OLOIBIRI FIELD JANUARY 1956 - NIGERIA’S FIRST COMMERCIAL OIL

Historic accounts depict that the thrilling search for oil in Nigeria started in 1907 when exploration rights were granted to the Nigerian Bitumen Corporation, which was a Nigerian arm of a German company; but all started at Oloibiri, well #1. Oloibiri field is an onshore oilfield located in Bayelsa State,Nigeria, about 45 miles east of Port Harcourt in the Niger Delta. Oloibiri Oilfield is named after Oloibiri, a small, remote creek community, where it is located. Oloibiri Oilfield was discovered on Sunday 15th January 1956 by Shell Darcy. Well #1 was spudded the 3 August 1955 and drilled to a depth of 12.008 feet. The well was tested and it flowed at the rate of about 5,000 barrels (790 m3) of oil per day. Fifteen wells were drilled around this discovery well within the next two years so making Oloibiri, Nigeria’s first commercial oil field. Following the discovery, Shell Darcy stepped up exploration in the Niger Delta and By 1958 the company has discovered oil in twelve areas in the Niger Delta of which Oloibiri, Afam and Bomu were the most promising. Royal Dutch Shell laid the first crude oil pipeline in the country from the Oloibiri field to Port Harcourt on Bonny River to access export facilities. Nigeria exported its first crude oil in February 1958 from the Oloibiri oil field. The last well, Oloibiri18 was drilled in April 1979, but the field was already depleted at that time and the field was abandoned the same year. The Oloibiri oilfield produced over 20 million barrels of oil during its 20 years life cycle.
Oloibiri is today a serene and rustic village of the Niger delta where the old wellhead of the well #1 can be found.

WINTERSHALL DEA COMPLETES INSTALLATION OF NOVA FIELD PIPELINES

August 29, 2019

Wintershall Dea has completed the installation of the subsea pipelines and umbilicals for the operated Nova field project in the Norwegian North Sea....

Read More+
QATAR PETROLEUM ENTERS EXPLORATION BLOCKS OFFSHORE NAMIBIA

August 29, 2019

Qatar Petroleum has entered into agreements with Total for a share of exploration and production rights in two blocks offshore the Republic of Namibia....

Read More+
CMA CGM REFRAINS USING ARCTIC PASSAGES

August 29, 2019

France’s CMA CGM, one of the world’s biggest container transportation and shipping companies, said that it had decided to refrain from using the...

Read More+
ENI AWARDED WEST GANAL EXPLORATION BLOCK IN THE KUTEI BASIN

August 29, 2019

Eni (40% Operator) and its partners, Pertamina (30%) and Neptune (30%), have been awarded by the Ministry of Energy and Mineral Resources the West...

Read More+
BP SAYS GOODBYE TO ALASKA – SALE OF BUSINESS TO HILCORP FOR $ 5.6 BILLION

August 28, 2019

BP has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase...

Read More+
EX ENSCO-ROWAN VALARIS ANNOUNCES SIX NEW CONTRACTS AND EXTENSIONS

August 28, 2019

Valaris announced new contracts and contract extensions, with associated revenue backlog of $84 million , awarded subsequent to filing the company’s...

Read More+
TAIWAN – SEAJACKS TO INSTALL GREATER CHANGHUA OFFSHORE WIND TURBINES

August 28, 2019

Seajacks International has been awarded a contract with Ørsted Taiwan Limited for the transport and installation of wind turbine generators at the...

Read More+
NIGERIA – ENI MAKES LARGE GAS DISCOVERY ONSHORE NIGER DELTA

August 28, 2019

Eni, through its affiliate NAOC (Eni 20%, operator, NNPC 60%, Oando 20%) has made a significant gas and condensate find in the deeper sequences of...

Read More+
TechnipFMC RESHAPES ITS FUTURE AND CREATES RemainCo AND SpinCo

August 27, 2019

TechnipFMC announced its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies:...

Read More+
WOODSIDE PRODUCES FIRST OIL FROM GREATER ENFIELD

August 27, 2019

Woodside advises that on 25 August 2019 the Greater Enfield Project produced first oil through the Ngujima-Yin floating production storage and offloading...

Read More+
SCOUT CLEAN ENERGY TO DEVELOP 200 MW WIND FARM IN SOUTH DAKOTA

August 27, 2019

Scout Clean Energy, a Colorado based renewable energy developer-owner-operator, advised that the South Dakota Public Utilities Commission (PUC) granted...

Read More+
TECHNIP FMC AWARDED CONTRACT FOR SHELL POWERNAP PROJECT

August 27, 2019

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI) contract by Shell for the PowerNap...

Read More+