Rig owners in nigeria. Wellsmart Drilling Nigeria Ltd.

Rig owners in nigeria com Address: No. The active rig count in Nigeria had fallen by half year-on-year but recent hunt for land rigs by Anglo-dutch supermajor Shell and Nigerian independent Seplat Petroleum probably showed exploration and production activities were about to pick-up again. 5M NET TO OWNERS www. He noted that the commission is working closely with stakeholders, including funders, rig owners, and others, to achieve this target. The Federal Government of Nigeria had in 2012 set a production target of 2. 2B Deal with CPP, GIP Dec 24, 2014 · Total E&P terminated contracts with the rigs coz the owners failed to account for 11 million dollars meant for training of manpower and purchase of equipment for the rig. Deepwater drillships and rigs are advanced offshore drilling platforms designed for extracting oil and gas reserves in water depths of up to 10,000 feet or more. Oct 21, 2024 · Komolafe stated that the new initiative will create value addition for all stakeholders – Producers, Service Providers, Rig Owners, Financiers, Crude Oil off-takers, amongst others. 48 million barrels per day (mbpd), of […] Oil & Gas Map of Nigeria OilMapNG. Keywords - Oil price, rig rates, rig count, Nigeria, regression analysis. Domestic and Regional Energy Security; Value – driven Energy Transition Program; Oil & Gas as economic enabler, not just forex earner Contact Information Telephone: +234 (0) 803 948 8470 E-Mail: info@litewellservices. Originally, the rig owner secured an award for a one-year contract with BP in December 2022 at a day rate of $135,000, with a one-year option at a higher day rate. According to the USA Energy Information Administration, there are 17 billion to 22 billion barrels in Nigeria's oil reserves. With the aim of being Nigeria’s largest indigenous oilfield services firm and encouraged by the renewed local content drive in Nigeria, we have invested over $400m in the acquisition of five oil drilling rigs for use in the Niger Delta. Oct 31, 2024 · Nigeria Oil Rig Count is at a current level of 6. Ibigwe field by Walter Smith and Morris Petroleum 3. The following are the types of people are invited to join us today: Water Well Rig Owner, Driller AJIVIN Group of Companies is a team of leading indigenous companies in the Oil, Natural Gas, Maritime, Power, Water and Renewable Energy Industries in Nigeria. Rigmate Energy is a proudly Indigenous Nigerian company specializing in providing comprehensive solutions to the oil and gas industry. Association of Water Well Drilling Rig Owners and Practitioners (AWDROP) | 715 followers on LinkedIn. As the Founding President of the Association of Waterwell Drilling Rig Owners and Practitioners (AWDROP), he has championed best practices and regulatory improvements that have enhanced industry standards. com is an independent initiative to monitor the Oil & Gas industry of Nigeria promoting transparency and accountability in decision making and investment. 000 last month and down from 10. Apr 4, 2011 · Two of the three jack-up rigs, Seawolf Oritsetimeyin and Seawolf Onome, arrived the Nigerian waters on January 30. or. Komolafe said active rigs are currently Sep 9, 2023 · Portharcourt In Rivers State, Nigeria. Create new account Aug 14, 2018 · A breakdown of oil leases granted operators showed that the total number of Oil Mining Leases (OMLs) in operation in Nigeria by December ending 2012 was 109, while Oil Prospecting Leases (OPLs) stood at 92. The company did not disclose the name of the client. 1. . The document provides a summary of rig activity in Nigeria. ng 7, Sylvester Ugoh Street, Jabi, Abuja FCT +234 (91) 5228 6577 Rig owners seek alternative funding for oil industry Rig owners in Nigeria have tasked the Federal Government to implement the alternative funding stream for joint… Read More May 21, 2020 · List of Active Oil Fields in Nigeria. +234 803 403 1515. announced that its offshore jackup rig “Admarine 504” was awarded, on Jan. The firm term of the contract is approximately two years, and is scheduled to begin in December 2024, according to Shelf Drilling. The following are the types of people are invited to join us today: Water Well Rig Owner, Driller See more of Association Of Waterwell Drilling Rig Owners and Practitioners on Facebook. 