The condensate field was discovered in April 2000 with the drilling of the first exploration well (Akpo 1) on the block. Following an appraisal drilling programme on Akpo comprising of four vertical wells, two side tracks and detailed Reservoir and Development studies, a Field Development Plan (FDP) was submitted to the Department of Petroleum Resources (DPR) for approval. The FDP proposed 44 wells including; 22 producers; 20 water injectors; and 2 gas injectors with a network of Umblicals, Flowlines and Risers connecting the Subsea Production Systems to the FPSO.
Condensate export lifting is done via a Buoy located 2 kilometers from the FPSO while the Akpo gas is transported via 150 kilometer of pipelines to Amenam/Kpono platform for onward delivery to the Bonny Liquefied Natural Gas (LNG) Plant.
Full field development is still ongoing with 38 out of 44 planned wells completed to date. First production from Akpo was achieved in March 2009 and peak production at 180,000 bpd has been achieved with over 200 mob produced to date.