Crude Oil output crashed to significant lows in five acreages held by Nigerian independents in the western onshore Niger Delta, in August 2021, according to field data seen by Africa Oil+Gas Report.
These acreages, operated as Joint Ventures with state oil firm NPDC, produce the bulk of the hydrocarbons in Nigeria’s western onshore as well as most of the natural gas for the country’s electricity supply.
NPDC/Neconde’s OML 42 output fell to 23,000 Barrels of Oil Per Day (BOPD), from 38,669BOPD averaged in July 2021.
NPDC/NDWestern JV grossed…Read more