27B, Prince Adelowo Adedeji Street, Off Admiralty Way Lekki Phase 1, Lagos. Feb 21, 2025 · “We believe that between now and the end of March, we should be achieving 50 rigs, that is our projection,” Komolafe said during the Heirs Energies’ Nigeria Petroleum Industry Leadership Discourse in Abuja. Oct 21, 2024 · Oslo-listed drilling contractor Shelf Drilling has secured contracts for two jack-ups valued at approximately $234 million for operations offshore Nigeria. Feb 1, 2025 · swamp rig available for sale built 2009 drilling dept 35,000 ft horse power 3,000 hp psi 15,000 psi pulling capacity 2,100,000 ib location delta state, nigeria price $80m usd net swamp rig is being sold with a running contract so inspection is on site of production buyers company profile with pof or bank comfort letter & loi must be submitted together to further dealing directly with owner Feb 27, 2025 · It said the country’s rig count had increased from eight in 2021 to 40 in 2025. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has disclosed that Nigeria’s rig count will hit 50 in March. This confirms the possibility to predict Nigeria rig rates and perhaps, well costs from oil price forecast. This is a change of -33. We also provide marine services, rig move services, as well among other adjacencies as per client request. INTRODUCTION The cyclical nature of the global crude oil market has One of the major knock-on effects of the FTX’s blowup up was the collapse of Bitcoin-backed lenders, such as Celsius, Blockfi, and Voyager. His company, a pioneer in Nigeria’s indigenous oil exploration sector, plays a pivotal role in the nation’s energy landscape. . 2024 Rig Disposition Summary (Excel format) 2024 Rig Disposition Statistics ( Excel format ) Have any questions? info@nuprc. According to the data cited by Nairametrics, original status data shows that Shell has 63 drilling locations, 7 gas shows, 50 plugged and abandoned gas shows, 6 oil shows, 278 plugged and abandoned oil shows, 7 oil, and gas shows, 13 Jan 19, 2023 · Nigeria’s oil rig count increased to 12 in December, a 71 percent increase from September last year, according to new data from the Organization of the Petroleum Exporting Countries (OPEC). Uquo field by Frontier Oil 4. -- · Experience: Association of Water Well Drilling Rig Owners and Practitioners (AWDROP) · Location: Nigeria · 7 connections on LinkedIn. According to the rig owner, the extension is in direct continuation of the rig’s current contract for workover operations… GMS Wins Jack-up Contract Nov 21, 2022 · Chevron is in the hunt for a jackup to undertake drilling operations in one of its core plays in Nigeria. This rig is of a Marathon LeTourneau 116-C design. We either own rigs or partner with foreign rig manufacturers to offer you drilling rigs. very important notice proof of fund/ bank comfort letter is ma Association of Water Well Drilling Rig Owners and Practitioners (AWDROP) | 668 followers on LinkedIn. Mar 12, 2024 · The Association of Waterwell Drilling Rig Owners and Practitioners (AWDROP) in Nigeria, has offered to assist President Bola Tinubu- led Federal Government in the area of food security by deploying their expertise in groundwater resources on irrigation projects across the country. Working with strategic partners we are positioned to offer consolidated Well Delivery Services, Pre-Drilling, Drilling Completions and Jack Up Services. gov. Feb 27, 2025 · The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said country’s rig count increased from eight in 2021 to 40 in 2025 and will hit 50 by the end of the year. Association Of Waterwell Drilling Rig Owners & Practitioners is the Rigmate Energy is a proudly Indigenous Nigerian company specializing in providing comprehensive solutions to the oil and gas industry. Apr 21, 2022 · Nigeria is known to be one of the largest crude oil-producing countries in Africa, and ranked the 6th oil producer in the world. Log In. Umusadege field by Midwestern Oil and Gas, and Suntrust Obodogwa/Obodeti field by Pillar Oil Full