⚡ Seplat Boosts Nigeria’s Oil Output by 33,000 Barrels per Day After Rehabilitating 33 Wells
️ Seplat’s Major Production Milestone
Seplat Energy Plc has successfully rehabilitated 33 oil wells, out of which 26 are now actively producing about 33,000 barrels of oil per day (bpd).
This milestone marks a major step in the company’s plan to close Nigeria’s production shortfall and strengthen the country’s energy security.
The announcement was made by Samson Ezugworie, Seplat’s Chief Operating Officer (COO), at the 43rd Annual Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos.
“We’ve worked on rehabilitating 33 wells and had success with 26, which are now producing about 33,000 barrels between them. That’s a step in the right direction to closing the current gap in production that could leave Nigeria with a shortfall in its revenues,” Ezugworie stated.
Low-Cost Strategy with Big Results
Ezugworie noted that Seplat’s approach focuses on reviving idle wells instead of developing entirely new fields — a low-cost strategy that maximises efficiency and boosts national output at minimal expense.
“We will continue to rehabilitate wells, which isn’t costing us much, and we’re optimistic that we can get more production to help our industry reach the government’s target,” he added.
This initiative follows Seplat’s recent offshore asset acquisition, which has strengthened its production base and positioned the company as one of Nigeria’s most impactful indigenous oil producers.
Energy Security and the Bigger Picture
Speaking on the theme, “Revitalising Nigerian Petroleum Exploration and Production Strategies for Energy Security and Sustainable Development,” the Seplat COO stressed that reliable and affordable energy is key to building a prosperous Nigeria.
A statement from Seplat’s Corporate Communications Manager, Stanley Opara, added that:
• Over 70 million Nigerians still lack access to electricity, and
• Over 170 million people depend on biomass for cooking, which harms health and the environment.
With Nigeria’s population projected to reach 237 million by 2025 and 400 million by 2050, Ezugworie said the urgency to expand domestic energy supply has never been greater.
“We will have 160 million more people to feed and house, and we need to create 100 million new jobs. Imagine what Nigeria can achieve if we act now,” he said.
The Path Forward: Oil, Gas, and Partnerships
To tackle these challenges, Ezugworie outlined Seplat’s multi-pronged plan:
1. Increase oil production to drive government revenue and GDP growth.
2. Harness gas reserves to expand domestic access to clean, affordable energy.
3. End routine gas flaring by capturing and monetising gas from its operations.
He noted that Nigeria’s energy transition is also witnessing a shift in ownership — as international oil companies (IOCs) hand over assets to indigenous operators like Seplat. This shift, while challenging, also offers an opportunity to build local capacity, attract funding, and ensure Nigerian ownership of national assets.
“These challenges come with opportunities to harness local knowledge, build resilient partnerships, and create an industry owned and managed by Nigerians, for Nigerians,” he emphasised.
Gas Initiatives Driving Growth
Seplat Energy is making steady progress in its gas business, with several landmark projects underway:
• The ANOH Gas Processing Plant (a joint venture) is nearing completion and will soon deliver first gas.
• The Sapele Gas Plant has been upgraded and recently delivered its first cargoes of LPG (cooking gas).
• The company is also on track to end routine gas flaring in its onshore operations — a move that will reduce emissions, protect the environment, and boost profitability.
“These projects are not just about energy; they are about transforming lives and powering Nigeria’s development,” Ezugworie said proudly.
Key Takeaway
Seplat’s success in rehabilitating 33 wells and producing 33,000 bpd underscores its leadership among Nigeria’s indigenous energy firms.
By combining innovation, low-cost production recovery, and strong gas development, the company is proving that Nigeria’s energy future can be locally driven, globally competitive, and environmentally responsible.
️ Seplat’s Major Production Milestone
Seplat Energy Plc has successfully rehabilitated 33 oil wells, out of which 26 are now actively producing about 33,000 barrels of oil per day (bpd).
This milestone marks a major step in the company’s plan to close Nigeria’s production shortfall and strengthen the country’s energy security.
The announcement was made by Samson Ezugworie, Seplat’s Chief Operating Officer (COO), at the 43rd Annual Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos.
“We’ve worked on rehabilitating 33 wells and had success with 26, which are now producing about 33,000 barrels between them. That’s a step in the right direction to closing the current gap in production that could leave Nigeria with a shortfall in its revenues,” Ezugworie stated.
Low-Cost Strategy with Big Results
Ezugworie noted that Seplat’s approach focuses on reviving idle wells instead of developing entirely new fields — a low-cost strategy that maximises efficiency and boosts national output at minimal expense.
“We will continue to rehabilitate wells, which isn’t costing us much, and we’re optimistic that we can get more production to help our industry reach the government’s target,” he added.
This initiative follows Seplat’s recent offshore asset acquisition, which has strengthened its production base and positioned the company as one of Nigeria’s most impactful indigenous oil producers.
Energy Security and the Bigger Picture
Speaking on the theme, “Revitalising Nigerian Petroleum Exploration and Production Strategies for Energy Security and Sustainable Development,” the Seplat COO stressed that reliable and affordable energy is key to building a prosperous Nigeria.
A statement from Seplat’s Corporate Communications Manager, Stanley Opara, added that:
• Over 70 million Nigerians still lack access to electricity, and
• Over 170 million people depend on biomass for cooking, which harms health and the environment.
With Nigeria’s population projected to reach 237 million by 2025 and 400 million by 2050, Ezugworie said the urgency to expand domestic energy supply has never been greater.
“We will have 160 million more people to feed and house, and we need to create 100 million new jobs. Imagine what Nigeria can achieve if we act now,” he said.
The Path Forward: Oil, Gas, and Partnerships
To tackle these challenges, Ezugworie outlined Seplat’s multi-pronged plan:
1. Increase oil production to drive government revenue and GDP growth.
2. Harness gas reserves to expand domestic access to clean, affordable energy.
3. End routine gas flaring by capturing and monetising gas from its operations.
He noted that Nigeria’s energy transition is also witnessing a shift in ownership — as international oil companies (IOCs) hand over assets to indigenous operators like Seplat. This shift, while challenging, also offers an opportunity to build local capacity, attract funding, and ensure Nigerian ownership of national assets.
“These challenges come with opportunities to harness local knowledge, build resilient partnerships, and create an industry owned and managed by Nigerians, for Nigerians,” he emphasised.
Gas Initiatives Driving Growth
Seplat Energy is making steady progress in its gas business, with several landmark projects underway:
• The ANOH Gas Processing Plant (a joint venture) is nearing completion and will soon deliver first gas.
• The Sapele Gas Plant has been upgraded and recently delivered its first cargoes of LPG (cooking gas).
• The company is also on track to end routine gas flaring in its onshore operations — a move that will reduce emissions, protect the environment, and boost profitability.
“These projects are not just about energy; they are about transforming lives and powering Nigeria’s development,” Ezugworie said proudly.
Key Takeaway
Seplat’s success in rehabilitating 33 wells and producing 33,000 bpd underscores its leadership among Nigeria’s indigenous energy firms.
By combining innovation, low-cost production recovery, and strong gas development, the company is proving that Nigeria’s energy future can be locally driven, globally competitive, and environmentally responsible.