Njoku with Emmanuel Egbogah as Chairman, R.B. The oil block exports up two 300000 barrels of crude daily. 5. The state has a GDP of $21.073 and a per capita of $3,965 while its internally generated revenue is over N80 billion. This discovery was made by Shell D’arcy Petroleum Development Company of Nigeria, a consortium of Shell and British Petroleum then known as Anglo-Iranian. Agama with O.B. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. Royal Dutch Shell's joint ventures account for more than 21% of Nigeria's total petroleum production(629,000 barrels per day (100,000 m 3 /d) (bpd) in 2009) from more than eighty fields. Abia produces 36,000 barrels of crude oil per day.A breakdown of this reveals that Imoturu produces 23,000 barrels per day while the Isimili flow station produces over 8,000 barrels of crude oil per day. Currently, there are six petroleum exportation terminals in the country which is owned by following companies, Shell (2) Mobil (1), Chevron (1), Texaco (1), and Agip (1). List of Oil Companies in Nigeria and their Websites oil companies in Nigeria. Required fields are marked *. Ltd with M.K.O Abiola as Chairman, Folorunso Alakija wit Modupe Alakija as Chairman, F.A. The oil block is worth $20 billion dollars. Bayelsa State is one of the largest crude oil and natural gas deposits in the country. Oguta. The Conoil has six oil blocks and it exports more than 200000 barrels of crude oil on a daily basis. Read more… Terms of Use. This contrasts with the sixteen largest fields which produced 37.9% of Nigeria's petroleum at that time. Also, the state has one of the largest deposits of crude oil and natural gas in the country. The production is not evenly distributed. Braide Kombo, Banks Nigel, Clubb James, Uhuegbulem Ben, Baba Gana Abba, Ali Chris, Maseli John, Karrs Sastry, Shama Yogi, Igweze Emeka, Bashir Farouk, Ifejika Uju, Ifejika Emmanuel, Omu Paul, Otiji Igwe, Ikpeme Ita, Cardoso Tokie, Okonkwo Annie, Inua Mogaji, Mbanefo Louis, Ombu AVM, Horsfall A.K., Ukpong Uche, Ogoro Emomena, Ifejika E.I, Umar Alhaji, Ikpele A.O, Ajose Adeogun Ladi, Adesomoju Akin Alex -Duduyemi, Adewusi Adebowale, Ifode Yeletide, Gasau Ismaila Musa, John Etop, Olagbede Olufemi, Isa Abdulrasak, Saleh Danjuma, Utomvie Nyingi, Ita Princess, Okoli Ndubuisi, Kakpovie Anthony, Okpala Eugene, Idrisu Mammudu, Idrisu Lawal, Isokrari Ombo, Nzeakor Nick, Abdulsalami Abdul, Nwabudo Ignatius, Igbokwe Ken, Afejuku Anthony, Daultry Akpeti, Sagoe Kweku-Mensah, Gambo Lawan, Oshevire William, Mordi Sylvanus, Maidoh Daniel, Fatayi-Williams Babatunde, Mohammed Waziri, Emerhor Otega, Dublin-Green Winston, Mohammed Abubakar, Oduah Stella, Okafor Ugo and Baba-Ahmed Mouftah, Ikelionwu Emeka, Ohunmwangho Steve, Yar’Adua Murtala, Okudu Anthony, Bello Shamsudeen, Obaoye Michael, Monanuma, Amachree Sokeiprim, Ungbuku K.D., Bakut J.I, Chaff Kabiru, Machunga Laraba, Gwadah Bitus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenlr, Yinka Aina, Dada Thomas, Lolomari Odoliyi, Kolade Victor, Yisa Solomon, Nwasikeobi, Alechenu Emmanuel, Bello Falalu, Horsfall A.U, Aribeana Stephen, Shawley Cooker, Bello Lawal, Ene Emeka, Afolabi Ade, Coker Sam, Esiri Albert, Dibiaezue Ifeoma, Hammad Charles, Macgregor Olushola, Oando, Kingsley Ngelale, Mogaji Gambo, Slako Johnson, Anthony Dotimi, Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo, Bently John, Ciroma Musa, Odili Obi F., Du-Frayer. This article will tend to give explanations to the following topics: 1) Alhaji Mai Daribo: a Bornu Patriarch is the owner of OML 110 that has high yield. During the late sixties and early seventies, Nigeria was producing over 2 million barrels of crude oil per day and by 2010, the figured had increase to 4million barrels per day. However, some states in the south east and south west are also oil producing. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. 2) General Theophilus Danjuma is the owner of OPL 246 whose company is known aw SAPETRO. In layman’s language and using average benchmark of $100 dollars per barrel, translates to $50 billion dollars worth of oil reserve. A list of all oil fields and their current operators in Nigeria Suntrust Oil Ltd: onshore: OML: OPL 283/A: Centrica: onshore: OPL: OML 4: Seplat: … Nigeria's petroleum industry is well grounded in successful exploration, beginning with the first commercially viable discovery at Oloibiri in the Niger Delta in 1956, with a modest production rate of 5,100 barrels per day. Oloibiri Oilfield. These include the likes of Shell Petroleum Development Company, Chevron, Total Nigeria, Oando etc. This country is blessed with abundant mineral resources. 