The Nigerian Content Development and Monitoring Board (NCDMB) has assured Heritage Energy & Oil Services Limited and its joint venture partners of continued support for their operations on Oil Mining Lease (OML) 30.
Heritage Energy, along with Shoreline Natural Resources and NNPC Exploration and Production Limited (NEPL), met with the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, at the Board’s Lagos liaison office to discuss operational plans for OML 30.
The discussions focused on short, medium, and long-term strategies, as well as the urgent need for the approval of key documents required for drilling and other vital projects.
Heritage Energy, the operator of OML 30, revealed its ambitious goal to ramp up production from the current 45,000 barrels per day (bpd) to 100,000 bpd by 2030.
This expansion plan includes a four-rig drilling campaign targeting underdeveloped fields, gas development in line with Nigeria’s gas master plan, and increased exploration activities. The consortium is also investing in produced water disposal, flare gas gathering, and revamping the Trans Forcados Pipeline to enhance crude evacuation capacity.
Engr. Ogbe praised Heritage Energy’s contributions to Nigeria’s oil and gas sector, assuring them of NCDMB’s commitment to facilitating their investment initiatives.
“The efforts by Heritage Energy and its partners align with President Bola Tinubu’s renewed hope agenda, which aims to increase oil production, create jobs, and stimulate economic growth,” Ogbe said.
OML 30, located in the Niger Delta region, spans 1,097 square kilometres and contains several oil-producing fields. With ongoing investments, the joint venture partners expect a significant boost in production and long-term sustainable development in the region.
