NNPC is putting last touches to a comprehensive framework designed to herald the intensification of exploration activities in the Chad Basin
– According to the fresh reports, the petroleum corporation has so far drilled 23 wells, 21 of which have potential of full prospects of oil

– Nigeria engaged a British company into the exploration that is already working in the Lake Chad region to put efforts together .

Moves by the Nigerian government to build up the nations proven oil reserve through exploration of new frontiers received a fresh thrust with the news that the Nigerian National Petroleum Corporation (NNPC) as 21 oil wells out of the 23 drilled so far have potential of full prospects of oil. The report from the NNPC showed that a total of 23 oil wells have already been drilled by mining oil companies that have been involved in oil exploration in the North in the past 30 years. While only 2 of them were reportedly hit a dry run, 21 other wells were said to hold prospects of oil.
The statement from the NNPC also said that the exploration of the oil in the North has, so far, gulped a shocking sum of about N27 billion and $340 million correspondingly.



The corporation is reportedly expecting to receive more money into the quest – in compliance with the recent presidential directive to resume oil exploration in the North. The statement reads in part: “Discoveries made in neighbouring countries in basins with similar structural settings are: Doba, Doseo and Bongor all in Chad amounts to over 2 Billion barrels (Bbbls); Logone Birni in Southern Chad and Northern Cameroon, over 100 Bbbls; and Termit-Agadem Basin in Niger totals over 1Bbbls. “Already the NNPC New Frontier Exploration Services Division which is leading the charge for crude oil find in the entire Inland Basins is acquiring 3,550 sq km of 3- D seismic data for processing and interpretation in addition to the already acquired 6000km of 2-D data that is currently being reprocessed.”

“The search is not limited to the Chad Basin alone but covers extensive inquest in the entire Nigerian Frontier Sedimentary Basins which includes- The Anambra, Bida, Dahomey, Gongola/Yola and the Sokota Basins alongside the Middle/Lower Benue Trough.’’

The attacks of the Niger Delta militants in the south of Nigeria reduced oil production and partially caused the country’s recession. Following this President Muhammadu Buhari two months ago directed the NNPC to escalate search for oil in the north-east. The administration started the long-term planned exploration of crude oil in the north-eastern part of Nigeria which will reduce the pressure on the Niger Delta region. In a related development the Chief of Naval Staff Vice Admiral Ibok-Ete Ibas said the Nigerian Navy had commenced deployment of its personnel to the Lake Chad Basin Naval post to protect Nigeria’s territorial interest on the Lake bordering Nigeria and countries in the Sahel region commenced last month.

https://www.naij.com/1004228-confirmed-promising-results-buhari-nnpc-discovers-21-wells-full-oil-north.html?source=notification

If True praise thy Lord. atleast lets Dullard Buhari and his corrupt Northern men will now forcuse on Northern oil

Cool. Over to wailers

I smell "qwarrupsion"

If this is true, then Nigeria has just began the journey to her greatness

Being an NNPC spokesperson, below re 4 wells, the remaining 8 would be made public once the Presidency approves..

In Adekunle Gold's voice NA BEG I DEY BEG OHH
PAPA GOD ANSWER OUR CALL OH.
Mk oil dey there so that we can let them S.E guys go

Blue3k:
This is a bunch of maybe talk. Btw if they do find something let's restructure so they stop leaching off of productive southern regions. They remained laggard region too long.

What productive southern regions? I hope that does not include the leeches who are littered everywhere in this country but their own backyard?

Surely, not those who push stuff, puff, kidnap and steal?

Or, are you referring to those who built a substantial amount of their wealth from importing substandard products believed to be hazardous to human health?

Do not confuse hardwork with shadiness.

This is good news!

menix:
Being an NNPC spokesperson, below re 4 wells, the remaining 8 would be made public once the Presidency approves..

bros dis one no be water well?

veacea:
If this is true, then Nigeria has just began the journey to her greatness

see d kind Talk wey u dey talk if the oil Wey been don dey for ss no spark greatness Na dis one go light fire? Abeg no dey yarn anyhow

acenazt:
bros dis one no be water well?

Yes nah..
that is the only well u can find up north...

NaijaGoBetaWhen:
If True praise thy Lord. atleast lets Dullard Buhari and his corrupt Northern men will now forcuse on Northern oil

How Ironic. You call Buhari a Dullard yet you couldn't spell the word FOCUS correctly? Smh

All I see in the wells is WATER.

This is a bunch of maybe talk. Btw if they do find something let's restructure so they stop leaching off of productive southern regions. They remained laggard region too long.

.

maryjan8:
This is good news!

Good news, e be like say una get 2 well for una Yard, one for bathing nd the other for cooking...

menix:


Yes nah..
that is the only well u can find up north...

lol I would so love to see the stupefied look on your face when this becomes a reality. Keeep antagonizing

acenazt:
lol I would so love to see the stupefied look on your face when this becomes a reality. Keeep antagonizing

hahahahaha..
i just peep ur pinshure, come ee say u nah Mallam Balla...
abeg wear ur stupefied lens dey wait oo...

If true, it's a great news.
Also, we should know the kind of oil it is, if it is the low sulphur type.

good news. let buari dullard use northern oyel money to fund his budget.

Thank God!!!!!

Its no brainer that oil is waiting to also be found in the Nigerian side of the Chad Basin since the same geology extends into its already oil producing neighbouring borders. Same also applies to the Benue trough and the Sokoto/Niger axis.
Very soon the north will also be swimming in its own oil and the real hateful parasites will be silenced for good - as they are already silenced by their visible absence from this thread.

Op u mean engine oil?

manmind:
Cool. Over to wailers

u tink we ar pained by dis news far from it. as soon as oyel is discovered in d north, a new militant group - movement for d emancipation of d north (MED) will be form to clamour for northern secession from nigeria. a win win situation for IPOB.

verified

Lord please let dis be true. So that this will be the end of ONE Nigeria that happens to be a fraud.

veacea:
If this is true, then Nigeria has just began the journey to her greatness

hahahahahha u pipul ar on a long tin. u tink northern born to rule will allow oyel money from north to be shared to infidels down south watch n see, as soon as oyel is discovred in d north, they will start clamouring for secession. they will use their so called "low oyel reserve" n their wanton poverty/backwardness as excuse for wanting to leave nigeria. quote me anywia.

Don't tell me all this years you people have been storing oil from ND in 21 wells up North .

ItsMeAboki:
Its no brainer that oil is waiting to also be found in the Nigerian side of the Chad Basin since the same geology extends into its already oil producing neighbouring borders. Same also applies to the Benue trough and the Sokoto/Niger axis.
Very soon the north will also be swimming in its own oil and the real hateful parasites will be silenced for good - as they are already silenced by their visible absence from this thread.

manmind:
Cool. Over to wailers

Nobody hates this news. We happy northern region might finally stop being laggard region. Use the revenue to improve education. Next we can start restructuring towards fiscal federalism/ resource control nairalanders want.