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Tag "marginal fields"

Marginal fields: FG threatens to revoke licences, says only 5 of 60 firms productive

    Marginal fields: FG threatens to revoke licences, says only 5 of 60 firms productive

Heineken Lokpobiri, minister for petroleum resources (oil), says only five out of 60 licences issued during the 2021 marginal oil field bid round are currently producing.  Lokpobiri spoke at an

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Ijaw leaders ask court to nullify marginal oil field licences

    Ijaw leaders ask court to nullify marginal oil field licences

Some Ijaw leaders have asked the federal high court in Yenagoa to cancel the marginal oil field licences issued by the federal government on June 28. Marginal fields are smaller

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NUPRC: We’ll issue marginal oil field licences to winners Tuesday

    NUPRC: We’ll issue marginal oil field licences to winners Tuesday

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will issue petroleum prospecting licences (PPL) to successful awardees of marginal fields in the 2020 bid round. Marginal fields are smaller

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NNPC: Nigeria’s marginal fields produced 46m barrels of crude in one year

    NNPC: Nigeria’s marginal fields produced 46m barrels of crude in one year

Nigeria produced 45.59 million barrels of oil through marginal fields from August 2020 to July 2021 — the lowest yield from various production arrangements. The Nigerian National Petroleum Company (NNPC)

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DPR concludes marginal field bid round — first in 18 years

  DPR concludes marginal field bid round — first in 18 years

The Department of Petroleum Resources (DPR) on Monday awarded letters to successful investors in the 2020 marginal field bid round

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