Land, shelf opportunities identified along Niger Delta

01/17/2000
Click here to enlarge imageSince the early 1990s, oil operators have focused attention on the deepwater part of the Niger Delta (Fig. 1), where the first exploration licenses were attributed in 1993 and successful drilling started in l995. Click here to enlarge imageUntil 1997, the overall level of exploration activity was quite insignificant; in 1998 and 1999, however, activity dramatically shifted to the deepwater (Fig. 2) as operators dropped the onshore and shelf areas due to maturity as well as to security concerns. Click here to enlarge imageThe number of new fields being placed on production has also remained at high levels (Table 1). It should be recalled that in 1996 the Nige...
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