NNPC Has Discovered Commercial Quantity Of Crude Oil In Benue Trough – Kyari

The Nigerian National Petroleum Corporation on Thursday, November 19, said the volume of crude oil discovered in Benue Trough was in commercial quantity.

It said Nigerian geologists were leading the efforts in the discovery of the commodity in the trough. 

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This was disclosed by NNPC’s Group Managing Director, Mele Kyari, in a statement issued at Abuja by their spokesperson, Kennie Obateru. 

In its statement on Thursday, the NNPC said it would grow the nation’s hydrocarbon reserves to 40 billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country. 

Kyari said the strategy was to aggressively explore for more oil in the frontier basins in order to grow the nation’s reserve base in line with the Federal Government’s aspiration to hit the 40 billion barrels reserve target.

“It is my pleasure to appreciate the good work and resilience of our in-house professionals in the ongoing inland basins exploration activities that culminated in the recent discovery of hydrocarbons in Benue Trough,” Kyari said. 

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In October last year, the corporation had announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North Eastern part of Nigeria.