Petralon Energy has recently brought the DI-3 well online at the Dawes Island oil field in Nigeria, raising field production to approximately 4,800 barrels per day. This marks the company’s second production well since the asset first achieved oil output at the end of 2025.
According to the company, the DI-3 well has added about 2,800 barrels per day to field production as part of Petralon’s phased redevelopment plan for the field, following the start‑up of the DI-2 well in October 2025.
Dawes Island is located in the eastern Niger Delta, about 15 kilometers from Port Harcourt. When Petralon acquired a 100% working interest in the asset through its subsidiary Petralon 54 in 2021, the field was not yet in production. The field covers an area of approximately 46 square kilometers and is estimated to contain 17.6 million barrels of recoverable oil.
According to the company, more than 350,000 barrels of oil have been exported from the field via the Bonny oil and gas terminal, which is about 30 kilometers away.
Ahonsi Unuigbe, Founder and CEO of Petralon Energy, said: “Our success at Dawes Island is built on the belief that Nigerians can acquire, develop and operate world-class energy assets. After DI-2, the easy thing would have been to pause, but the determination and resilience of every member of the Petralon team pushed us forward, and DI-3 is the result of that effort.”
Petralon stated that the DI-3 well was completed with zero lost-time incidents, representing another step forward in the company’s long-term development plan for the field and its broader upstream growth strategy in Nigeria.
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Post time: May-14-2026