Local firm, BelemaOil achieves 11,000 bpd

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An indigenous oil firm, BelemaOil Producing Limited which recently took over the oil mining lease (OML 55) from Chevron, has increased its production by 3,000 barrel per day (bpd) to hit 11,000bpd,The Nation reports.

The Niger Delta Oil Producing Communities Empowerment Forum (NDOPCEF) Chief Media Secretary Comrade Amaibimabo Godswill Tamunofubura, confirmed this in a statement and said: “The Niger Delta people are proud of BelemaOil, who just took over OML 55 field works on June 2, 2016 and, in 18 days of take over, is able to take production from 8,000 barrels daily to 11,000 barrels per day.”

Commending Chevron Nigeria Limited for handing over the fields to BelemaOil, he said the divestment will create economic empowerment for the Niger Delta oil producing communities and promote peace and order. Tamunofubura who also hails from the community of OML 55, lauded BelemaOil for fulfilling some of its promises to host communities by employing a total of 350 community youths across OML 55 and Niger Delta communities.