Nigerian projects progress amid turmoil

09/27/1999
Amid the continuing furor over the Nigerian government's cancellation of exploration and production licenses, foreign operators are moving forward with projects.Elf Petroleum Nigeria Ltd. spudded the Kuzari-1 wildcat well in the Bauchi-Gombe area of northern Nigeria, where it holds three oil prospecting leases: OPLs 803, 806, and 809.The well is the second of three slated in the area by foreign operators and is expected to cost $18 million. In April, Shell Nigeria Exploration & Production Co. Ltd. (Snepco) drilled a well in the Kolmani River area, while Chevron Nigeria Ltd. plans a well during January-March 2000.Snepco found noncommercial quantities of crude oil but a significant amou...
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