Waltersmith Petroman is hitting as many right notes as it possibly can in the ongoing multi-well campaign on Ibigwe and Assa fields in the onshore eastern Niger Delta basin.
The company has reached 10,000000Barrels of Oil Per day (BOPD) of production since mid-June 2026, having added over 8,000BOPD to the volume it was outputting when the campaign began in March 2025.
The original plan for a four well drilling campaign has grown, right in the middle of the project, to a six (6) well campaign on both Ibigwe and Assa fields. The campaign is left with two wells: one on Ibigwe and the other on Assa, to finalise. “We plan to end it in October after the final well in Ibigwe”, Abdulrazaq Isa, the company’s co-founder and chairman, said.
“Dapo Filani will take the credit. He has done an outstanding job. He developed and executed the plan”, Isa added.
Filani, a petroleum engineer who joined Waltersmith only three years ago from First E&P, has been the company’s Managing Director/CEO since January 2026, when the Isa, , Abdulrazaq surrendered the executive functions of the chairmanship.
Waltersmith’s upstream focus for 2026 includes additional infill and development drilling for both oil and gas, deep opportunity maturation as well as drilling for reserves growth. The company’s gas game is dependent on bothits operated assets, ongoing new ventures as well as farm out opportunities that are at very advanced stages.
