Suntrust Oil Company


Description

SunTrust Oil Company Nigeria Limited was incorporated on April 4, 2001. SunTrust is an Oil Exploration and Production Company with a focus on West Africa and the Gulf of Guinea as its core production areas.

SunTrust is headquartered at No. 93A Eti-Osa Street, Dolphin Estate, Ikoyi – Lagos and has operations across Nigeria.

In March 2003, the Government of Nigeria awarded SunTrust a 30% interest in OML 56 (Umusadege), located in Delta state. SunTrust is working with its partner, Midwestern Oil & Gas to develop the field.

In April 2008, the Joint Venture commenced production in the field.

The current production volume status from the Umusadege field is 10,000 barrels oil per day “bopd” but the field has been tested to a 15,000bopd. This production is from four wells and we are currently drilling well 8, from which we anticipate an increase in drilling production upon its completion.


Latest Suntrust Oil Company News

Mart Resources operations and January 2015 production update

Umusadege field production averaged 17,050 barrels of oil per day during January 2015 based on calendar days; average field production based on production days was approximately 18,070 bopd during January 2015. Total production from the Umusadege field in January 2015 was approximately 528,560 barr... Friday, March 6, 2015

Umusadege Field averages 18,505 bopd in December 2014

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Limited (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for December 2014 and other operations. December 2014 Aggregate Production... Monday, February 2, 2015

Initial flow test rate results for UMU-13 well from Mart Resources

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Limited (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to announce initial flow test rate results for the UMU-13 well at the Umusadege field in Nigeria. UMU-13 Initial Flow Test Resul... Friday, January 9, 2015

Oil flow commences through Umugini pipeline

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide the following update on Umugini pipeline operations. Oil flow has commenced through the 51-kilometer long Umugini pipeli... Thursday, December 4, 2014

Mart Resources UMU-3 Well flow test results and drilling update

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide the following updates on Umusadege field drilling and flow testing operations. UMU-3 Side-Track Horizontal Initial Well ... Friday, July 25, 2014

All Suntrust Oil Company News
Popular Headlines View all
Latest Opinion View all
Join 80,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile
OilVoice Training All upcoming

About

OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Newsletter

Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Phone: +44 207 993 5991
Contact Us


Stay Connected


2015 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us