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NNPCL, NOSL commence oil production at OML 13, target 40,000bpd

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Natural Oilfield Services Ltd. (NOSL), a partner of the Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.), has announced that crude oil production has started at Oil Mining Lease (OML) 13 in Akwa Ibom State.

This was revealed by the NNPCL in a press release that was signed by Olufemi Soneye, its communications officer. It said that 6,000 barrels of oil per day of production started on May 6, 2024, at the location.

 The business also stated that by May 27, 2024, oil output at OML 13 is anticipated to increase to 40,000 barrels per day.

Read Also: Amid Biting Fuel Scarcity: NNPCL Cautions Nigerians Against Panic buying, Says 1.5b Litres Of Petrol In Stock

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It stated, “NNPC Exploration and Production Limited (NNPC E&P Ltd.), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO), announce the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State, Nigeria.”

“The production, which commenced on the 6th of May 2024, with 6,000 barrels of oil, is expected to be ramped up to 40,000 barrels per day by May 27th, 2024.”

The company explained that the commencement of crude oil production in OML 13 signifies an intent to increase the volume of oil production in the country to meet local energy needs and propel economic growth.

Read Also: Fuel Queues Over by Wednesday, Says NNPCL

The statement further read, “The achievement does not only signify the culmination of rigorous planning and execution by the teams involved but also represents a new era of economic empowerment and development opportunities for the host communities.”

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“Furthermore, for Nigeria, the first oil from OML 13 holds some significance as it contributes to the country’s efforts to increase its oil production capacity, which is crucial for meeting domestic energy needs and driving economic growth.”

Regarding environmental and sustainability considerations, the NNPCL and its partner promised that its operations would be done in a safe and environmentally responsible manner beneficial to its host community.

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