The Nigerian National Petroleum Corporation, NNPC and First E&P have commenced oil production at the Anyala oilfield.
The shallow offshore field is in Oil Mining Leases 83 and 85 and will have peak production of 60,000 barrels per day, NNPC said.
Production will feed into the Abigail-Joseph FPSO, which connected to the field on October 21.
Nigeria’s oil production is limited by a supply-cut pact with the Organization of the Petroleum Exporting Countries (OPEC) and other producer nations such as Russia. Low oil prices brought on by coronavirus containment measures has also cut oil company budgets, limiting new exploration.
” we will continue to work with partners to deliver low-cost barrels in spite of the current market dynamics occasioned by the COVID-19 pandemic,” NNPC Group Managing Director Mele Kyari said.