NIGERIAN NATIONAL

PETROLEUM CORPORATION

JANUARY DECEMBER 1999

CORPORATE PLANNING AND DEVELOPMENT DIVISION (CPDD)

TABLE OF CONTENTS
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Executive Summary
General Review of Nigerias Petroleum Industry Activities in 1999
1999 Seismic Activities: Exploration
1999 Seismic Activities: Processing and Re-processing
1999 Rig Operations by Company
1999 Drilling Summary by Company
Crude oil, Gas and Water Production - Full year 1999
Summary of Crude Oil Production compiled from Companys Monthly Report
Crude Oil Production by Company, Crude stream
Monthly Analysis of Crude Oil Production by Stream
Monthly Analysis of Crude Oil Production by Company
Nigeria Crude Oil Exports
Analysis of Crude Oil Production vs Exports
Nigeria Crude Oil Exports by Destination
NNPC Equity Crude Oil Exports & Revenue by Types
Gas Export and Revenue
Gas Production and Utilization by field
Summary of Gas Production and Utilization by Company
Nigerian Gas Company: Gas Sales
Joint Venture Gas Sales Statistics
Total Crude Oil and Gas Revenue Flow
Nigerian Crude Oil Realizable Prices
Average Spot Prices of OPEC Reference Basket and Some Selected Crudes
Nigerian Crude Oil Production and Exports (1961 1999)
Nigerian Natural Gas Production and Disposal (1961 1999)
World Crude Oil Production and Exports (1961 1998)
Crude Oil Production in OPEC Member Countries (1961 1999)
OPEC & Nigeria: % Contribution to World Crude Oil Production and Exports
Nigerian Crude Oil Reserves and Production Ratio
1999 Refinery Crude Oil Balance
Crude Oil Received
Crude Oil Processed
Finished Products
Refinery Production Returns
Refinery Fuel and Loss Statistics
Domestic Consumption of Petroleum Products by States
Petroleum Products Distribution by Marketing Company
Bunker Sales Report
Petroleum Product Exports
Petroleum Products Imports
Annual Petroleum Products Sales in Nigeria
Petroleum Products Retail Price Trend
Glossary of Terms

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EXECUTIVE SUMMARY

Joint Venture Companies (JVCs) acquired a total of 1,988 square kilometers of 3-D Seismic
data while 512 kilometers of 2-D and 10,888 square kilometers of 3-D seismic lines were
processed and reprocessed. In all 20 rigs were in operations both onshore and offshore. A
total of 125 wells were spudded/re-entered involving nine (9) Exploration, six (6) Appraisal
and eighty-six (86) Development wells, while twenty-four (24) wells were worked over.
Total crude oil production including condensate stood at 774,703 million barrels averaging
2.122 million barrels per day. Total crude oil exports amounted to 678.111 million barrels
averaging 1.858 million barrels per day. Of this, the Federation (NNPC) Equity oil exported
stood at 342.960 million barrels (50.58%) while that of Joint Venture Companies (PSCs)
were 335.152 million barrels (49.42%).
Total revenue generated into Federation Account amounted to $7.343 billion. The revenue
was made up of $.521 billion from NNPC oil and gas equity sales, $1.060 billion from
Royalties, $549.79 million from PPT and $211.44 million from other sources.
A total of 1,328 Billion standard cubic feet (Bscf) was produced during the year by all the oil
companies operating in Nigeria in 1999. About 798.42 Bscf representing 60.11% of the total
production was flared.
Nigerian Gas Company (NGC) sold 119.12 Bscf of natural gas for the total sum N3,937
million while Shell Petroleum Development Company (SPDC) made sales of 84.686 Bscf at
N724.909 million.

