NPDC grosses about 200,000 BOPD, as year ends

The operating arm of Nigeria’s state hydrocarbon company delivered gross production of 191,025 Barrels of Oil per Day (BOPD) in mid-December 2013, a higher figure than the November 2013 production which averaged 173,000BOPD.

The increase of 18,000BOPD came from one field: Kokori field in Oil Mining Lease (OML) 30, which increased from 26,000BOPD to 44,000BOPD. Nigeria Petroleum Development Company (NPDC) holds equity in 10 producing fields in the western onshore and south eastern offshore parts of the Niger Delta, most of them recent divestments from Shell Nigeria. NPDC is operator in seven out of those fields, and its overall net production was 130,319BOPD for the period.

– See more at: http://www.vanguardngr.com/2014/01/npdc-grosses-200000-bopd-year-ends/#sthash.TdqxL0Zq.dpuf

About Author: Integrity Org

Integrity Organization is committed is an anti-corruption, research and advocacy organization. Its activities are centered on the aim to reduce the tolerance for corruption in Nigeria.

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