Nigeria’s upstream oil regulator has approved \u200b145 new well-drilling operations, 595 well re-entries and \u200c39 field development plans (FDPs) so far this year as it seeks to boost crude output, attract investment and strengthen \u200benergy security, a senior official said on \u200bTuesday.<\/p>\n
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said \u2060the approvals reflected faster regulatory processing that has \u200breduced project delays and costs for operators.<\/p>\n
“Year to date, \u200babout 39 FDPs have been approved. About 145 new well-drilling approvals granted. Year to date, about 595 well re-entry approvals \u200bwere granted,” NUPRC Chief Executive Oritsemeyiwa Eyesan said \u200bat an oil conference in Lagos.<\/p>\n
Eyesan, represented by Ahmad Abdullahi, \u200cdeputy \u2060director of basin administration, said faster approvals were helping operators advance projects needed to meet production targets and support energy availability.<\/p>\n
She said Nigeria had more \u200bthan 100 drilling \u200brigs, with \u206046 active this year, up more than 300% from 2021 levels.<\/p>\n
Eyesan also said \u200bseismic companies had invested more than $100 \u200bmillion \u2060in Nigeria since the Petroleum Industry Act came into force three years ago, improving exploration data and supporting \u2060efforts \u200bto discover new oil and \u200bgas reserves.<\/p>\n
The regulator is also working to curb crude theft across \u200bthe country.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nigeria’s upstream oil regulator has approved \u200b145 new well-drilling operations, 595 well re-entries and \u200c39 field development plans (FDPs) so far this year as it seeks to boost crude output, attract investment and strengthen \u200benergy security, a senior official said on \u200bTuesday. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said \u2060the approvals reflected faster regulatory […]<\/p>\n","protected":false},"author":6,"featured_media":19782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":2,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_comment_section":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters","subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2831,2362,27],"tags":[175,2446],"class_list":["post-22569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-featured","category-west-africa","tag-nigeria","tag-nigerian-upstream-petroleum-regulatory-commission-nuprc"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/22569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=22569"}],"version-history":[{"count":1,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/22569\/revisions"}],"predecessor-version":[{"id":22570,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/22569\/revisions\/22570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/19782"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=22569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=22569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=22569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}