List of Oil Block and Oil Well Owners in Jan 24, 2025 · ADES’ Admarine 504 jack-up rig will go to Nigeria for its next drilling contract to work with Brittania-U, an indigenous integrated energy company that operates across Nigeria’s oil and gas value chain. The following are the types of people are invited to join us today: Water Well Rig Owner, Driller Association of Water Well Drilling Rig Owners and Practitioners (AWDROP) | 708 følgere på LinkedIn. Constructed at Hyundai Heavy Industries in Korea, the rig can accommodate 120 people. The 1981-built Adriatic I jack-up rig had its last upgrade in 2014. We own and operate three rigs, two Swamp barges and one ultra shallow off shore rig. Rig sharing model will require establishment of Rig club by Operators with membership drawn from Nigerian content complaint Rig owners. Rig Monarch completed a 1-well fracking and testing program for Conoil Producing in November 2018. They are new builds by the United Arab Emirates-based oil and gas equipment fabrication specialists, Maritime Industrial Services (MIS), valued at a cost of $508 million and they join the third rig, Delta Queen, which has been in the country since last year. € 56 Cardinal Drilling CDS-203 Land Rig Kukuru Stack yard, Sapele, Delta StateN/A Stacked Not Licensed for 2023 € 57 DWC Drilling DWC Rig 20 Lang Rig N/A N/A Stacked Not Licensed for 2023 € 58 Melcurt Nigeria Ltd Melcurt Rig-1 Land Rig N/A N/A Stacked Not Licensed for 2023 Jan 17, 2019 · Rig Imperial successfully completed a 2-well drilling campaign for Moni Pulo Nigeria Ltd in November 2018. ASSOCIATION OF WATER WELL DRILLING RIG OWNERS & PRACTITIONERS (AWDROP) is a professional organization that was established on 4th of June, 2013 and represents the interests of water well drilling rig owners and practitioners in water related sectors in Nigeria. With deep expertise in drilling operations, we offer a wide range of services, including drilling consultancy, rig mobilization and demobilization, equipment rental and purchase, and offshore rig support. It lists 11 active rigs from various contractors that are on land or offshore locations drilling exploration, development or appraisal wells. The Saudi firm sees this award as a new milestone in its diversification strategy, paving the way for further growth alongside its robust Crude Oil Rigs in Nigeria decreased to 10 in February from 12 in January of 2025. Association Of Waterwell Drilling Rig Owners & Practitioners is the Jul 30, 2019 · The chosen rig will have to drill, complete, test, temporarily abandon and workover wells in water depths ranging from 1000 to 1800 metres. 2 – 1. About the Business: Association Of Waterwell Drilling Rig Owners & Practitioners is the umbrella body for rig owners, drillers, contractors, scientists, suppliers, drilling rig engineers, pump installers & managers of groundwater resources in Nigeria. At least 51% of the Proceeds from the contracts to be executed by this Rig shall be domiciled in Nigerian Banks for non-wholly Uniterm Nigeria Limited is poised to be the preferred provider of drilling rigs and operations in the Nigerian oil and gas sector. 55Melcurt Nigeria Ltd Melcurt Rig-1 Land Rig N/A N/A Stacked Not Licensed for 2023 56Nigerblossom Nigeria Limited Nigerblossom 101 Land Rig NAOC Port Harcourt Yard Stacked Not Licensed for 2023 57Oando Energy Services Limited OES Passion N/A Swamp Barge FOT Onne Stacked Not Licensed for 2023 Offshore Jack Ups. Jun 15, 2024 · List of Oil Well Owners in Nigeria both International Oil Companies (IOCs) and domestic oil businesses are listed as owners of oil wells in Nigeria. com website is created by and for offshore managers and platform owners working in the oil and gas industry. Ale has played a crucial role in revolutionizing Nigeria’s borehole drilling industry. Association of Water Well Drilling Rig Owners and Practitioners (AWDROP) | 703 seguidores no LinkedIn. Nigeria is the biggest producer and exporter of oil and gas in Africa. 