See the Top 9 oil producing states in Nigeria. It will interest you to know that not all the states in Nigeria produce oil. Again, some states produce oil far greater than other states among the 9 oil-producing states.
Top 10 oil producing states in Nigeria 2019
In this post, you will see the top 9 oil producing states in Nigeria according to the quantity of oil produced in barrels.
1. Akwa Ibom – 504,000 barrels per day (1st)
2. Delta – 346,000 bpd (2nd)
3. Rivers – 344,000 bpd (3rd)
4. Bayelsa – 290,000 bpd (4th)
5. Ondo – 60,000 bpd (5th)
6. Lagos – 40,000 bpd (6th)
7. Edo – 33,000 bpd (7th)
8. Imo – 17, 000 bpd (8th)
9. Abia – 11,000 bpd (9th)
Note: i. Akwa Ibom, Delta, Rivers, Bayelsa, produces 90.1% of Nigeria’s total crude oil.
ii. Oil wells in Cross River were ceded to Akwa Ibom after Cameroon took over Bakassi.
iii. 13% Derivation is the amount of monthly revenue allocated to each oil-producing state based on the volume of crude oil produced. It is 13% of the total revenue generated.
Oil production Figures
National Production = 1,605,000 barrels per day (One Million, 605 Thousand barrels) as at timing of the report.
Current Production hovers around 2.5-2.7 Million barrels per day
Total National Oil reserves 37.2 Billion Barrels
However, there are emerging oil producing states based on the fact that oil has been found in those states.
Location of crude oil in Nigeria
You might want to know the real location of crude oil in Nigeria. According to NNPC website, oil was discovered in Nigeria in 1956 at Oloibiri in the Niger Delta after half a century of exploration. The discovery was made by Shell-BP, at the time the sole concessionaire. Nigeria joined the ranks of oil producers in 1958 when its first oil field came on stream producing 5,100 bpd.IMPORTANT!: Follow us on Instagram @InfoGuideNigeria
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