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LATEST: 6 Oil Drilling Sites, Anambra Basin Now 65 Per Cent

According to the Nigerian National Petroleum Company Limited (NNPC), coordinated action is being taken to expand frontier exploration in the north.

This was stated by the corporation in a document on NNPC’s frontier exploration services activities from 2020 to 2022 that TheCable was able to obtain.

According to the report, Niger, Nasarawa, Sokoto, Borno, Yobe, Adamawa, Bauchi, and Gombe states are among the potential oil-finding states.

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The Anambra basin was named as an additional region where the NNPC is looking to locate extra oil outside of the north.

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The initial step in finding an oil and gas field is prospecting, during which seismic surveys are completed.

Here are some of the oil firm of Nigeria’s exploration highlights during the last two years.

In the 700 line kilometer (LKM) in the Sokoto basin, where crop compensation payment was finished, the NNPC document indicated that 2D seismic acquisition had been completed.

On the 600 LKM in the Bida basin, post-acquisition production has, according to NNPC, reached 70%, while acquisition efforts have been put on hold for the southern Chad basin due to unspecified reasons.

It claimed that on November 7, 2022, security approval was secured from the defense headquarters to ensure the continuation of operations on the southern Chad basin.

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In order to start operations in the aforementioned basin, NNPC said it also asked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for a waiver of the requirement for an environmental impact assessment (EIA).

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Post-acquisition work on the oil prospecting license (OPL) 813A 3D in the southern Chad basin was now 60% complete.

The 86km2 Keana west 3D seismic data in Nasarawa state was fully obtained, according to the NNPC document, but post-acquisition activities had not yet started.

Phase 13 oil prospecting is underway in Wadi, Yobe state, according to the NNPC, where a 168 km2 probable area is being evaluated.

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In Adamawa, it was reported that phase 14 of the Kinasar possibility, which covers 170 km2, and phase 15 of the Ziye potential, which covers 172 km2, are both in the Borno basin, and that both prospects have undergone a thorough assessment of their security risks.

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Additionally, it stated that although the contract agreements for phases 13 and 14 had been signed, those for phases 15 had not.

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The national oil company highlighted the advancements made in the drilling of potential well sites by announcing that six locations in the frontier basins have reached the drilling stage.

The company drilled Kolmani River 3 and finished the 13,000-foot project, which it began in April 2020, according to the paper.

The Kolmani River 4 well was also drilled by NNPC from July 2021 to September 2021. It was noted that drilling at the Chad Basin and three additional locations will shortly start.

The corporation has reportedly requested approval from the oversight committee to complete drilling the phase 8-X3 well in the Chad Basin.

A “petroleum play fairway analysis,” basin modeling efforts, and seismic interpretation were proceeding at the Anambra basin and had reached a 65 percent completion rate, according to the NNPC report.

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The Frontier Exploration Fund (FEF) was created under Section 9 of the Petroleum Industry Act (PIA), with funds from NNPC’s upstream oil and gas contracts (production sharing, profit sharing, and risk sharing contracts) allocated at a rate of 30% profit for that purpose.

The Kolmani Integrated Development Project (KIPRO), which is located on the border of the states of Bauchi and Gombe, was officially launched by President Muhammadu Buhari on November 22, 2022.

In the Gongola basin of the Upper Benue Trough, at the Kolmani field location, is the oil prospecting license (OPL) 809 and 810 known as KIPRO.

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The project’s first phase is anticipated to include an in-situ oil refinery with a daily capacity of up to 125,000 barrels, a gas processing plant with a daily capacity of up to 500 million standard cubic feet, a power plant with a maximum capacity of 300 MW, and a daily capacity of 2,500 tons of fertilizer.

 

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