NNPC BEGINS SEARCH FOR OIL IN NIGER STATE
The Nigerian National Petroleum Corporation (NNPC) yesterday, said it had commenced oil exploration activities in the Bida, Sokoto basin, covering eight local government areas in Niger State.
The Group Managing Director, NNPC, Mallam Mele Kyari, revealed this during a visit to the Governor of Niger State, Abubakar Sani Bello, to present the 2D seismic data acquisition in the Bida Sokoto basin.
Kyari, who was represented by the NNPC Group General Manager, Frontier Exploration Services, Abdullahi Bomai, explained that so far, an in-depth geological and geochemical study revealed a strong hydrocarbon bearing indicators.
He said it had been confirmed that there were oil and gas bearing formations in the eight local governments in Niger State, which extended to two other local governments in Kwara State and one in Kogi State.
Kyari also revealed that the ongoing exploration is capable of adding 40 billion barrels to the nation’s reserve by 2023.