The Nigerian National Petroleum Company Ltd has resumed an oil drilling campaign at the Wadi-B located in Jere Local Government Area of Borno State.
The NNPC resumed drilling after it stopped drilling in Wadi-B in 1995 because back then successes were weak and findings made during the period were not in commercial quantity, it was reported.
According to NNPC’s Group Chief Executive Officer yesterday, Mele Kyari, the company hopes to bring prosperity to the people through the elimination of energy poverty currently threatening Africa’s biggest economy.
Kyari made the commitment at the Presidential flag-off of Wadi-B drilling campaign by President Muhammadu Buhari in Borno State.
Kyari said, “We understood very clearly that we need to understand the basin very well. We need to have a different approach to exploration activities in this very basin and that is why NNPC and our partners, the Ministry of Petroleum Resources and the current Upstream Regulatory Commission decided to embark on massive revaluation of all the frontier basins in the country.
“Of course, our findings have been useful. The understanding of the rift system in Nigeria enabled us to have successful outcomes in the Kolmani Area..
It also enabled us to mobilise to Nasarawa State. Now a drilling activity is going on. It also helped us to understand the geological basin of the Chad Basin which is why we are back here.
