Nigerian Nationwide Petroleum Co. Ltd. (NNPC) has put onstream Oil Mining Lease (OML) 13 in Akwa Ibom State, the third oil venture to have been began up in Nigeria in weeks.
OML 13 began manufacturing at a charge of 6,000 barrels of oil per day (bopd), anticipated to ramp as much as 40,000 bopd earlier than the top of Could, the nationwide oil and gasoline firm stated in a press launch. This can be a venture of NNPC upstream subsidiary NNPC Exploration and Manufacturing Ltd. and Sterling Oil Exploration & Vitality Manufacturing Co. Ltd. subsidiary Pure Oilfield Providers Ltd.
“[T]he first oil from OML 13 holds some significance because it contributes to the nation’s efforts to extend its oil manufacturing capability, which is essential for assembly home vitality wants and driving financial progress”, NNPC stated.
Positioned onshore oil-rich Niger Delta, OML 13 spans 1,987 sq. kilometers (767.2 sq. miles), in line with info from the Nigeria Upstream Petroleum Regulatory Fee.
NNPC and its companions not too long ago put on-line the Madu subject and returned the Awoba subject into manufacturing, including a mixed 32,000 bpd to the West African nation’s output capability. Each are additionally within the Niger Delta.
Madu is predicted to common 20,000 bpd, NNPC stated in a information launch April 19, 2024. It’s a part of Oil Mining Lease (OML) 85, an space in shallow waters off Bayelsa State operated by FIRST Exploration & Petroleum Growth Co. Ltd. (FIRST E&P).
“Madu Oil Subject has vital oil, gasoline, and condensate assets in multiple-stacked reservoirs”, FIRST E&P stated in a separate announcement. It sits 23 kilometers northwest of the Anyala subject underneath OML 83, which can be held by the NNPC-FIRST E&P three way partnership. FIRST E&P operates each licenses with a 40 % working stake.
FIRST E&P expects Madu and Anyala to ramp as much as a mixed 60,000 bpd. The 2 fields are estimated to carry 581 million inventory tank barrels of oil and 1.11 trillion cubic toes of gasoline, in line with info from the operator’s web site.
In the meantime, Awoba restarted manufacturing at an preliminary charge of 8,000 bpd, NNPC stated in a media launch Apil 23. Manufacturing is predicted to scale as much as as a lot as 12,000 bpd inside a number of weeks.
“Apart from the latest begin of manufacturing on the Madu Subject by the NNPC Ltd/First E&P JV, the corporate has achieved the restart of manufacturing at OMLs 29 and OML 18 in late 2023 which have steadily contributed a mean of 60,000bpd to the nation’s manufacturing output since their restart”, NNPC stated saying the Awoba restart.
Awoba, operated by Newcross Exploration & Manufacturing Ltd. by means of OML 24, shut down February 2022 “on account of evacuation points and crude oil theft”, whereas its final provide to the Bonny oil and gasoline terminal was in 2021, NNPC recalled. The OML 24 space is within the mangrove swamp south of Rivers State’s Port Harcourt, the place a refinery processes oil from the terminal.
Awoba is predicted to “considerably enhance gasoline provide to the facility sector and different gas-based industries”, NNPC stated.
Oil provide to the Port Harcourt refinery not too long ago resumed, when Shell Petroleum Growth Firm of Nigeria Ltd. delivered 475,000 barrels, as introduced by the Shell PLC subsidiary February 12, 2024.
“The crude provide resumed early within the yr after a chronic outage of over 5 years, throughout which period the refinery underwent rehabilitation and integrity actions on its provide pipeline from the terminal”, Shell stated on the time.
The refinery has a complete crude distillation capability of 210,000 bpd at two vegetation, in line with on-line info from the Bureau of Public Enterprises in Abuja.
The brand new startups are a welcome improvement amid experiences of panic shopping for for petrol in Nigeria. Final week NNPC assured it had sufficient shares of premium motor spirit (PMS) for over 30 days with greater than 1.5 billion liters.
“In filling stations monitored throughout a number of states, together with Lagos and the FCT [Federal Capital Territory], the queues have since thinned out, a improvement that may preserve enhancing each day in different states”, NNPC stated in a press release Could 7.
“The NNPC Ltd can be collaborating with related downstream companies, such because the Nigeran Midstream & Downstream Petroleum Regulatory Authority, labor unions within the sector and safety operatives to deal with hoarding and different unwholesome practices”, NNPC added.
To contact the writer, e-mail jov.onsat@rigzone.com