The new Group Managing Director of the Nigerian National Petroleum Corporation , Mele Kolo Kyari, has committed himself to championing oil exploration in the Northern part of Nigeria, including parts of the South that are yet to be explored.
The Lake Chad Basin found in Central Africa, covers an area of almost 8 per cent of the continent and spreads over seven countries, with Nigeria occupying at least 21% of it in Borno state. The Benue Trough is a major geological formation underlying a large part of Nigeria and extending about 1,000 km northeast from the Blight of Benin to Lake Chad.
Scientific studies have conclusively indicated that sedimentary rocks in the Benue Trough and the Chad Basin lie 6,000 metres below the earth surface. However, the deepest wells drilled by the oil companies reached depths of less than 3,000 metres. Geologists in the Nigerian Universities have expressed the view that even though there is limited data on the exploration activities in the Chad basin and the Benue Trough, available evidence suggests that the Nigerian side of the Chad Basin and the Benue Trough has positive drillable prospects.
Nigeria needs a fresh program for interested oil prospecting companies that would insist that drilling depths must reach deeper meters, coupled with the employment of the most modern and latest technologies to reappraise all the fields that had been earlier written off as uneconomical based on 2-D seismic data computation.
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