Adedapo Adesanya
By Adedapo Adesanya
The Nigerian National Petroleum Corporation (NNPC) and First Exploration and Petroleum Development Company have commenced the production of oil from the Anyala Field located in Oil Mining Leases (OMLs) 83/85.
This was disclosed by NNPC via its Twitter handle on Thursday.
The national oil company disclosed that the Anyala Field, which was discovered 42 years ago, is a shallow water asset.
Speaking on this, the Group Managing Director, NNPC, Mr Mele Kyari, said: “NNPC is committed to monetizing Nigeria’s abundant oil/gas resources from all our assets.
“It’s in our informed interest to deliver gas projects in view of the resilience gas has shown in the market since COVID-19 outbreak & the value it delivered.”
He also noted that NNPC Group will continue to work with partners to deliver low-cost barrels in spite of the current market dynamics occasioned by the COVID19 pandemic.
“We remain ever committed to delivering value to the 200 million Nigerians, who are our critical shareholders,” he added.
The NNPC group and First E and P joint venture also operate the Madu Field, which is located in OML 85. It is expected to come on stream in 2021.
This remarkable milestone is expected to lead to an expected peak production of 60,000 barrels per day.
The milestone marked the introduction of hydrocarbon into the Abigail-Joseph Floating Production Storage & Offloading (FPSO) Vessel which was safely achieved at 15:00hrs on October 21, 2020.