8, a drilling contract in Nigeria by Brittania-U, an integrated energy company that operates across the oil and gas value chain in the West African country, according to a statement to Tadawul. ABOUT THE ASSOCIATION The Association of Water Well (Borehole) Drilling Rig Owners & Practitioners is the hallmark organization for anyone affiliated with the groundwater industry in Nigeria. Cumulatively, over 200,000 barrels are exported from these oil blocks daily. Association Of Waterwell Drilling Rig Owners and Practitioners, Ibadan, Nigeria. Jul 2, 2024 · Mike Adenuga, a renowned entrepreneur and owner of Conoil, manages multiple blocks contributing over 200,000 barrels of crude oil daily. 1,718 likes · 69 were here. The following are the types of people are invited to join us today: Water Well Rig Owner, Driller NEWS New. The operators regretted that the inability of government to execute the plan has further thrown the industry into instability, which has drastically affected the nation’s economy. Asuokpu/Umutu field owned by Platform Petroleum 2. Wellsmart Drilling Nigeria Ltd. Jul 12, 2017 · Rig owners in Nigeria have tasked the Federal Government to implement the alternative funding stream for joint venture operations it approved in November last year. This requires ship-owners active in the country’s maritime zone to operate via companies established in Nigeria, where possible owned 60% by indigenous people. Crude Oil Rigs in Nigeria averaged 10. 76 from 1995 until 2025, reaching an all time high of 23. In West Africa our first rig the Endeavour Spirit of Independence is being upgraded in Saldanha Bay South Africa and would subsequently be deployed in late 2016 for drilling operations for a number of Nigerian Independent Oil and Gas Operators in Nigeria. We take care of the whole logistics involved in moving Swamp Rigs such as drawing up a standard Rig move plan, supply of experienced Rig movers, interface with host communities on community issues and settlement. 1,732 likes · 1 talking about this · 69 were here. We cover all terrains: land, swamp, shallow offshore and deep offshore. rigowners. 1 Send a letter of Intent ( LOI) to get an offer from the crude Jul 24, 2019 · ExxonMobil has begun prequalifying rig owners for what could be a five-year deep-water drilling campaign in Nigeria. Dec 12, 2024 · This rig is available for sale *selling for $35m* *30,000 ft dd* location: warri, delta state. May 25, 2023 · Mike Adenuga; Mike Adenuga, the owner of Conoil, owns and operates 6 oil blocks across the country. 24, Oil Serve Lane, Off Trans Woji Road, Woji, Port-Harcourt, Rivers State, Nigeria. They have either tossed their lines or switched off their phones but we will definitely get them to talk to enable us find out what went wrong. We are proud to have Nigerians occupying all shore-based rig management positions; and having accumulated over 100 years work experience. The operators regretted that the Nov 6, 2015 · The Africa Finance Corporation (AFC) has underwritten $65 million of a $100 million senior secured term loan facility for Depthwize Nigeria Limited, for the acquisition and upgrade of swamp rigs. 00% from one year ago. I. Association Of Waterwell Drilling Rig Owners & Practitioners is the umbrella body for rig VALIANT is a 100% Nigerian owned multi-oil services platform established in 2013. 5 days ago · The rig is in the creek and efforts are ongoing to establish what led to the collapse of the rig” “Owners of the rig are not forthcoming with information. Our competitive advantage lies in our strategic alliances with industry leaders, including renowned OEMs, shipyards, and vessel/rig owners. The Dubai-based rig owner has finalised a three-year contract for the Shelf Drilling Achiever, with operations scheduled to commence in October 2024. Procedure For Swamp Rig Hire. The company has now fully executed a three-year contract for the Shelf Drilling Achiever jack-up rig for operations offshore Nigeria. Dubai-headquartered offshore driller Shelf Drilling has secured a one-year extension to the jackup Trident XIV's current workover operations contract offshore Nigeria. Behind it is a Nigerian management team who interface more than 12 years of expertise in oil & gas operations in Nigeria, the Gulf of Guinea and the MSGBC (Mauritania-Senegal-Gambia-Bissau-Conarky) Basin. 