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Nigerian independents producing 16% of national output

Nigerian Independents Producing 16% Of National Output

Nigerian independents produce over 400,000BOPD gross, which is at least 16% of national output, and this is extremely conservative, according to Africa Oil+Gas Report.

In the month of July 2017, six Nigerian independents, in Joint Venture with NNPC, pumped some one hundred and sixty nine thousand barrels of crude oil a day (169,000BOPD) gross through the TransForcados system in the Western Niger Delta. Three other such indigenous companies, also JVs with government, collectively delivered on average 182,000BOPD (gross) through the Nembe Creek Trunkline in the Eastern Niger Delta.

That means that nine Nigerian companies grossed 351,000BOPD in July 2017. These companies include Aiteo/NNPC Joint Venture, Seplat /NPDC Joint Venture, Eroton/NNPC Joint Venture Shoreline /NPDC Joint Venture, NecondeNPDC JV, Newcross/NNPC Joint Venture as well as NDWestern/NPDC, Elcrest/NPDC and FHN/NPDC Joint Ventures, On top of these, four non JVs, including Conoil, Amni, Midwesternand Oriental, produced over 60,000BOPD collectively.

The post Nigerian Independents Producing 16% of national output appeared first on Energy News | Oil and Gas News.

This post first appeared on Energy Mix Report, please read the originial post: here

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Nigerian independents producing 16% of national output


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