NNPC/FIRST E&P JV Discovers Oil in OML 85 Songhai Field

The Nigerian National Petroleum Company Limited (NNPCL) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai Field, located in OML 85.

The well, according to the JV, encountered hydrocarbons across eight reservoirs, logging over 1,000 feet of hydrocarbon-bearing sands, most of which exhibit excellent reservoir properties.

“Preliminary analysis indicates substantial oil and gas volumes, reinforcing the field’s commercial potential. Further evaluations, including formation testing and well data integration, will be conducted to refine resource estimates and optimise field development plans,” it stated.

Speaking on the discovery, General Manager, Exploration and Development at FIRST E&P, Segun Owolabi, described it as a major milestone in the JV’s efforts to maximise the potential of its assets.

“This discovery marks a major milestone in our efforts to unlock the full potential of our assets. The success at Songhai Field underscores the effectiveness of our exploration strategy and our commitment to delivering sustainable value to all stakeholders,” Owolabi stated.

NNPC Limited as the majority partner in the JV also emphasised the strategic importance of the discovery in supporting Nigeria’s production growth and cost optimisation targets. Chief Upstream Investment Officer of NUIMS, Seyi Omotowa, noted that the success at Songhai Field aligns with NNPC Limited’s broader upstream objectives.

“This aligns with NNPC Limited’s mandate to drive production growth and cost optimisation. The success at Songhai Field reflects our commitment to strategic partnerships, advanced technology, and efficient operations to maximise Nigeria’s hydrocarbon potential sustainably,” he said.

The discovery also highlights the role of strategic collaboration in expanding Nigeria’s hydrocarbon reserves. Commenting on this, NNPC Limited’s Group Chief Executive Officer, Mallam Mele Kyari, reaffirmed the company’s commitment to efficiency and long-term value creation.

“This discovery reaffirms the potential of Nigeria’s offshore assets and the importance of collaboration in boosting reserves and production. NNPC Limited remains committed to driving efficiency and long-term value creation for the nation,” Kyari stated.

Currently, the JV maintains a steady daily production of approximately 57,000 barrels of oil per day (bpd) from its OML 83 and 85 assets. The new discovery in Songhai Field is expected to further enhance production and contribute to Nigeria’s energy security.

Furthermore, the NNPC/FIRST E&P JV said it remains committed to operational excellence, guided by rigorous safety standards, technical expertise, and efficient project execution. With over nine million man-hours of LTI-free operations, the JV continues to lead in safe and responsible hydrocarbon development.

This milestone strengthens Nigeria’s oil and gas sector, reinforcing the JV’s role in supporting the Federal Government’s goal of increasing national hydrocarbon production and reserves while ensuring sustainable energy growth.