Twenty one oil wells full of crude discovered in Northern Nigeria

Oil Exploration In The North

President Buhari's administration is able to drill twenty three oil wells out which twenty one had oil in commercial quantities.

A report from NNPC confirmed the 21 oil wells. However, the state run company said the search for oul in the North has so far gulped a whooping N27 billion and $340 million.

According to NNPC, “Discoveries made in neighboring countries in basins with similar structural settings are: Doba, Doseo and Bongor all in Chad amounts to over 2 Billion barrels (Bbbls); Logone Birni in Southern Chad and Northern Cameroon, over 100 Bbbls; and Termit-Agadem Basin in Niger totals over 1Bbbls.

“Already the NNPC New Frontier Exploration Services Division which is leading the charge for crude oil find in the entire Inland Basins is acquiring 3,550 sq km of 3-D seismic data for processing and interpretation in addition to the already acquired 6000km of 2-D data that is currently being reprocessed.

“The search is not limited to the Chad Basin alone but covers extensive inquest in the entire Nigerian Frontier Sedimentary Basins.

“These basins includes Anambra, Bida, Dahomey, Gongola/Yola and the Sokota Basins alongside the Middle/Lower Benue Trough.

Read Also: How Shell, Total & Chevron stole our crude oil — FG

The attacks of the Niger Delta militants in the south of Nigeria reduced oil production and partially caused the country’s recession.

Following this upsurge in attacks, President Buhari directed the NNPC to escalate search for crude-oil in the north-east.

The administration started the long-term planned exploration of crude-oil in the north-eastern part of Nigeria.

The overall plan is to reduce the pressure on the Niger Delta region.

Source