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Oil Exploration In The North Would Continue Until The Product Is Found - NNPC - Politics - Nairaland

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Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by miteolu(m): 2:22pm On Apr 05, 2019
Group Managing Director of the Nigeria National Petroleum Corporation, (NNPC), Dr. Maikanti Baru, has said oil exploration in the North would continue until the commodity is found. Native Reporters has learnt.

Baru said this would enable the NNPC do massive appraisal of the discovery of gas reserves, made in 1999 in the region.

The NNPC GMD, who was in Kaduna for the 40th edition of the Kaduna International Trade Fair, said the Corporation is working on the Kolmani River 2; with optimism and high expectation. He said President Muhammadu Buhari had personally urged the Corporation to go back to exploration on the Kolmani River 2 Well, and that drilling has been going on smoothly. He said that as at Wednesday morning, the Corporation has dug 10,075 feet deep well with a target to reach 14,270 feet exploration.

 “The main purpose of this well is to start some massive appraisal of the discovery that was made way back in 1999 of some gas reserves in Kolmani River 1 and, so far, the drilling has been going on smoothly to enable exploration.

“We will do the needful. If we need to probe any particular section, we will take our time to do it.

“Our target date is to see that by the end of May, we complete exploration on that particular well and move to Kolmani River III, which site is almost ready for the rigs to move there and from there, we move to other locations,” he said.

Earlier, the GMD said that provides an opportunity for stakeholders and long term exhibitors like NNPC to take stock of their participation through the years, with a view to consolidating on areas of strength, while working on avenues for improvements.

Dr. Baru said the loss of agriculture to crude oil exploitation has retarded local industries that feed on agricultural produce as feedstock, prominent among which were the textiles industry, as well as tanneries in the North.

Meanwhile, Baru has said there were no plans to increase the price of petroleum products for now.
He said even though there is an agency saddled with the responsibility of fixing petrol price, President Muhammadu Buhari has said there would be no increase in the pump price of petroleum products for now.

In the last four decades, the NNPC has invested about $3billion in crude oil exploration activities in northern Nigeria. However, the investment has failed to yield any positive dividend, as the state-owned oil firm is yet to strike hydrocarbons in such commercial quantity for exploitation activities to commence. While some Nigerians see the continuous investments in the search for crude oil deposits in the north as a waste, those in favour of the search remain optimistic.

http://www.nativereporters.com/oil-exploration-in-the-north-would-continue-until-the-product-is-found-nnpc/

2 Likes 1 Share

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Mahsums: 2:30pm On Apr 05, 2019
Our oyel is being pumped underground to the north
We will not take it grin

42 Likes 1 Share

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by richidinho(m): 2:34pm On Apr 05, 2019
why not kukuma force God at gun point to deposit crude oil there?

ewu gambia

377 Likes 28 Shares

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Nbote(m): 2:36pm On Apr 05, 2019
U ppl shld continue digging until u discover China... Mofos

224 Likes 16 Shares

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by stephleena(f): 2:38pm On Apr 05, 2019
Nigeria would have a been a thing of the past if the northerners, had the resources South owns. they wouldn't have shared with khafirs.

Even if they're the ones enjoying the greater chunk of the oil proceeds, they still remain poverty stricken.
Sad arid region.

255 Likes 12 Shares

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by stephleena(f): 2:39pm On Apr 05, 2019
Mahsums:
Our oyel is being pumped underground to the north
We will not take it grin
Lol..it's very very possible

36 Likes 1 Share

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by miteolu(m): 3:36pm On Apr 05, 2019
hmm

1 Like

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Sirjamo: 3:48pm On Apr 05, 2019
stephleena:
Nigeria would have a been a thing of the past if the northerners, had the resources South owns. they wouldn't have shared with khafirs.

Even if they're the ones enjoying the greater chunk of the oil proceeds, they still remain poverty stricken.
Sad arid region.
I agree with what you said in the first paragraph, while you got it all wrong in the second.

The south south enjoys far more share of it oil proceeds, but corruption is taking a significant portion of it.

38 Likes 6 Shares

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Nobody: 3:48pm On Apr 05, 2019
Mission impossible.

8 Likes 1 Share

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by yanabasee(m): 3:53pm On Apr 05, 2019
God give them oil, so that they will now agree to divide Nigeria and take their Herdsmen and Boko Haram to their Arewa republic...

130 Likes 6 Shares

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Lee84: 3:59pm On Apr 05, 2019
The North has no potentials for Hydrocarbon. why are the wasting our resources.

50 Likes 4 Shares

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by T9ksy(m): 5:10pm On Apr 05, 2019
And when the product is found maybe then the North will be okay with each region managing her own resource.

Tbh , the North owns Nigeria................and all therein until...............

11 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by cjrane: 5:21pm On Apr 05, 2019
miteolu:
Group Managing Director of the Nigeria National Petroleum Corporation, (NNPC), Dr. Maikanti Baru, has said oil exploration in the North would continue until the commodity is found. Native Reporters has learnt.

Baru said this would enable the NNPC do massive appraisal of the discovery of gas reserves, made in 1999 in the region.

The NNPC GMD, who was in Kaduna for the 40th edition of the Kaduna International Trade Fair, said the Corporation is working on the Kolmani River 2; with optimism and high expectation. He said President Muhammadu Buhari had personally urged the Corporation to go back to exploration on the Kolmani River 2 Well, and that drilling has been going on smoothly. He said that as at Wednesday morning, the Corporation has dug 10,075 feet deep well with a target to reach 14,270 feet exploration.

