history of oil exploration in nigeria pdf

Oloibiri Oilfield was discovered on Sunday 15 January 1956 by Shell Darcy. By the 1940s, Nigeria was a major producer of tin, columbite, and coal, and though this led to an upsurge in foreign investment, it further created more and more exploited/devastated land-mass.The discovery of oil in 1956 hurt/affected the mineral extraction industries, as government and industry both began to focus on this new resource. Nigeria joined the ranks of oil producers in 1958 when its first oil field came on stream producing 5,100 bpd. to “disclose oil, gas and mining contracts in the area of exploration and production, exports, off taking and swap on a publicly access portal in both human and machine readable formats.” 5 In 1908, Nigerian Bitumen Co. & British Colonial Petroleum began exploratory operations around Okitipupa area. Exploration history. AN OVERVIEIW OF THE OIL AND GAS INDUSTRY IN NIGERIA BY DENNIS OTIOTIO Introduction Nigeria is located within the Sub – Sahara African region with a total land area of 923, 768.64 sq. Oil exploration in the Nigeria’s Niger Delta resumed in 1946 after World War II and Shell D’Arcy drilled a number of oil exploratory wells in 1951. It was the first commercial oil discovery in Nigeria; this discovery ended 50 years of unsuccessful oil exploration in the country by various international oil companies and launched Nigeria into the limelight of the Petro-State. Exploration is responsible for handling the risk intrinsic in this activity, and this is generally achieved by selection of a range of options in probabilistic and economic terms. Oil exploration activities commenced in the Deltaic region of Nigeria in the early 1900s by a Germany entity referred to as the “Nigeria Bitumen Corporation” which started her exploratory activities in the Araromi area of the then Western Nigeria but their activities were truncated by the outbreak of the World War I in 1914 (NNPC: 2005; 1-2). The rundown of major events in the history of crude oil in Nigeria has been dully highlighted below: History of Crude Oil in Nigeria: Timeline of Events. The find was made by Shell-BP, at the time the sole concessionaire. At the initial stage, Shell D’Arcy (later ShellBritish Petroleum) – enjoyed a complete monopoly of oil exploration for a In 1938, Shell D’ Arcy were given exploration license to find oil all over Nigeria. Oil Exploration in the Niger Delta Region According to Azaiki (2003), "the search for crude oil in Nigeria began as far back as 1908 when a German company, the Nigerian Bitumen Corporation, started exploration in the Araromi area of western Nigeria". The pioneering effort of this company was aborted by the outbreak of the First World War in 1914. Indeed, exploration is a risk activity and the management of exploration assets and associated operations is a major task for oil companies. Nigeria joined the oil producers in 1958 when its first oilfield came on stream at 5,100 b/d. The history of oil exploitation in Ogoni runs parallel with the history of oil pollution as the commencement of oil exploration and exploitation runs con-comitantly with the three major causes of oil pollution namely, the impact of the seismic survey, gas flaring and oil … terminated the initial oil exploration activities by Shell D’Arcy. Oil was discovered in Nigeria in 1956 at Oloibiri in the Niger Delta after half a century of exploration.

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