Crude oil supplies to the local refineries by Pipelines and Products Marketing Company
(PPMC) were 65.980 million barrels, while 66.409 million barrels were processed into
petroleum products by three refineries. This means that the refineries took about 430,120
barrels from stock to be able to process 66.409 million barrels. Total petroleum products
produced by the refineries stood at 7.758 million metric tons (57.148 million barrels).
PPMC evacuated 7.348 million metric tins of petroleum products from all the domestic
refineries. It imported about 2.639 million metric tons of petroleum products into the country.
In all about 9.988 million metric tons of petroleum products were made available for
consumption.
A total of 2.066 million tons of petroleum products were exported, while 754,959 metric tons
of AGO and LPFO were sold as bunkers.

GENERAL

REVIEW

OF

NIGERIAS

PETROLEUM

INDUSTRY

ACTIVITIES IN 1999
1.

INTRODUCTION

This 1999 Annual Petroleum Bulletin is the third edition since the recommencement of the
publication with 1997 edition after ten years hiatus. In other to continue to improve upon the
quality of the bulletin, this edition took note of valuable comments and suggestions made by
readers to earlier publications and tried as much as possible to incorporate them.
The activities undertaken within Nigerian Oil and Gas Industry during 1999 are given herein
below. Following it is the detailed analysis of data in tabular and chart forms.
2.

SEISMIC AND DRILLING ACTIVITIES

Seismic exploration activities were undertaken by only four (i.e Shell, Chevron, Elf and Pan
Ocean) of the seven Joint Venture Companies. They acquired a total of 1,988 square
kilometers of 3-D seismic data. This is a shortfall of about 751.40 square kilometers when
compared with that of 1998. This shortfall was due to community problems and late start of
one of the crews. There was no length of 2-D seismic data acquired compared with 864
kilometers acquired in 1998.
512 kilometers of 2-D and 10,888 square kilometers of 3-D seismic data were processed
and reprocessed by four Joint Venture Companies (Shell, Mobil, Chevron and Elf). Shell
processed and reprocessed 512 kilometers of 2-D and 7,417 square kilometers of 3-D
seismic data. None of the Production Sharing companies was involved in seismic activities
in 1999.

During the year 20 rigs both offshore and onshore were in operation compared with 30 in
1998. This might not be unconnected with falling crude oil prices witnessed in 1998 and
cash called crunch. Of the 20 rigs, in operation, 9 were offshore while 11 were onshore
(Land/Swamp). A total of 125 wells were spudded/re-entered. The wells were made up of
Exploration/Completion (3), Appraisal (4), Development wells (80) and Workovers (17).
3.

CRUDE OIL PRODUCTION.

Available statistics show that the total crude oil production (including condensates) during
1999 was 774,703,222 barrels (bbls) which averaged 2,122,475 barrels per day (b/d). this
shows a decline of 31,740,777 bbls when compared with the total production figure of
806,443,999 bbls recorded in 1998. the decline is principally due to reduction in OPEC oil
production quota of member countries witnessed in 1999.
Shell Producing Development Company of Nigeria (SPDC) produced 257,773,550 bbls
(706,229 b/d) which is about 33.27% of the total oil production. This is followed closely by
Mobil which produced 224,563,433 bbls with an average of 615,242 b/d and about 28.99%
of the total. Chevron, Elf and Nigerian Agip Oil Company(NAOC) produced 153,101,125
bbls (419,455 b/d), 45,387,564 bbls (124,349 b/d) and 36,309,893 bbls (126,876 b/d)
respectively. Apart from JVCs, crude oil was also produced by Production Sharing
Companies particularly the indigenous ones. These include Addax 4,418,019 bbls, Dubri
98,160 bbls, Amni 2,125,401 bbls and Moni Polo 3,575,715bbls.
Of all crude streams, Qua Iboe Light had the highest production figure of 190,346,684 bbls
or an average of 521,498 b/d which is about 24.57% of the total production. This is followed
by Bonny Light with production figure of 144,849,499 bbls or an average of 396,848 b/d
which is about 18.69% of the other crude oil streams with their production figures, average
daily production and percentage contribution are given below:

