Tuesday, 9 September 2014

MARGINAL FIELDS CONTRIBUTE 2.41% TO NIGERIA’S CRUDE PRODUCTION

The dwindling fortunes of marginal fields’ operators in the Nigeria’s oil and gas sector continued, as the subsector contributed 2.41 per cent to Nigeria’s total crude oil production in the month of March 2014.

According to data from the Nigerian National Petroleum Corporation, NNPC, on oil and gas activities for the month of March 2014, the marginal fields’ operators produced 1.645 million barrels of crude oil, representing a daily average of 53,086.26 barrels.

Read more @ Vanguard

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