NNPCL, Subsidiary record first oil production in OML 13 in Akwa Ibom

NNPC Exploration and Production Limited’s flagship upstream Subsidiary, in conjunction with Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO), proudly announced the commencement of successful oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State, Nigeria.

The disclosure was made by NNPC E&P Ltd’s spokesperson, Olufemi Soneye, in a statement released on Sunday.

Commencing on May 6, 2024, with an initial output of 6,000 barrels of oil, production is projected to escalate to 40,000 barrels per day by May 27, 2024.

This milestone marks a significant achievement in the collaborative efforts of NNPC E&P Ltd and NOSL, demonstrating their commitment to propelling growth and progress in Nigeria’s oil and gas sector, an integral part of the nation’s economy.

The successful oil flow from OML 13 not only reflects meticulous planning and execution by the teams involved but also heralds a new era of economic empowerment and development prospects for the local communities.

Moreover, the inauguration of oil production from OML 13 holds strategic importance for Nigeria, contributing to efforts to bolster the country’s oil production capacity, vital for meeting domestic energy demands and fostering economic advancement.

The partnership between NNPC E&P Ltd. and NOSL underscores a dedication to conducting operations in a safe, environmentally responsible manner that benefits the neighboring communities.

This development occurs amidst endeavors to enhance crude oil production across the country. Notably, according to the Organization of Petroleum Exporting Countries’ March oil report, Nigeria’s production dipped to 1.23 million barrels per day in March.