMBER, 2018 OPERATIONS UPDATE
DRILLING No current drilling operation. A development well is planned for Q1 2019. Plans are still ongoing to carry-out rig-less interventions on some of the well strings. PRODUCTION ACTIVITIES SunTrustOil and its Partners have completed a 2 x 40,000 barrels...
FEB – JUNE 2018 – OPERATIONS UPDATE
DRILLING No current drilling operation. Plans are still ongoing to carry-out rig-less interventions on some of the well strings. PRODUCTION ACTIVITIES Plans are ongoing to ramp up production as the new 80,000 barrels Tank Farm is nearing completion. The Tank Farm will...
JANUARY 2018 – OPERATIONS UPDATE
DRILLING No current drilling operation. Plans are ongoing to carry-out rig-less interventions on some of the well strings. PRODUCTION ACTIVITIES SunTrust Oil and its partner, sustained production operation during the month, December 2017, under review. Plans are...
SEPTEMBER 2017 – OPERATIONS UPDATE
DRILLING No current drilling operation. Plans are ongoing to carry-out rig-less interventions on some of the well strings. PRODUCTION ACTIVITIES SunTrust Oil and its partners, sustained production operation during the month, September 2017, under review....
AUGUST 2017 – OPERATIONS UPDATE
DRILLING No current drilling operation. Plans are ongoing to carry-out rig-less interventions on some of the well strings. PRODUCTION ACTIVITIES SunTrust Oil and its partners, sustained production operation during the month, August 2017, under review. Plans are...
JULY 2017 – OPERATIONS UPDATE
DRILLING No current drilling operation PRODUCTION ACTIVITIES SunTrust Oil and its partners, sustained production operation during the month, July 2017, under review. Plans are ongoing to ramp up production as reserve production capacities (RPC) with NAOC and Shell...
Operations Update
DRILLING The UMU 16 well has been successfully drilled and completed. The UMU 16 well is the first well to be drilled on the western location of the field. The well has since been put in production with a combined production of about 6000 barrels of oil per day...
Acquisition of Onshore Nigeria Oil Mining Lease 18 by Suntrust Oil Ltd.
SunTrust Oil Company, an indigenous E&P company and a 30% equity owner of OML 56 Umusadege (which assets currently produces over 22,000 bpd), strengthens its desire to become a leading oil and gas exploration and production company in Africa via the official...
The UMU 16 Drilling
DRILLING The UMU 16 well has been successfully drilled and completed. The UMU 16 well is the first well to be drilled on the western location of the field. The well has since been put in production with a combined production of about 6000 barrels of oil per day...
Umusadege Community Empowerment Initiative
SunTrust Atlantic Energies Limited ("SunTrust Atlantic") has through the management of the Umusadege field in conjunction with its Joint venture partner, identified positively with the aspirations of its host communities while contributing significantly to national...
