Oil and Gas

Top 10 oil producing states in Nigeria 2019

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.

Top 10 oil producing states in Nigeria

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.Β  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.

Information is Power!

Don’t miss any valuable information or opportunity that can change your life, business, family positively and permanently.

πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡

 

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

✍️ Be Our Guest Publisher!

Do you have a press release, breaking news,Β Β or any other helpful information to share with our growing readers? If yes, send your article to πŸ‘‰ infoguidepr@gmail.com.

We will be glad to publish it if the information is useful to our audience.

πŸ€‘ Make Money now!

Working from Home as InfoGuideNigeria Advertising Agents, read more here

This post can be helpful to somebody else, please share it on Facebook, Whatsapp, Telegram and Twitter. There are buttons below for this (easy to use too)!


Make money writing for us. Apply for Freelance writing jobs in NIgeria.
.

Copyright Warning!

Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgment.
.
Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,.
.
All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).
.
We publish all contents with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us at [infoguidenigeria@gmail.com] to file a complaint and we will take necessary actions immediately.

Ifiokobong Ibanga

Ifiokobong Ibanga is the founder of InfoGuideNIgeria.com. You can get in touch with him on Instagram @ifiokobong. If you need a personal assistance on this topic, kindly send a message. Much Love!

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button