The President of the Nigerian Association of Petroleum Explorationists (NAPE) Alex Tarka has said that the federal government exploration campaign in the frontier basins particularly the Benue trough will be vigorously pursued and sustained with technology.
Tarka who spoke today at the press conference preceding the Association’s forthcoming Annual conference and exhibition emphasized the need to sustain this exploration.”The exploration campaign must be sustained” he said.
According to him this will go a long way to increased the nation’s reserve which is among other things partly a pre- requisite for oil producing nation’s status in OPEC.
NAPE with this year’s conference theme “Accelerating Growth in Nigeria’s Hydrocarbon Reserves: Emerging Concepts, Challenges and Opportunities” The president of NAPE explained that so much technology has been deployed in the exploration work at the frontier basin. The technology so far deployed, he said has been diverse and sophisticated and the latest in industry worldwide.
He maintained that the exploration has shown a commercial reserve. Tarka however declined to mention what volume of commercial reserve has been discovered. According to him it will be inaccurate to mention the volume of rcommercisl reserve since exploration is still on- going.
Financial Energy Review, had before now reported that the federal government will announce the discovery of oil and gas from the frontier exploration projects going on in the Northern part of the country which is one of the seven sedimentary deposits in Nigeria
The Nigerian National Petroleum Corporation (NNPC) couple of months later 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 the country.
It would be recalled that drilling of the Kolmani River II Well was flagged-off in a colourful ceremony by President Muhammadu Buhari on the 2nd of February, 2019.
A press release by the Corporation’s Acting Group General Manager, Group Public Affairs Division, then Mr. Samson Makoji, stated that NNPC acquired 435.54km2 of 3D Seismic Data over Kolmani Prospect in the Upper Benue Trough, Gongola Basin. This was to evaluate Shell Nigeria Exploration and Production Company (SNEPCo) Kolmani River 1 Well Discovery of 33 BCF and explore deeper levels.
The well was drilled with “IKENGA RIG 101” to a total depth of 13,701feet encountering oil and gas in several levels. A Drill Stem Test (DST) is currently on-going to confirm the commercial viability and flow of the Kolmani River reservoirs.
The Corporation explained that on Thursday 10th October, 2019, at 18:02hours, one of the reservoirs was perforated and hydrocarbon started flowing to the well head at 21:20hours in which the gas component was flared to prevent air charge around the Rig.
Preliminary reports indicate that the discovery consists of gas, condensate and light sweet oil of API gravity ranging from 38 to 41 found in stacked siliciclastic cretaceous reservoirs of Yolde, Bima Sandstone and Pre-Bima formations.
Computation of hydrocarbon volume is on-going and will be announced in due course.
The Corporation has also acquired additional 1183km2 of 3D seismic data over highly prospective areas of Gongola Basin with a view to evaluating the full hydrocarbon potential of the Basin.
NNPC has deployed world class cutting-edge technologies including Surface Geochemistry, Ground Gravity/Magnetic, Stress Field Detection, Full Tensor Gradiometry aerial surveys to de-risk exploration in the frontier basins. The NNPC plans to drill additional wells for full evaluation of the hydrocarbon volume in the Gongola Basin.
It would be recalled that during the spud-in ceremony of Kolmani River II, President Muhammadu stated the commitment of his administration to the exploration for Oil and Gas in the frontier basins in the entire length and breadth of the country. The basins include: the Benue Trough, Chad Basin, Sokoto and Bida Basins.
He also stated that attention would be given to the Dahomey and Anambra Basins which have already witnessed oil and gas discoveries.
The discovery of oil and gas in commercial quantity in the Gongola Basin will attract foreign investment, generate employment for people to earn income and increase government revenues.
SOURCE: financialenergyreview.com