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Exploration

Sub-Saharan African explorer Erin Energy Corporation has stated that the Oyo-8 well located in OML 120 offshore Nigeria has ‘exceeded expectations’ and is currently producing, at a stabilised rate, 7,080 barrels of oil per day (boepd)

Savannah Petroleum, Niger-focused oil and gas company, has found 14 drill-ready exploration prospects with estimated total gross unrisked mean prospective oil resources of 215mn barrels at Eocene and Upper Cretaceous reservoir horizons in R1/R2 Licence Area

Universal Energy has announced the commencement of crude oil production in Nigeria from its Stubb Creek Field in Akwa Ibom State

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