Oil and gas expert, Olanrewaju Aladeitan, has revealed that new oil and gas discoveries indicate that Nigeria has extensive gas reserves, making the country more of a gas country than a crude oil country. Recent discoveries in Bauchi-Gombe, Nasarawa, and Niger States have shown more gas reserves than crude oil reserves. Aladeitan believes that with improved technology, Nigeria can uncover unconventional sources of oil and gas. He also noted that past discoveries in Nigeria had limited exploration due to the technology available at the time. Aladeitan clarified that some people had made ridiculous arguments that oil pipelines had been connected all the way from the Niger Delta region to Benue, which he said was not true. The data emerging from Bauchi-Gombe axis showed that there was oil in commercial quantity, but with more gas than crude oil. Aladeitan emphasized that new technology could uncover Nigeria’s vast gas reserves, transforming the country into a leading gas nation.
New Oil and Gas Discoveries Reveal Nigeria’s Vast Gas Reserves – According to Expert
Oil and Gas expert, Olanrewaju Aladeitan, has praised Nigeria’s recent discoveries in the oil and gas sector, indicating that the country has extensive gas reserves. The Associate Professor of Energy and Natural Resources at the University of Abuja, noted that Nigeria could be described more as a gas country than a crude oil country, considering its trillions cubic feet of gas reserves. Aladeitan made this statement during an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday.
Recent Discoveries
In November 2022, President Muhammadu Buhari inaugurated the Kolmani Integrated Development Project at Kolmani River II oil field situated at a border community between Bauchi and Gombe states. According to NAN, the Nigerian National Petroleum Company Ltd. (NNPCL) announced the discovery of crude oil, gas, and condensate in the Kolmani Oil Field in 2019, with over one billion oil barrels reserves and 500 billion cubic feet of gas. Moreover, the NNPCL is set to develop the first oil well in Nasarawa State in March 2023, following the confirmation of the presence of substantial hydrocarbon resources in the area.
The Power of Gas Reserves
Aladeitan disclosed that insider information revealed the emergence of commercial oil data in the Bauchi-Gombe axis. However, he cautioned that gas reserves could be more dominant than oil. Furthermore, he highlighted that new frontiers being discovered in the country had more gas reserves than crude oil reserves. He noted that Nigeria’s gas reserves are enormous, citing the huge gas reserve discovered in Igbariam, Anambra State, and recent discoveries in Bauchi-Gombe, Nasarawa, and Niger States. He also predicted that gas reserves would be found in Sokoto Trough in the future.
Past Discoveries with Limited Technology
No information was provided on past discoveries with limited technology.
Improved Technology Enables Exploration of Oil and Gas Reserves in Nigeria – Expert Says
The Nigerian oil and gas sector has received a significant boost in recent years due to improved technology and advanced knowledge, according to oil and gas expert Olanrewaju Aladeitan. Speaking to the News Agency of Nigeria (NAN), Aladeitan said that Nigeria’s new oil and gas discoveries indicate the country has huge gas reserves, and may be described more as a gas country than a crude oil country. He noted that Nigeria had trillions cubic feet of gas reserves, and that new frontiers being discovered in the country had more gas reserves than crude oil reserves.
New Discoveries and Improved Technology
Aladeitan revealed that data emerging from the Bauchi-Gombe axis showed that there was oil in commercial quantity, but with a caveat that what they may get more might be gas. He added that there were traces of oil in other places in the country, such as the Chad Basin, and that new technology could uncover more reserves in unconventional sources. He emphasized that improved technology and knowledge have allowed clearer pictures of those things that were not accessible or had no information about in the past. He noted that the kind of technology that existed in the past could not make them explore further, but now advanced technology has made it possible.
Past Discoveries with Limited Technology
Aladeitan also addressed the perception of some people that oil was not found in new locations. He noted that initially, all the troughs had shown evidence of crude oil and gas in the past, but the technology available then may not have made it possible to follow up on the discoveries. He stated that although some people were skeptical about the discovery of oil in those environments, there were traces of oil. Aladeitan compared the situation to shale gas, noting that unconventional sources of gas and oil could be uncovered using new technology.
Clarification of Scope of Discoveries
Aladeitan clarified that some people had made ridiculous arguments that oil pipelines had been connected all the way from the Niger Delta region to Benue, which he said was not true. He stated that the data emerging from Bauchi-Gombe axis showed that there was oil in commercial quantity, but with more gas than crude oil. In conclusion, Aladeitan highlighted the importance of new technology in uncovering Nigeria’s vast gas reserves, which could transform the country into a leading gas nation.
Credit: https://www.nannews.ng/2023/03/19/new-oil-gas-discoveries-indicate-huge-gas-reserves-in-nigeria-expert/
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