000, down from 9. The goal of this website is to provide oil and gas platform in a quick and concise way with the latest news from the offshore harbour and oil and gas industry. Ledn, a Bitcoin-ba Mar 9, 2018 · The PQWT agent in Nigeria （Michael Ale） The Association of Professional Rig Owners and Borehole Drilling Practitioners (AWDROP) has procured a new Intelligent Automatic Mapping Geo 3 days ago · Beyond technical advancements, Engr. 00 one year ago. We have our presence in 27 States of Nigeria. com On this page, you'll find a list of drilling contractors in Nigeria who offer drilling services for various purposes, including water boreholes, oil exploration, and geotechnical investigations. Dakotelin in Partnership with Rig Owners in Europe and America are in a position to supply rigs (Land/Swamp/Offshore) suitable for Drilling/Workover and Well Abandonment operations in Nigeria. A rig count is a reflection of the level of exploration, development, and production activities occurring in a country’s oil and gas sector. Aug 6, 2019 · The rig owner said in a statement on Monday that the contract was in direct continuation of its current contract for drilling operations offshore Nigeria. The company has been operating in the country since 1937. Ajapa field – Britania-U 5. Association of Water Well Drilling Rig Owners and Practitioners | Organisation of people associated with the groundwater, water well and borehole industry in Nigeria Oct 3, 2023 · On the other hand, the Adriatic I jack-up rig’s last deal was a 90-day contract in Nigeria, which commenced in May 2023. Main Pass IV jack-up rig (Credit: Shelf Drilling). Also the company has laid off over 400 workers due to inability to pay salaries, and to think that the rigs pump out up to 150,000 USD per day, while offshore. The rig was commissioned by Saudi Aramco Nabors Drilling Company (SANAD) and is part of the 55 rigs that ARM plans to supply to the Middle Eastern and North African drilling markets by 2025. 00 in January of 2000. Aug 31, 2005 · S upply vessel owner and operator Bourbon has formalized a long-running collaboration in Nigeria, following new legislation from the government. Oct 10, 2024 · Offshore drilling firm Shelf Drilling has secured $234 million in contracts and extensions for two of its jack-up drilling rigs - Shelf Drilling Achiever and Adriatic I - for work offshore West Africa. The rig can operate in water depths of up to 350 ft and accommodate 120 people. “Then the country will achieve . In addition, onshore Nigeria, the supermajor has started a tender exercise The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has disclosed that Nigeria’s rig count will hit 50 in March. View John Nnamso’s profile on LinkedIn, a professional community of 1 billion members. The Chief Executive, NUPRC, Gbenga Komolafe said this on Wednesday in Abuja at the ongoing 2025 Nigeria the rig, the wider the margin caused by oil price changes. 00 in February of 2020 and a record low of 3. 33% from last month and -40. According to information on Bassoe Offshore, the rig has been under contract with Chevron off Nigeria since March 2018. Swamp Rig Hire Rate: $75,000 less $5,000/day for Facilitators. 5MMBOPD Refining capacity; Nigeria, the panel urged, should be able to dominate the supply of Gas, Power and Petroleum products to West and Central Africa. Jul 13, 2017 · Rig owners in Nigeria have tasked the Federal Government to implement the alternative funding stream for joint venture operations it approved in November last year. https://wellsmartdrilling. Oct 4, 2023 · With the Nigeria-Morocco pipeline being among Africa’s most-anticipated projects, ONHYM will be welcoming an important number of African Ministries and NOCs for the Africa Regional Cooperation Roundtable, while hosting a series of networking events throughout two full days with the presence of the country’s Project Owners, such as Chariot Jan 9, 2025 · ADES Holding Co. The proposed model seeks to confer the following advantages- optimized Rig schedule/utilization, shared services, cost reduction and improved production efficiency. Thu 26th 15:30 Seatrium Scores Kaskida FPU EPC Work from BP; Thu 26th 15:20 Biden Administration Approves 11th Offshore Wind Project; Thu 26th 13:32 FERC Approves ALLETE Privatization under $6. It produces an average of about 2million barrels of crude oil per day. Komolafe said active rigs are currently Feb 26, 2025 · Arabian Rig Manufacturing (ARM), a joint venture between NOV and Aramco, delivered rig-10 in Ras Al Khair, Saudi Arabia. 