Community Empowerment
Community Empowerment

Status of Oil and Gas Wells

OML-11 is the only producing asset in Abia State from Imo River, Isimiri and Oza fields. The rest of fields classified as partially appraised are all capped at their wellheads with no further development activities since their discoveries. Given its long production history, technically, OML-11 is now a matured oil block, with most of the

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Community Empowerment

List of Oil and Gas Companies in Abia State

As of the time of this exercise, only three oil and gas companies own assets in Abia State: NNPC Exploration and Production Limited, NEPL, Millenium Oil and Gas Limited and Monipulo Limited as shown in table 1.  Of the three companies, only two – NEPL, and Millenium are in operations, while Monipulo have not commenced

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Community Empowerment

Nigerian Oil and Gas Prospects and Projections

Nigeria currently holds about 36.91billion barrels of crude oil and 209.5 trillion cubic feet of gas as reserves, which translates to 15% of Africa’s oil reserves and 16% of its gas. The Federal Government targets to achieve 40 billion barrels of oil reserves by 2025, and 220 tcf by 2030. (DPR, 2021). Nigeria also has

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