Top 15 States for Oil and Gas Reserves in Nigeria

Top 15 States for Oil and Gas Reserves in Nigeria – Nigeria is blessed with abundant oil and gas reserves and is a major producer of crude oil in Africa and globally. The oil and gas industry accounts for about 10% of Nigeria’s GDP and petroleum exports revenue represents around 86% of total exports revenue. The Niger Delta region situated in the southern part of the country is the most endowed in oil and natural gas reserves.Top 15 States for Oil and Gas Reserves in Nigeria

With improved exploration activities and new discoveries, Nigeria’s oil and gas reserves have continued to grow over the years. Here is a look at the top 15 states with the largest oil and gas reserves in Nigeria:

The Top 15 States for Oil and Gas Reserves in Nigeria Are:

1. Akwa Ibom State

Oil was first discovered in Akwa Ibom state in 1978 and the state has emerged as a major oil-producing state in Nigeria. It holds oil reserves estimated at 3 billion barrels and over 100 trillion cubic feet of natural gas. ExxonMobil, one of the largest oil companies, operates extensively in the state. Key oil mining leases are in Eket, Ibeno, and Qua Iboe.

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2. Cross River State

Though a relatively new entrant into Nigerian oil production, Cross River state has seen significant oil finds especially offshore. Reserves currently stand at over 600 million barrels of crude oil and about 30 trillion cubic feet of natural gas reserves. The bulk of the state’s oil production comes from the Oban and Okwok fields.

3. Lagos State

Lagos state sits atop the list when it comes to oil and gas reserves in Nigeria. The state has proven crude oil reserves of over 12 billion barrels and 182 trillion cubic feet of natural gas reserves. Oil exploration activities in Lagos state are concentrated offshore with major discoveries in the Aje oil field operated by Yinka Folawiyo Petroleum Company. Other oil fields include Seme, Akute, Ebute, Oginnin, and Abanga.

4. Rivers State

Rivers state, located in the Niger Delta region, is endowed with vast oil and gas reserves both onshore and offshore. It has proven crude oil reserves estimated at 7 billion barrels and natural gas reserves of more than 160 trillion cubic feet. Key oil-producing fields in Rivers state include Greater Port Harcourt, Afam, Bomu, Bonny Light, and Obiafu-Obrikom.Good morning My Love Message

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5. Delta State

Delta is another Niger Delta state with significant hydrocarbon deposits. The state boasts of over 4 billion barrels of proven oil reserves and about 150 trillion cubic feet of natural gas reserves. Active oil fields in Delta include Uzere East, Olomoro, Ogini, Eriemu, Uzere West, Benekrukru, and Odidi.JAMB portal

7. Ondo State

Ondo state has substantial oil and gas reserves both onshore and offshore along the Gulf of Guinea. Proven crude oil reserves are put at over 2 billion barrels. The prolific oil-producing fields include Okitipupa Oil Field, Aje Oil Field, and the Offshore Seme Field managed by Chevron.

8. Abia State

While less prominent than other Niger Delta states, Abia has considerable oil and gas deposits estimated at over 1 billion barrels of crude oil and about 85 trillion cubic feet of natural gas. The current oil production comes from small onshore fields located around the oil-rich Ngwa region.

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9. Edo State

Edo state, located in the midwestern region, has proven reserves of over 1 billion barrels of crude oil reserves and 50 trillion cubic feet of natural gas. The mainstay of Edo’s oil production is the onshore Benin River Basin which hosts the Okomu, Ologbo, Oben, and Akri oil fields.Romantic love message

10. Imo State

Oil exploration activities in Imo state date back to the 1960s and commercial production began in the 1970s. Current reserves stand at about 1 billion barrels of crude oil and 50 trillion cubic feet of natural gas. Operators in Imo include Addax Petroleum, Chevron, and Shell.

11. Anambra State

Anambra state sits on the lower portion of the petroliferous Anambra Basin. The current crude oil reserves are estimated at over 900 million barrels. Some of the leading oil fields in Anambra include the OPL 471 (Enugu-Abia) field operated by Orient Petroleum Resources.Information guide Nigeria

12. Bayelsa State

Bayelsa is one of the top oil-producing states in the Niger Delta region. It holds crude oil reserves estimated at about 800 million barrels and natural gas reserves of over 35 trillion cubic feet. Multiple indigenous and international oil companies operate in Bayelsa including Aiteo, Eroton, and Agip.

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13. Ogun State

The hydrocarbon deposits in Ogun state are found majorly around the Dahomey Basin. Proven oil reserves are estimated at about 500 million barrels while natural gas reserves exceed 25 trillion cubic feet. Ogun state has the advantage of hosting oil refining facilities in Nigeria.

14. Kogi State

Kogi state, situated in the central region, boasts small onshore oil fields concentrated in the Anambra Basin. The crude oil reserves are pegged at over 100 million barrels with about 10 trillion cubic feet of natural gas. Key operators in Kogi oil fields include Shell and Chevron.NYSC Portal

15. Osun State

Oil exploration in Osun state is still ongoing and production volumes are marginal currently. The preliminary estimates for reserves stand at about 100 million barrels of crude oil and 20 trillion cubic feet of natural gas. Osun has the potential for more oil discoveries in the future.

15. Oyo State

Oyo state makes it to the list owing to the recent oil finds around the northern fringes of the Dahomey Basin. The reserves are projected to be about 100 million barrels of crude oil. Seismic data acquisition is still underway to determine the full hydrocarbon potential before commercial drilling.

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Conclusion

In summary, the Niger Delta holds the ace when it comes to oil and gas endowments in Nigeria. However, sustained exploration activities have unearthed reserves spread across the southern, western, and midwestern regions. As technology improves, previously unexplored inland sedimentary basins are attracting oil prospecting ventures, signaling even bigger reserves additions for Nigeria. With the right policies and investments, Nigeria can consolidate its position among the top oil producers globally.

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