NIGER DELTA BASIN OIL AND GAS PROSPECTS EVALUATED

An ambitious project to map African oil and gas prospects has produced its first findings in a report on the Niger Delta basin. The Niger Delta, says analyst Petroconsultants SA, Geneva, is a typical deltaic province. It includes the coastal and shelf parts of Nigeria and a small portion of Cameroon (Rio del Rey) and Equatorial Guinea. The Nigerian sector is the hottest, with 10 blocks recently awarded. These have potential reserves of 1.65 billion bbl of oil in prospects smaller than 50

Sep 28th, 1992
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