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RAPDC's field development plan for Oloye is proposed to be in two to three phases. The phase 1 development plan includes the re-entry of discovery well Oloye-2 and drilling of a new well, Oloye-4 to achieve a target iniia & Oloye-5 to deliver an estimated 9,000 bopd (Barrels of Oil per day) in 2024 from producing strings (in a dual completion fashion in both wells) in the prolific A and D sands.
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