Tag Archives: Nigerian Petroleum Development Company

Oil production in the country by the Nigerian Petroleum Development Company (NPDC), the flagship upstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), has grown, following the successful drilling and completion of wells in Oil Mining Lease (OML) assets operated by the company. Data obtained from the corporation showed that the recent drilling and completion of five horizontal wells in ...

As the controversy over capacity of crude oil exploring companies – including the Nigerian National Petroleum Corporation and its subsidiaries, to produce enough petroleum products for local consumption rages, the Nigerian Petroleum Development Company (NPDC) has said that it targets the production of 400,000 barrels per day, for the next three years.  The Managing Director of NPDC, Yusuf Matashi, stated ...