BREAKING: NNPC Discovers Oil In Bauchi

The Nigerian National Petroleum Corporation (NNPC), on Friday, said it has discovered hydrocarbon deposits in the Kolmani River II Well, on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country.

The Kolmani River II Well is located on the Gongola basin of Benue Trough in Bauchi state.

Announcing the discovery in a press statement, the acting spokesperson of the NNPC, Samson Makoji, said the corporation “acquired 435.54km2 of 3D Seismic Data over Kolmani Prospect in the Upper Benue Trough, Gongola Basin. This was to evaluate Shell Nigeria Exploration and Production Company (SNEPCo) Kolmani River 1 Well Discovery of 33 BCF and explore deeper levels.”

Makoji recalled that President Muhammadu Buhari had flagged off the drilling of the Kolmani River II Well February 2, 2019, leading to the discovery,

He said, “The well was drilled with “IKENGA RIG 101” to a total depth of 13,701feet encountering oil and gas in several levels. A Drill Stem Test (DST) is currently on-going to confirm the commercial viability and flow of the Kolmani River reservoirs.”

Makoji further said, “on Thursday 10th October, 2019, at 18:02hours, one of the reservoirs was perforated and hydrocarbon started flowing to the well head at 21:20hours in which the gas component was flared to prevent air charge around the Rig.

“Preliminary reports indicate that the discovery consists of gas, condensate and light sweet oil of API gravity ranging from 38 to 41 found in stacked siliciclastic cretaceous reservoirs of Yolde, Bima Sandstone and Pre-Bima formations,” adding that “Computation of hydrocarbon volume is on-going and will be announced in due course.”

The spokesperson also revealed that the NNPC acquired additional 1183km2 of 3D seismic data over highly prospective areas of Gongola Basin with a view to evaluating the full hydrocarbon potential of the Basin.

He said the corporation had, “deployed world class cutting-edge technologies including Surface Geochemistry, Ground Gravity/Magnetic, Stress Field Detection, Full Tensor Gradiometry aerial surveys to de-risk exploration in the frontier basins. The NNPC plans to drill additional wells for full evaluation of the hydrocarbon volume in the Gongola Basin.

“It would be recalled that during the spud-in ceremony of Kolmani River II, President Muhammadu stated the commitment of his administration to the exploration for Oil and Gas in the frontier basins in the entire length and breadth of the country. The basins include: the Benue Trough, Chad Basin, Sokoto and Bida Basins.”

Makoji said attention would be given to the Dahomey and Anambra Basins which have already witnessed oil and gas discoveries.

He said the discovery of oil and gas in commercial quantity in the Gongola Basin will attract foreign investment, generate employment for people to earn income and increase government revenues.