Goodnews! Crude oil drilled outside Niger Delta for first time

Crude oil drilled outside Niger Delta for first time. Find out where

After twenty solid years of trial and error, crude oil has not only been discovered in Lagos State, drilling started yesterday. This brings Lagos State under oil producing States. It is also the first time oil will be found and drilled outside of Niger Delta.

The company behind the feat is Yinka Folawiyo Petroleum Co. Ltd. The company was granted an Oil Prospecting License (OPL 309) by General Ibrahim Badamosi Babangida in June 1991 as a Sole Risk Contract under the Nigerian government’s Indigenous Allocation Program. The program was put in place to encourage the development of a locally owned and operated Nigerian upstream Oil industry.

Following the acquisition of 2D Seismic data in 1994/95, and the drilling of the Aje-1 well in 1996, the Aje field was discovered. A second well, Aje-2, was drilled the following year in 1997. After the successful drilling and testing of both wells, OPL 309 was converted to Oil Mining License (OML) 113 in 1998 with an initial term of 20 years.

Oil produced from the Aje Field will be stored on the FPSO, which has storage capacity of 750,000 barrels of oil and the ability to accommodate production rates up to 40,000 barrels per day.

First oil production from the Aje Field offshore Nigeria commenced on 3 May 2016 from the Cenomanian reservoir. Flow rates will be provided following a period of commissioning and well stabilization.

The Chairman, YFP, Mr. Tunde Folawiyo, was quoted as saying “We are very proud of and appreciate the efforts, determination and commitment of the entire Aje project team, past and present; the constant support from our regulators, the DPR and Ministry of Petroleum; and our financiers. We believe this crucial support will spur us on to even greater achievements.”

Yinka Folawiyo Petroleum Co. Ltd is believed to be completely owned by local investors.
http://vanguardnigeria.org/goodnews-crude-oil-drilled-outside-niger-delta-for-first-time/

Ok

Hnmmm

That is a fake source.

The site is owned by criminals.

Bleep ND scAvengers

There's more just waiting to be discovered


Shout out to MEND, MASSOB,IPOB,Avengers , You've just been screwed


I just hope it's real news because the source is fake

ok we check later

Come here and shout our oyel again and receive slap,good things yet to happen in lagos and western region in general except ekt

Best news this year.
Let's watch and see how people from the SW will feel knowing they feed the nation and would have to deal with the attendant environmental degradation that is bound to occur.

We need to move away from oil dependence abeg. The US oil export is glutting the market already.

some region will not like this
buhari u don get my vote for another term

Which location for lagos state?They even used vanguard newspaper to post their propaganda.

There is no oil in Lagos state. Asari Dokubo say is a fraud. I go with him

TippyTop:
Best news this year.
Let's watch and see how people from the SW will feel knowing they feed the nation and would have to deal with the attendant environmental degradation that is bound to occur.

I think Ondo state is an oil producing state and its in south west. so forget about that twist

It should be good news for Nigerians not South westerners.

First time Oil is drilled outside the Niger Delta? So Orient Oil Anambra, Shell Abia and Agip Imo are what? Toy factories?

holadguy:
Come here and shout our oyel again and receive slap,good things yet to happen in lagos and western region in general except ekt

see this togolese claiming yoruba. Good things will happen in all yoruba land without excluding anywhere.

Abeg Abeg Abeg, SW has been producing oil from time immemorial courtesy of Ondo State.

It is the 2nd highest oil producing region in Nigeria. #Fact.

I hope the Ijaw pig calling himself Dokubo, that was misyarning earlier on in the week can shut up forever.

At least the good news is coming from the number 1 news media for iPod and Niger Delta Scavengers.

Thank God this is coming from No.1 iPod propaganda media, VANGUARD!!

So, where is that fat headed dumpy oaf that calls himself Asari Dumbfuck Kubo who says he gets provoked at the break of news of exploitation of oil anywhere outside the Niger Delta?? The curtains are gradually drawing on the monopoly of the ND- soon enough, the would be rid of their ability to hold the country to ransom.

This scenario was what Ben Bruce envisaged when he wrote that piece about the panacea to restiveness in the Niger Delta. He avowed that the only solution to militancy is oil exploitation on industrial scale outside the ND. Stuff seems to have come sooner than expected!


Congrats to the people of South West.


#Avengers, abeg make una keep bombing jor- nothing do una.

TippyTop:
Best news this year.
Let's watch and see how people from the SW will feel knowing they feed the nation and would have to deal with the attendant environmental degradation that is bound to occur.

Is Ondo state in North East? You are only good at insulting Buhari.

Moronic posts like this baffles me.


The ignorance and all...bloggers have taken over online contentwriting any crap from the little they understand

TippyTop:
Best news this year.
Let's watch and see how people from the SW will feel knowing they feed the nation and would have to deal with the attendant environmental degradation that is bound to occur.

sw wil feel very happy knowing they feed the nation, that suppose to be a pride to niger-deltan, but not to be destroying what give them pride

POPdecorator:
some region will not like this

buhari u don get my vote for another term

seconded. no matter the level of ipob, avenger, massob, mend and the host of other bubu you still get my next vote.

Ghf

[s]

omenka:
Thank God this is coming from No.1 iPod propaganda media, VANGUARD!!

So, where is that fat headed dumpy oaf that calls himself Asari Dumbfuck Kubo who says he gets provoked at the break of news of exploitation of oil anywhere outside the Niger Delta?? The curtains are gradually drawing on the monopoly of the ND- soon enough, the would be rid of their ability to hold the country to ransom.

This scenario was what Ben Bruce envisaged when he wrote that piece about the panacea to restiveness in the Niger Delta. He avowed that the only solution to militancy is oil exploitation on industrial scale outside the ND. Stuff seems to have come sooner than expected!


Congrats to the people of South West.


#Avengers, abeg make una keep bombing jor- nothing do una.

[/s]

Nonsense write up!!

AntiWailer:
That is a fake source.

The site is owned by criminals.

hahahahaaah! U wan use laugh tear my belle. Lols

Wasterner are masturbating oooo so upon the fake source omenka in other to exhibit his stupidity commented chai what a disgrace to human race

Wasterner are masturbating oooo so upon the fake source omenka in order to exhibit his stupidity commented chai what a disgrace to human race

The same Apc factions will still send militants to go and destroy it

It's a bad news

DaBullIT:
There's more just waiting to be discovered


Shout out to MEND, MASSOB,IPOB,Avengers , You've just been screwed


I just hope it's real news because the source is fake

You love the news of oil in yorubaland but hate the 'ipob source'. Don't you think that they want to deceive we yoruba that we have oil so that we can leave their resources and rush to Oduduwa republic only to find only 2 barrels of oil?

Unfortunately for your grandfathers , they chose liquor and captain biscuit over development and progress from sales of oil , that's why you'll never be proud of your origin , that's why you have to chose Yoruba Nickname to spite Yoruba , i would have been angry , but apparently the sense your elders did not have then can not magically come now


In the history of exploration have you ever read of any dig that produced two barrels ?

And in History of Nigeria , How many times have Yorubas gone to IPobian states to sell gala and pure water or spare parts ? Yes there are hustlers , and yes they hustle with dignity

Goat

Htwoow

JohnsonOlanre:


You love the news of oil in yorubaland but hate the 'ipob source'. Don't you think that they want to deceive we yoruba that we have oil so that we can leave their resources and rush to Oduduwa republic only to find only 2 barrels of oil?