Saturday, October 12, 2019

NNPC announces oil, gas discovery in Bauchi

The Nigerian National Petroleum Corporation (NNPC) has announced the discovery of hydrocarbon (oil and gas) 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, a site near Barambu, a village in Alkaleri Local Government Area of Bauchi State, was flagged-off by President Muhammadu Buhari on the 2nd of February, 2019.

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.

3 comments:

  1. Good news, but will Nigerians benefit

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  2. Thank God! I hope it is in commercial quantity o, so that everybody can be equally cursed with this oil.

    ReplyDelete