Shell discovered 1.5tcf of gas, 42mln brrls of oil reservoirs in Eastern Nigeria

14 out of 20 people arrested by police in connection with the fuel heist have been charged over the theft of gas oil valued at almost S$6.5 million.

05 December 2018, Lagos — Shell Nigeria has discovered 1.5 trillion cubic feet, tcf, of gas and 42 million barrels, mb, of condensates in the shallow and deep reservoirs onshore Eastern Nigeria in the last four years, report says.

The discovery was made following a four-year campaign by the company between 2014 and September 2018 at the Gbaran-Kolo Creek-Epu field areas.

It was learnt that the discovered gas will, on production, be sold to the Nigeria LNG Limited, NLNG, for use in the 22 million tonnes per annum NLNG plant in Bonny, Rivers State, while part of it would be sold in the local market, and the rest, exported.

Revelation of the Shell discovery came in the course of several technical sessions at the recent annual conference and exhibition of the Nigerian Association of Petroleum Explorationists, NAPE, in Lagos.

The four-well campaign in the Gbaran-Kolo Creek-Epu field areas was targeted at unlocking the reserves that were located deeper than normal hydrostatic pressure in the area.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.