The Aje field, offshore Lagos, where crude oil production started nearly two and a half years ago, saw its output decline by 75,936 barrels to 912,870 barrels last year, latest data from the Department of Petroleum Resources showed. The field began production with 127,224 barrels of oil in May 2016, and produced a total of […]
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Following the sale of the first oil production from Aje field, partners in the Oil Mining Lease 113 offshore Lagos, where the field is located, have earned their first income. A top official of one of the partners disclosed this in a telephone interview with our correspondent on Wednesday, saying the second sale would be […]
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Twenty years after it was discovered, the Aje field located in Oil Mining Lease 113 has achieved its first oil, putting Lagos on the list of oil-producing states in the country. According to Punchng, The milestone is coming after several missed targets for the achievement of first oil, the latest being March this year. Yinka […]
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