NNPC eyes Benue Trough, Chad Basin drilling before end of 2017

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State oil firm, Nigerian National Petroleum Corporation (NNPC) is aiming to resume drilling before the end of the year in an inland basin where seismic activities are currently taking place.

Group managing director Maikanti Baru said drilling activities in the Benue Trough in the country’s northeast will begin in the fourth quarter. He explained that seismic data acquisition was ongoing in the frontier region using the services of Integrated Data Services limited (IDSL) and her partners to pursue the Government’s aspiration to grow the reserves base of the country.

The Nigerian state player is also aiming for an ‘early return’ to another basin in the fractious northeast region of Africa’s most populous country. He said: “We are working with the security agencies for an early return to the Chad Basin. Drilling activities will be a priority on resumption while continuing with seismic data acquisition with improved parameters.”

 

Source: Press Release