1 (201385 bytes) . Folawiyo, T.B Folawiyo with W.I Folawiyo as Chairman, S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Some of them are government officers and some are just private individuals. North East States in Nigeria: The Full List, South East States in Nigeria: The Full List, How to Avoid Feeling Sleepy When Driving in Lagos. Tinubu, O. Boyo, M.O. When you remove the taxes, royalties and sundry duties worth about 60% of the reserve payable over time you get about $20billion dollars worth of oil in the hands of a family. Ltd & Suffolk Petroleum which owns the OML 11, 41) Usman Danburran and his colleagues Alhaji Indimi operate Oriental Energy which owns OML 67, 42) Nwauche Erastus and his colleagues Onoh Anthony, Onoh Christiana, Onoh Ngozi, George Udoekong operates Eurafric Energy Limited Dawes Island which owns OML 54. Anyansho, J.N. 38) Du- Frayed and his colleagues Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo, Bentley John, Ciroma Musa preside over Sahara Energy & African Oil Ltd which own OML 40 oil well. Adelu, Yusuf N’jie and O.A. Currently, Nigeria has a total of 159 oil fields and 1481 wells in operation based on data from the Department of Petroleum Resources. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. If you explain that in layman’s language by using an average benchmark of 100 dollars per barrel and this is equivalent to $500 billion dollars worth of reserve oil. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. Petroleum in Nigeria. 26. Rivers state produces an estimated 344,000 barrels per day. Information technology is something I like to engage on. There are more oil and gas companies in Nigeria. With this, you need no one to tell you that most of the oil blocks are located in the Niger Delta region, the part known as south-south geopolitical zone. He has stakes in EBOK oil fields in OML 67, 11) Dan Etete, Abacha ‘s oil minister owns Malabu Oil that operates the oil well OPL 245. It was formed when Caverton Helicopters Limited and Caverton Marine Limited merged both companies were already operating in Nigeria in the offshore oil and gas logistics industry as at the time of this merger. Nigeria currently has over 150 oil fields and over 1400 active wells. Natural gas reserves total 165 trillion standard cubic feet (scf), including 75.4 trillion scf of nonassociated gas. 12) Peter Odili owns OPL 289 and OPL 233 and the operating firm in this oil well is Clewater Refinery and RivGas Petroleum and Gas Company which managed by OKey Ezenwa as the Vice Chairman. Itsueli, C.A. Domingo, U.R. JOMLs 26, 30, 34, 40 and 42 were acquired by Nigerian Petroleum Development Company (NPDC) which is also the operator. Orjiako as Chairman, M.O. There are 78 oil fields in this region. Nigeria and Sao Tome share this area, called the Joint Development Zone, or JDZ. Page maintained by, 77 Full List of Oil Block and Oil Well Owners in Nigeria, How To Start Petroleum Products Selling Business In Nigeria, 10 problems in Nigeria oil and gas industry and possible solutions, Top 10 Highest Oil Producing Countries in Africa. The content on the InfoGuide Nigeria is provided as general information only. Conservation of Nigeria’s Hydrocarbon Resources DPR Regulation – Address: AP House, 54/56 Broad Street, Marina, Lagos Island, Lagos. Mobil operates primarily out of the Qua Iboe Terminal in Akwa Ibom State. Nwosu, with J.O. Crude Oil Production in Nigeria increased to 1382 BBL/D/1K in January from 1174 BBL/D/1K in December of 2020. Lagos state is ranked 6th with daily production estimated at 40,000 barrels. vesting in Nigeria’s marginal oil fields. google_ad_client = "ca-pub-9755093768544960"; Some of the top oil producing States like, Akwa Ibom, Rivers, Bayelsa, Cross River Nigeria holds 37,070,000,000 barrels of proven oil reserves as of 2016, ranking 10th in the world and accounting for about 2.2% of the world's total oil reserves of 1,650,585,140,000 barrels. Shell holds most of the licenses for the wells in Abia with a focus on 50 wells that it has considered high-yield. In all, the oil producing states are Akwa Ibom, Delta, Bayelsa, Rivers, Edo, Ondo, Imo, Abia and Lagos. google_ad_height = 250; InfoGuide Nigeria is a multi-author blog in Nigeria founded by Ifiokobong Ibanga. Our aim is to provide daily living guide for Nigerians and her friends. Currently, Nigeria produces an average of 2.5 million barrels of crude oil per day which makes the country the largest producer of crude oil in Africa. Ascon. Oluokun as Chairman, L.K.O Abiola, Radio Communications Nig. 21) Sanni Bello was the Chairman of the committee of the OPL 112& 117 of the Amni Int. Categories: Oil fields by country. Crude Oil Production in Nigeria averaged 1869.95 BBL/D/1K from 1973 until 2021, reaching an all time high of 2475 BBL/D/1K in November of 2005 and a record low of 675 BBL/D/1K in February of 1983. Okoro Oilfield. 