Oil & Energy
DPR Approves 37 Oil Well Proposals To Increase Crude Production
A total of 37 well drilling proposals have been approved by the Department of Petroleum Resources and they are to increase Nigeria’s crude oil production by 189,850 barrels per day.
It was gathered that out of the 37 wells, 29 were categorised as development wells, while eight were grouped as appraisal wells by the DPR.
The petroleum sector regulator disclosed this in its latest document detailing its achievements in 2018, which was obtained by our correspondent from the Federal Ministry of Petroleum Resources in Abuja on Friday.
Outlining some of its achievements for 2018, the DPR stated that it “approved 37 well drilling proposals (eight appraisal and 29 development wells) and seven new field development plans with an estimated production of 189,850 barrels of oil per day when fully commissioned.”
The agency added that it “successfully monitored 50 drilling activities (one exploratory, 10 appraisal and 39 development wells) and 1,260.74(km2) quantum of 3D seismic data has been acquired out of the 3,272.11(km2) approved.”
The regulator also granted 39 Rig Licences-to-operate, out of which 25 rigs were carrying out various rig operations.
It stated that the nation’s oil and condensate reserves as at January 1, 2018, stood at 36.971 billion barrels with a depletion rate of 1.93 per cent and a life index of 51.79 years.
“Average daily oil and condensate production stands at 1,973,995 barrels of oil per day as of the end of June 2018,” the DPR stated in its latest document.
It added, “There’s full implementation of online processing of downstream licences, permits and approvals achieved through the Retail Outlet Monitoring System, Depots System, Import and Export Permit System, Lube Blending Plant System, and Refinery Operations System.
The DPR stated that during the year under review, it reviewed and approved new methodology for industry use in reconciling Crude oil Handling Agreement mediation, adding that this was expected to reduce CHA disputes.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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