Author: bomuo

For an LNG project, 10 million cubic meters per day of production is universally seen as the minimum requirement to start an LNG project. When a discovery is made, it becomes necessary to decide on the optimal number of wells to be drilled to befit development costs and consumption needs of the market. On average each natural gas well can flow at a rate of about 75 MMscf/D

License granted by the state to enable the license holder to produce hydrocarbons in his lease

An installation from which development wells are drilled and that carries all the associated processing plants and other equipment needed to maintain a field in production

Energy consumed in the production of each unit of oil and gas