3) Colonel Sanni Bello: is owner of NOML 112 and OML 117 and his company is known as the International Petroleum Development Company. Agip operates the Brass Terminal in Brass, a town 113 kilometres (70 miles) southwest of Port Harcourt and has a storage capacity of 3,558,000 barrels (565,700 m3). 9) Atiku Yaradua and Bayero owns Intel and they have reasonable stakes in the oil and gas exploration industry of Nigeria. When Sunday taxes, royalties are removed, this field can yield up to $12 billion dollars for it’s owners. Phone no: +234 1 2600050-9; Website: www.asconoil.com; 28. Although, there are various oil producing states who boast of contributing a large chunk to the country’s economy, others like Lagos state survive based on its internal generated revenue. Koshoni, T.T. After the Biafran war in 1970, a rise in oil prices meant a period of abundance in the country and it was during this period the country joined the Organisation of Petroleum Exporting Countries (OPEC). Ihuegbu with U.J. The Group operates in the marine and aviation logistics sectors of the Nigerian oil and gas industry. 16) Alfred James Petroleum owns OPL 302 which are owned conjointly by Adewunmi Sujuade, Gone Sijuade, Cooke Sijuade, Adedeji Sijuade, Olayinka Sijuade, Adeyemi Osiyemi, Femisola Awosika with A.O Adeyinka as the Chairman. 15) Mike Adenuga owns Conoil which is the oldest indigenous oil exploration industry in Nigeria. What are the consequences of copyright infringement? 19) Ibrahim Bunu presides as the Chairman of Optimum Petroleum that opy OPL 310. Emeka Of for still has stakes in OPL 291. This oil well has a capacity of 300000 barrels of oil in capacity on a daily basis. Now let’s take a look at the oil producing states in the country. This area could contain up to, or over, 14 billion barrels of oil [citation needed]. OBE oil field has estimated over 500 million barrels of oil. Apart from its crude oil deposits, Delta is also rich in natural resources like limestone, decorative rocks, tar sand, kaolin, lignite, silica and industrial clay. After production, the next port of call is export. google_ad_slot = "9979770738"; Lulu Briggs as Chairman, S.T. Nice to meet you. Ezeuche's map is accurate because I have personally visited most of those wells.The Orashi(Abagworo's) area and Imo River area hosts most of our onshore oil. Oil Reserves in Nigeria. Some of the oil-rich local government councils in this state include Ohaji/Egbema, Oguta, Oru East, Iho, Oru West, Obowo and Ngor Okpala. The name of the operating company of this oil well is Malabu Oil & Gas Company. This website is our national observatory - an open, interactive and intuitive tool to be used by industry stakeholders for collecting and visualizing information about the Nigerian oil and gas industry. CRUDE OIL AND GAS TERMINALS IN NIGERIA Western Zone (Operations Supervised by DPR Warri Zonal Office) S/N TERMINAL TYPE PLATFORM PRODUCT CAPACITY (Bbls) OPERATOR 1 UKPOKITI Offshore FPSO Crude Oil 1,970,258 EXPRESS/SHEBA 2 EA (Sea Eagle) Offshore FPSO Crude Oil 1,479,858 SNEPCO 3 ABO Offshore FPSO Crude Oil 933,130 NAE 4 OYO Offshore FPSO Crude Oil … The nearby Ukot field was discovered in 1998 and also encountered significant net oil pay, testing at a rate of 13,900bpd. 5) Alhaji Sela Mohammed Gambo: who runs Nor East Petroleum Limited owns OML 215. I like to deal on innovative things. Initially, Shell-BP was appointed as the sole concessionaire of oil exploration in the country but other oil companies were later given exploratory rights in the onshore and offshore areas from 1960 onwards. The company was unrelenting despite the fact that it had spent 6 million pounds but was yet to find oil in commercial quantities. 