 “The main purpose of this well is to start some massive appraisal of the discovery that was made way back in 1999 of some gas reserves in Kolmani River 1 and, so far, the drilling has been going on smoothly to enable exploration.

“We will do the needful. If we need to probe any particular section, we will take our time to do it.

“Our target date is to see that by the end of May, we complete exploration on that particular well and move to Kolmani River III, which site is almost ready for the rigs to move there and from there, we move to other locations,” he said.

Earlier, the GMD said that provides an opportunity for stakeholders and long term exhibitors like NNPC to take stock of their participation through the years, with a view to consolidating on areas of strength, while working on avenues for improvements.

Dr. Baru said the loss of agriculture to crude oil exploitation has retarded local industries that feed on agricultural produce as feedstock, prominent among which were the textiles industry, as well as tanneries in the North.

Meanwhile, Baru has said there were no plans to increase the price of petroleum products for now.
He said even though there is an agency saddled with the responsibility of fixing petrol price, President Muhammadu Buhari has said there would be no increase in the pump price of petroleum products for now.

In the last four decades, the NNPC has invested about $3billion in crude oil exploration activities in northern Nigeria. However, the investment has failed to yield any positive dividend, as the state-owned oil firm is yet to strike hydrocarbons in such commercial quantity for exploitation activities to commence. While some Nigerians see the continuous investments in the search for crude oil deposits in the north as a waste, those in favour of the search remain optimistic.

http://www.nativereporters.com/oil-exploration-in-the-north-would-continue-until-the-product-is-found-nnpc/


Then they can kindly take their oil and leave Nigeria in peace.

8 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by SLAP44: 5:24pm On Apr 05, 2019
T9ksy:
And when the product is found maybe then the North will be okay with each region managing her own resource.

Tbh , the North owns Nigeria................and all therein until...............

Until Tinubu stops selling the SW to the north

37 Likes 1 Share

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Turantula(m): 5:29pm On Apr 05, 2019
Let me hear that a litre of crude oil was discovered in that God-forsaken, barren North. Else they are drilling for groundnut oil or maybe palm oil

42 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by MrSix: 5:56pm On Apr 05, 2019
Abi


Check my signature
Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Chinashopping84: 5:57pm On Apr 05, 2019
waste of money..get your chinese yuan with us at a lower rate.siggy for more.
Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by jetz(m): 5:57pm On Apr 05, 2019
Oil dat will soon expire

8 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Ozinback: 5:58pm On Apr 05, 2019
...until fowl grow teeth.

7 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by HigherEd: 5:58pm On Apr 05, 2019
Lol this is just ridiculous. Looking for crude oil in the North is like looking for snow in the sahara desert.

23 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by kaen1317: 5:58pm On Apr 05, 2019
Amen. I hope it's found so the biafrans can go

7 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Benosky011(m): 5:58pm On Apr 05, 2019
Dear God of Biafrans.
Pls may your spirit direct those explorers in the North to were there is ocean of crude oil in Jesus name. Amen.

12 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by deltateam: 5:58pm On Apr 05, 2019
Mahsums:
Our oyel is being pumped underground to the north
We will not take it grin

It is possible. It could be a covet mission to siphon oil from south to north. Everybody knows there's no oil in north.

19 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by id4sho(m): 5:59pm On Apr 05, 2019
Oil this, Oil that, our Oil. Hope you all know that large scale of mining operation took place in Colonial northern Nigeria which revenue was used in laying railway .

I hope Oil is found cuz a failed exploration took place about 20yrs ago in Bauchi State. Shell had in 1999 drilled the first well in the Kolmani River-I but according the Anglo Dutch oil giant the amount of hydrocarbon found was not commercial.
I see Oil Mining heavy equipment Transport passing Jos everyday North bound. PMB was at the site launch in February this year.
Children of hate would not like this

1 Like

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by ken6488(m): 5:59pm On Apr 05, 2019
My dad once told me niger Delta oil is the reason Nigeria is still one

D day north get theirs it is over

44 Likes 2 Shares

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by nuggarito: 6:00pm On Apr 05, 2019
Good luck with that baru, till 9001 probably till second coming of Jesus Christ.

5 Likes 1 Share

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by masseratti: 6:00pm On Apr 05, 2019
yanabasee:
God give them oil, so that they will now agree to divide Nigeria and take their Herdsmen and Boko Haram to their Arewa republic...
I swear that's my prayers, they should av the oil and let's divide the country please.

21 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Nobody: 6:00pm On Apr 05, 2019
Continue of wasting Nigerians had earn money will continue in the north until God disgraces Buhari and his government.

19 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by AreaFada2: 6:00pm On Apr 05, 2019
I pray for them to discover plenty oil and gas.

Maybe then they will secede with their Boko Haram and leave us "infidels" alone.
shocked shocked

19 Likes

Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Firstorderwizard(m): 6:00pm On Apr 05, 2019
What else can I say
Re: Oil Exploration In The North Would Continue Until The Product Is Found - NNPC by Chuksmonika(m): 6:01pm On Apr 05, 2019
hahaha,once oil is found in the north,they will no longer give a damn,if any region wana secede,they are free to do so,But until then,they must make sure Nigeria remains one...to be honest if all the resources in nigeria wia to be in the north,they would have seceded since,selfish people,But Biafra must come

11 Likes

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