NNPC Limited has recently revealed its plan to commence drilling for crude oil in Nasarawa State, beginning on March 21, 2023. This announcement was made by Mele Kyari, the Group Chief Executive Officer of NNPC Limited, during a meeting with the state Governor, Engr. Abdullahi Sule, in the capital city of Lafia.
During the meeting, Kyari explained that exploration is always a tedious activity which involves data gathering and testing. He highlighted the fact that NNPC has established a petroleum environment technically. He said:
“We have seen a great potential for finding hydrocarbon in Nasarawa State. To confirm this, we are going to start drilling on the 21st of March, 2023. We are very optimistic that it will be a successful exercise.
“It will not end there, once we find oil we will do further work, we will develop it and everybody will benefit from it, not just the communities around it but also the whole of Nasarawa state and the whole of the country.”
In April 2022, there was an announcement that a group from the Nigeria National Petroleum Corporation (NNPC) had initiated the procedure of drilling a modified well to increase the production of oil in the state. Later, the NNPC indicated that seismic acquisition for Oil Prospecting License (OPL) 813A, Keana West in Nasarawa state, had been carried out and security assessment had been completed. The NNPC has also obtained 3D seismic data in Keana and final deliverables have been reportedly received.
On January 13, during an official visit by the Governor of Nasarawa State, Engr. Abdullahi Sule, to the NNPC office in Abuja, Mele Kyari mentioned that exploratory activities had indicated the presence of a considerable amount of oil in the state. He also mentioned that NNPC is prepared to carry out the required work to discover the hydrocarbon resources in the region. he said: “This work must be done very fast because the whole world is walking away from fossil fuels due to the energy transition, the earlier you go to market, the better for you. Otherwise, 10 years from now, no one will agree to put money in the petroleum business unless it comes from your cash flow.” The newly discovered oil in Nasarawa will boost Nigeria’s oil production output especially as the country has been recently unable to meet up with its OPEC production quota. It is not projected however to affect the prices of AGO/MGO
Source: Nairametrics, Oriental news
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