Marginal field's operators yet to make impact on Nigeria’s petroleum sector
According to data from the Nigerian National Petroleum Corporation (NNPC), on oil and gas activities for the month of March 2014, the marginal fields’ operators produced 1.645 million barrels of crude oil, representing a daily average of 53,086.26 barrels.
This is against a total of 68.367 million barrels produced by all the operations in the sector in the month under review. This translates to an average daily crude production of 2.205 million barrels, showing that the marginal fields’ operators are yet to make significant impact on Nigeria’s petroleum sector.
Oriental Energy recorded the highest crude production in the marginal fields segment, accounting for 1.33 per cent of the total crude production.
Next was Midwestern Oil with crude oil production of 329,903 barrels of crude oil for the month
Waltersmith with total crude production of 115,790 barrels of crude oil for the month
Energia — 95,185 barrels
Niger Delta Petroleum Resources — 72.016 barrels
Platform Petroleum —65,568
Pillar Oil —54,679 barrels
Brittania-U — 1,309 barrels.