Tuesday 3 November 2015

Oil Producing states In Nigeria - The Facts and Figures

Oil production Figures
National Production = 1,605,000 barrels per day (One Million, 605 Thousand barrels) as at timing of report.
Current Production hovers around 2.5-2.7 Million barrels per day.
Total National Oil reserves 37.2 Billion Barrels.
Producer ranks:
1 - Akwa Ibom
2 - Delta
3 - Rivers
4 - Bayelsa
5 - Ondo
6 - Edo
7 - Imo
8 - Abia
See pictures after the cut



Note: Cross River state's former oil wells have been ceded to Akwa Ibom after boundary adjustment. (Hence the blank)

Additional Liquid and Semi-liquid Hydrocarbon resources in Nigeria (Reserves)
Nigeria has 42 Billion barrels more of oil in the form of extractable Heavy Oils, from large bitumen belts lying dormant. 




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