70% of every oil produced in Nigeria comes from the Niger-Delta region of the country, which constitutes about 7% of the Nigeria’s land mass. These platforms are equipped with advanced technology and equipment to ensure safety, efficiency, and productivity in the deepwater drilling operations that are essential to meet the OIL RIG FOR SALE!!! 3000HP swamp Drilling rig Pressure Rating: 10,000 psi Max Drilling Depth: 20,000 ft Length 220 ft x Breath 20ft x Hull 14ft Slot: Width 20ft x Length 40ft Well Centre to Slot End 12ft Transit Draft; 7ft Light Rig Draft: 6 ft Max Water Depth: 21 ft Accommodation: 100 pax Diesel: 2,300 bbls Drill Water: 6,600 bbls Pot Water Feb 1, 2025 · 1200 HP LAND RIG AVAILABLE FOR SALE NIGERIA WATERS PRICE $9. 1,755 likes · 2 talking about this · 69 were here. Nov 29, 2022 · The US supermajor and its joint venture partner the Nigerian National Petroleum Company Limited (NNPC) are pre-qualifying rig owners for a drilling campaign that is due to start in the second quarter of 2023, according to Nigerian Petroleum Exchange (Nipex), an electronic one-stop transaction centre, which improves on value procurement in Rig Owners30 12Active 25Standby 16Stacked Rig Disposition Report Cou nt b y T y p e 0 10 20 30 Land Swamp Jack-up Hydraulic Work Over Unit Semi-Submersible Drillship 31 9 8 2 2 1 Cou nt b y T er ra i n 0 10 20 30 Onshore Offshore Swamp 33 11 9 53Count Rig_Owner (Blank) Accelerated Compact Energy Solutions Limited Acme Energy Integrated Services Jan 24, 2025 · “Following our successful expansion over the past couple of years into India and Southeast Asia, we are now making our first foray into West Africa with this new award in Nigeria, a country with high oil and gas potential and strong demand for drilling rigs in the coming years, particularly in the offshore jack-up segment. The www. AFC, in conjunction with JP Morgan, is the co-mandated lead arranger for the transaction. Oct 13, 2022 · Oil and gas companies in Nigeria contribute more than 65% of the government's budget funds. List your drilling contracting business to reach clients seeking drilling solutions across Nigeria. com 07470 582906. Dec 6, 2024 · The 2003-built Noble Innovator jack-up rig is of Gusto MSC CJ 70–150 MC design. Rig owner also owns other drilling Rigs or Work over assets not limited to Hydraulic Work over Rigs, Self-Elevating Workover Platform (SEWOP). Rigmate Energy is a proudly Indigenous Nigerian company specializing in providing comprehensive solutions to the oil and gas industry. Oct 10, 2024 · The jack-up’s previous deal was a 90-day contract in Nigeria, which commenced in May 2023. Jan 3, 2024 · Owner of 1. IOCs with a long history of operations in Nigeria, like Shell, ExxonMobil, Chevron, Total, and Eni, have made large investments in the exploration and production of oil and gas. The US supermajor and its joint venture partner NNPC Limited are pre-qualifying rig owners Oct 11, 2022 · Shell – The data shows that Shell has operated 2,678 wells in Nigeria within the dates under review. The Chief Executive, NUPRC, Gbenga Komolafe said this on Wednesday in Abuja at the ongoing 2025 Nigeria International Energy Swamp Rig Move One of the major areas in Marine Operation that Trucking Land & Sea Limited specialise in is the planning and execution of Swamp Rig Moves. The Rig has stayed in Nigeria for over 5 years. Dec 3, 2024 · Offshore drilling contractor Shelf Drilling has secured work for its Main Pass IV jack-up rig offshore Nigeria. “The Project 1 Million Barrel initiative is pivotal to production ramp-up, energy security, and economic resilience, all in the overall national interest. The rig can operate in water depths of up to 350 ft and can accommodate 120 people. mustardseedshipping. hvun iimm jbh opnov yrfwtn dohk payxospx lzrrhu dnbm byoyl jqfmfeq qcjeu txqzfq rqbrns htwn