The Federal Government, through the Department of Petroleum Resources (DPR, yesterday, said it will sanction any of the 48 crude oil producing companies in Nigeria that fails to submit its daily report on production and export to the National Production Monitoring System (NPMS) portal domiciled with the regulatory agency. NPMS is an online platform to […]

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Cumulative output from Deepwater is 3.2 billion barrelsOil production from Nigeria’s deepwater province is currently 850,000 barrels per day, representing 40.47 per cent of the total production of 2.1 million barrels per day.“Currently, total production is 2.1 barrels of oil per day (bpod) while deepwater is production is 850 bopd. Cumulative deepwater production as at […]

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Nigeria’s gas reserves increased by 7.3 percent from 187 trillion cubic feet (tcf) to 200.79 tcf, according to the Director of the Department of Petroleum Resources (DPR), Mordecai Ladan. He stated this at a technical workshop with the theme: “Gas Utilisation in Nigeria: Challenges, Opportunity and Outlook,” organised by Society of Petroleum Engineers (SPE), Lagos branch, […]

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The Nigerian Content Research and Development Council (NCRDC) was launched by minister of state for petroleum resources, Emmanuel Kachikwu. The council which is expected to advise the Nigerian Content Development and Monitoring Board (NCDMB) on matters relating to research, development and innovation for the oil and gas industry. Kachikwu described the Nigerian Content Research and […]

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