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NNPC, First E&P begin production at OML 85, target 20,000 bpd

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NNPC and its joint venture partner in OML 85, First E&P have commenced oil production from the asset, also known as Madu Field.

First Exploration and Petroleum Development Company Limited have commenced oil production from the asset, also known as Madu field.

NNPC said the achievement is a testament to the commitment of President Bola Tinubu’s administration to optimise productionSpeaking on the development, Mele Kyari, group chief executive officer of NNPC, described the commencement of oil production at the Madu field as a significant milestone.He said it will contribute to the larger goal of meeting the requisite production for revenue growth and to boost the nation’s economy.

 

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