Where is Crude Oil found in Nigeria?
In this article, you will find a list of all the places crude oil is found in Nigeria presently. Read on!
Nigeria is the largest oil producer in Africa and the 13th largest in the world.
I can rightfully believe that we all know that.
Did you know, however, that the 1.72 million barrels of oil produced daily is the combined effort of roughly a third of the nation’s states?
Well, I can enjoy the surprise on your face but I will answer the question: “Where is Crude Oil found in Nigeria?”
…and don’t be quick to say it’s only in southern states.
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Oil Production in Nigeria
Oil was first found in commercial quantities in Oloibiri in Bayelsa state in 1956 and production began in 1957.
Petroleum began to play a vital role in the Nation’s economy in 1960 and today, oil and gas account for 9% of Nigeria’s GDP, 95% of the nation’s foreign exchange, and 40% of government revenues amidst cries for a multi-dependent and diverse economy.
Nigeria’s oil has yielded an all-time high of 2.5 million barrels per day (BPD), and recent statistics for the first quarter of 2021 show its output level to be at 1.72 million barrels per day.
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Region Where Crude Oil Is Found In Nigeria
Most of the crude oil comes from the region of the country called the Niger Delta, also called the South-South which has 800 oil-producing communities, 159 oil fields, 1481 wells, and 4 refineries.
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The Full List Of Oil-Producing States In Nigeria
Here is a complete list of all the oil producing states in Nigeria currently:
1. Awka Ibom
This is currently the largest oil-producing state in the Federation after overtaking Rivers state.
It accounts for 31.4% of daily manufacture, giving a whooping 504,000 BPD. The state has one of the largest petroleum production facilities in Nigeria.
2. Delta State
Also, the richest state in Nigeria, Delta state comes second in the amount of oil produced.
It contributes 21.56 percent, giving 346,000 BPD and it is also the home to one of the petroleum refineries in the country
3. Rivers State
Formally, the largest oil producer, Rivers generates 21.43% of the sum, which is 344,000 BPD.
Regardless, it is still known as the powerhouse of the Nigerian oil industry.
It has 2 major oil refineries, 2 seaports and it is the location of the head offices of top petroleum companies.
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4. Bayelsa State
The state is well known for the petroleum companies located in it. It supplies 18.07% of Nigeria’s BPD, yielding 290,000 BDP.
The state, in combination with the first three states, is responsible for 80% of Nigeria’s oil production.
5. Ondo State
Ondo state produces 60,000 BDP of oil, contributing 3.74% of the nation’s production.
6. Lagos State
Surprisingly and not so surprisingly, oil was found in Nigeria’s economic capital in the year 2020.
Currently, it manufactures 40,000 BPD and has a large plan to increase its capacity.
7. Edo State
Amongst the numerous minerals found in Edo, crude oil holds a portion. However, the state produces 2.06% of Nigeria’s oil, giving 33,000 BPD.
8. Imo State
1.06% of the nation’s oil, which is 17,000 BPD, comes from Imo state. This is overseen by companies such as Chevron, Agip, Royal Dutch Shell, and Addax petroleum.
9. Abia State
The state makes 11,000 BPD of oil, rendering 0.68% to the whole amount. It has 100 oil wells and 3 flow stations.
10. Anambra State
The state was recently recognised as an oil producer and though it currently produces 3,000 BPD, it can increase and grow.
Having read this article, I believe you will be able to comfortably answer the question “Where is Crude Oil found in Nigeria.”
Also Read: Map Of The Nigerian States
