The only operated Marginal Field at the time of this report in the State is Oza field in OML-11, jointly owned by Millenium Oil and Gas Limited (60%) in Joint venture with Hardy (20%) and Emerald (20%). The field is being operated under a Risk Service Agreement, RSA, by Decklar Resources. This exercise has also
Table 10 presents unallotted or open oil blocks that cuts across Abia State geographical boundaries. S/N NAME OF COMPANY CONCESSION HELD TYPE OF CONTRACT EXPIRATION DATE GEOLOGICAL LOCATION 1 OPEN OPL 207 OPEN OPEN Onshore 2 OPEN OPL 208 OPEN OPEN Onshore 3 OPEN OPL 910 OPEN OPEN Onshore 4 OPEN OPL 911 OPEN OPEN
Table 8 summarizes the oil resources as of 2020 for assets in OML 11.
The existing gas supply facilities within the Abia State are: Osmosis Lubricant and Oil Umuahia
The main crude oil processing stations-flow-station within in Abia State are those in Imo River, Obigbo North, Isimiri operated by NEPL and Oza in OML 11. Imo River Field which straddles Abia and Rivers states has five flow stations, a gas compressor station and several kilometres of pipelines among other faculties. Oza crude is produced
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
The search for oil in Nigeria started about 1908 when the Nigerian Bitumen Co. & British Colonial Petroleum commenced operations around Okitipupa which was truncated because of the first world war. Thereafter D’Arcy Exploration Company and Whitehall Petroleum attempted some exploration works but due to lack of commercial discovery, both companies surrendered their licences in 1923.
Abia State is one of the nine (9) oil and gas producing states in Nigeria and a member of the Niger Delta Oil and Gas Producing Region, under Niger-Delta Development Commission (Establishment etc) Act 2000 Act No 6 Laws of the Federation of Nigeria. As a member of this elite club, the State has the
Generally, the oil and gas industry is structured into three main streams, the Upstream, the Midstream, and the Downstream as depicted in Figure 9. The Upstream industry, also known as the Exploration and Production sector (E&P) finds and produces crude oil and natural gas using specialized technologies to search for and eventually win and cart away
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