6) Alhaji Aminu Cantata:_is the owner of OML 108 that is run by Express Petroleum Company Limited. Address: Agip House Plot 23 Engineering Close Victoria Island Lagos; Phone no: +234 1 2600100; 27. But many operators have gone ahead to make these fields profitable. Akwa Ibom is the highest oil and gas producing state in the country with over 500,000 barrels produced daily. The oil well has an OBE oil field that has an estimation of over 500 million oil barrels. Itsueli, O.O. B.N. This list of oil and gas fields of the North Sea contains links to oil and natural gas reservoirs beneath the North Sea.In terms of the oil industry, "North Sea oil" often refers to a larger geographical set, including areas such as the Norwegian Sea and the UK "Atlantic Margin" (west of Shetland) which are not, strictly speaking, part of the North Sea. Similarly, the 77 oil blocks issued licenses between 2005 and 2007 are yet to begin active production. On the question of the natural gas reserves, Nigeria can provide 5,300 square kilometers to the world; the biggest natural gas initiative in the country is provided by the Nigerian Liquefied Gas Company. An investor’s guide to marginal oil field acquisition prepared by the government says Nigeria has an estimated 2.3 billion barrels of crude oil reserves in over 183 fields … Distribution of oil and gas fields in the delta is shown in Fig. The state is the most recent addition to the list of oil producing states as the Federal Government approved four of the five oil-producing Aje wells in the state in 2016. The state also produces mineral resources like limestone and quarry. This was followed by Usan-2, which was located approximately two miles west of the discovery well and tested an up-dip portion of the fault block. 23) Mohammed Indimi presides over Oriental Energy Resources which owns the oil well OPL 115, 23) Mai Derive presides over Cavendish Petroleum Big Ltd which owns OPL 110, 24) Kase Lawal presides over Allied Energy Resources Big Ltd which operates OPL 120&121, 25) M.A Olokun presides over Summit Oil which runs OPL 122, 26) M.K.O Abiola presides over Summit Oil which owns OPL 205 and OPL 206, 27) Said Kuashi presides over Crown well Petroleum that owns OPL 305 and 306, 28) Module Alakija presides over Famta Oil Ltd which owns OPL 216, 29) O.B Lulu Briggs runs the oil well OPL 114, 239, 234 and 231, 30) A.B.C Orjiako presides over Zebbra Energy Limited which owns OPL 248, 31) Reggie Uduhim presides over Oil and Gas Limited that owns OPL 249, 32) David Richards, P.O Balogun, T.O Omisore, Olayiwola Fatona presides over the Niger Delta Western OPL 34, 33) Rachel Akintola, Ibukun Olawepo and their colleagues operate Oil World which owns OPL 241, 34) Appia Korang, A. Peppe, Oba Gbadebo, O.A Kpata, O. Adeyemo, M.O Osunsanya, O. Boyo, J.A Tinubu presides over Oando which owns OPL 278, 236, 35) Onoh Anthony and his colleagues, Onoh Christiana, Onoh Ngozi, George Udoekong, Nwauche Erastus presides over Eurafric Energy Limited Dawes Island which operate OML 54, 36) Unejei T, Akinro C.A and colleagues own Bicta Energy that operate Bicta Energy, 37) Ewendu Chidi and his colleagues own Platform Petroleum Limited that operate OML 38. Capital Oil Plc Notify me of follow-up comments by email. Shell owns the Forcados Terminal, which is capable of storing 13 million barrels (2,100,000 m3) of crude oil. Amaefule, P.L. Reserves of crude oil stand at 28.2 billion barrels. Your email address will not be published. But first, let’s take a look at the history of crude oil in the country. Domingo, M.O. Asuokpu/Umutu field owned by Platform Petroleum Ibigwe field by Walter Smith and Morris Petroleum Uquo field by Frontier Oil Ajapa field – Britania-U Umusadege field by Midwestern Oil and Gas, and Suntrust Obodogwa/Obodeti field by Pillar Oil to the former Military President Ibrahim Babangida is the owner of OML 115, OLDWOK Field and EBOk field. Below is a highlight of the companies and the terminals they own. Itsueli, A.E. Retrieved from " https://en.wikipedia.org/w/index.php?title=Category:Oil_fields_of_Nigeria&oldid=964206743 ". google_ad_height = 600; I am an engineer, writer and blogger. This page provides the latest reported value for - Nigeria Crude Oil Production - … Danjuma as Chairman, Magoro, J.A. Which State Has The Highest Population in Nigeria? trategy Bringing a marginal field on stream by its very definition is a task that can stretch profitability to the brink. These oil producing states include Abia, Akwa Ibom, Bayelsa, Delta, Edo, Lagos, Imo and Rivers. Nigeria and São Tomé have an agreement in which the Joint Development Authority was created to explore and produce oil in the waters between Sao Tome and Nigeria.
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