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Africa's largest offshore field, Elf's Girassol lays in Angola's deepwater Block 17. Congo's productive Haute Mer province. For a second year in a row, the handsdown most exciting offshore play in the world today is West Africa's Gulf of Guinea, which has outpaced all predictions and become the darling of both major operators and independents. And rightly so - its level of activity has equaled if not exceeded that of the world's most active plays over the past year.

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Drillmar 1 drilling Nigeria's Oyo Field.

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Oil & Gas Map of Nigeria OilMapNG.com is an independent initiative to monitor the Oil & Gas industry of Nigeria promoting transparency and accountability in decision making and investment. This website is our national observatory - an open, interactive and intuitive tool to be used by industry stakeholders for collecting and visualizing information about the Nigerian oil and gas industry.
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Oil prices also resulted in limited focused on strengthening infrastructure and employment, have spurred economic development. A rising star amongst global developing countries, Nigeria has been seen as an attractive destination for long-term investment. In addition, revenues and taxes from the oil and gas sector have been providing.

For a second year in a row, the handsdown most exciting offshore play in the world today is West Africa's Gulf of Guinea, which has outpaced all predictions and become the darling of both major operators and independents. And rightly so - its level of activity has equaled if not exceeded that of the world's most active plays over the past year.

Most of West Africa's governments have realized the wisdom of ending the political, social, and economic unrest that so long characterized the region, and have gotten down to the business of producing hydrocarbons from their vast resources. An atmosphere conducive to exploration and development has been fostered, and it is paying off in the nines. From the westward thrust of nations along the northern Gulf of Guinea, to the frontiers of South Africa, discoveries have been made not only in the traditional venues, but in totally new locales, and over the course of 1996, deepwater aquatories from Nigeria to Namibia have proven themselves very prospective - and have been attracting operators as a result. In 1995, there were 24 commercial discoveries offshore West Africa, three times that of 1994, but seven short of 1996's list. And, of those discoveries proven during the past year, several may be West Africa's largest offshore elephants.

The migration to the Gulf of Guinea that began in 1995, mostly from the Gulf of Mexico and North Sea, has slowed - primarily because these two areas are also sharing in the boom - but continues nevertheless. Most of that migration has been to Nigeria, Gabon, Congo, and Angola, drawn by new deepwater and frontier concessions and terms that have been improved considerably.

NIGERIA - Despite its reputation as the most dangerous place on earth to do business and the continued arbitrary rule of General Sabi Abacha, of graft and corruption beyond measure, Nigeria's offshore petroleum industry has hardly been affected. A boycott of Nigerian oil was being talked up last year as was sanctions against doing business with countries that continually violate their citizens' basic human rights, but naturally nothing of the sort materialized.

Nigeria's offshore production was approximately 2 million b/d oil last year, its offshore reserves holding steady at 17.5 billion bbl. To sustain that level of production as well as improve the environment, the government has decided to begin a genuine effort at capturing the wasted gas it has been flaring for so long. The country has an estimated 106 tcf of proven gas and another 45 tcf in recoverable gas reserves, making it the world's ninth largest in gas reserves. The Nigerian Gas Company has been made responsible for gas gathering, treatment, and transmission.

Tomodachi life personality quiz. Nigeria is also launching a program to maximize oil production from its undeveloped marginal fields, approximately 800 million bbl oil reserves are in such Niger Delta fields. Plans are to emulate the marginal fields programs of the North Sea and Venezuela.

Not a small role in increasing offshore production will likely be played by the almost certain development of Nigeria's deepwater province, as well, where several significant discoveries have been made recently by Shell - the very large Benga Field in almost 4,000 ft water depth and another as-yet-unnamed structure in OPL 212 - and by the Statoil/BP Alliance - Oyo Field at over 1,000 ft water depth in OPL 210 - indicating the high prospectivity of the province. Exxon is believed to have had a major find of its own , but no other information is available at this time. Extensive 3D seismic is ongoing throughout the Nigerian deepwater area by all the leaseholders.

The NGO Field discovered by Abacan Resources, straddles Blocks 237 and 469, and has flowed 23,070 b/d high grade crude and condensate. Located in the shallow waters of the Niger Delta, the field began production at 50,000 b/d. Another major field, Mobil's Kpono West Field discovery, has tested 17,000 b/d. The NNPC-Mobil joint venture lies in just 150 ft water. It is the latest in a series of major discoveries Mobil has made in Nigerian waters.

The Kpono Fields and Elf's Amenam Field with 650 million bbl reserves have been unitized, but the two operators are arguing over the split - Elf is arguing that 80-90% of the field is within its concession and that it has been more successful with its four wells than Mobil has with its three. Mobil has countered with its experience and ability to tie into its Ekpe Field for easier and less expensive development. Negotiations are being refereed by the Nigerian Dept. of Petroleum Resources. The divine feminine mac miller lyrics.

Other notable discoveries have been Ashland's Okwori South 1 in OPL90, which tested 6,184 b/d oil, and Atlas Petroleum's Ejulebe Field, which has tested 6,000 b/d oil. The latter lies just three km from Chevron's Mefa Field and will likely be produced through the Chevron facility.

Recently, NNPC, fearing US sanctions against Nigerian crude, has decided to diversify its concession holders. New exploration and production awards are set to go to several Asian and perhaps a South African company. The state oil company has made a reasonably successful effort to reduce its billion-dollar debt to foreign oil company joint venture partners. Its two huge involvements, the giant Nigeria LNG export project with Shell, and the Mobil-led project to reduce flaring of the estimated 2.5 bcf/d gas, are ongoing. With costs set now at US$4.5 billion, the LNG project will probably be coming on stream in 1998-99. And the gas will continue to be flared at least through next year.

ANGOLA- Though the country has a long way to go in overcoming its long and bitter and very destructive civil war,