Escarvos Light

142,686,672 bbls

390,222 b/d 18.42%

Forcados Blend

117,101,824

,,

320,827 ,, 15.15%

Brass Blend

52,302,377

,,

143,294 ,, 6.75%

Odudu Blend

34,709,115

,,

95,093 ,, 4.48%

Pennington Light

17,290,831

,,

47,372 ,, 2.23%

Ukpokiti

8,781,005

,,

24,058 ,, 1.13%

Bonny Medium

7,891,536

,,

21,621 ,, 1.02%

Antan Blend

6,307,381

,,

17,280 ,, 0.81%

IMA

2,125,401

,,

5,823 ,, 0.28%

Oso condensate accounted for about 34,216,749 bbls (93,743 b/d) representing about
4.42% of the total oil production while other condensates accounted for about 16,094,148
bbls (44,094 b/d) representing about 2.08% of the total.
4.

CRUDE OIL EXPORTS

Total crude oil liftings for exports during the year 1999 amounted to 678,111,479 bbls
averaging 1,857,840 b/d. This shows a decline of about 28,154,019 bbls or 3.99% when
compared with total export figure of 706,265,498 bbls (1,934,974 b/d) recorded for 1998.
This was due principally to reduction in OPEC oil production quota of member countries
witnessed during the year under review.
Nigerian National Petroleum Corporation (NNPC) crude oil liftings for exports on behalf of
the Federal Government were 342,959,909 bbls (50.58%) while JVCs and PSCs liftings
were 335,151,570 bbls (49.42%).
Available statistics show that about 257,404,241 bbls (37.96%) were exported to North
America comprising Canada and USA while 162,836,881 bbls (24.01%) were exported to

Europe. Total exports to Asian and far east, Africa and South America were respectively
155,859,603 bbls (22.98%), 55,654,164 bbls (8.21%) and 46,356,590 bbls (6.84%)
5.

CRUDE OIL AND GAS REVENUE FLOW INTO THE FEDERATION ACCOUNT

The total oil and gas revenue flow into the Federation Account for the year in review was
about $7,343.10 million, which is about $381.59 million or 5.20% higher than the figure of
$6,961.51 million recorded in 1998. This was due to rise in oil prices when OPEC reduced
oil production quota of member countries. The revenue was made up of 5,521.35 from
NNPC oil and gas equity, $549.79 million from Petroleum Profit Tax (PPT) $1,060.52 million
from Royalties and $211.44 million from other sources of revenue such as receipts from
taxes, penalty for gas flared, rentals etc.
6.

NATURAL GAS PRODUCTION AND DISPOSAL

The country produced 1,328 Billion Standard Cubic Feet (Bscf) of associated natural gas
during the year. This shows a marginal increase of about 1.51% over that of 1998 which
was 1,3o8 Bscf. A total volume of 798.42 Bscf (60.11% of total production) was flared.
The breakdown for the disposal of the Natural Gas produced during the year is given below:
VOLUME (mscf)
Gas used as fuel

34,339,957

Gas sold to third parties

21,478,452

Gas Re-injected

368,355,076

Gas to EPCL

28,567,209

Gas to NGL

47,186,552

Gas to NGC

67,722,317

Gas Lift

44,955,767

Gas delivered to NNPC

352,326

Gas Flared

798,418,851

Nigerian Gas Company (NGC) sold 119.121 Bscf of natural gas for the total sum of
N3,937.477 million while Shell Petroleum Development Company of Nigeria (SPDC) made
sales of 84.686 Bscf of natural gas for N724.909 million.
7.

DOMESTIC REFINING

During the period in review, the three domestic refineries comprising Warri Refining and
Petrochemicals Company (WRPC), Kaduna Refining and Petrochemicals Company (KRPC)
and Port Harcourt Refining Company (PHRC) processed a total quantity of 66,409,254
barrels of crude oil made up of 36,650,005 barrels of Bonny Light, 28,962,230 barrels of
Escravos Light, 175,464 barrels of Forcados Blend and 621,554 barrels of Arabian Light.
The three refineries received 65,979,135 barrels for processing and hence had to take
430,119 barrels from stock to process the 66,409,250 barrels. The opening stock amounted
to 4,085,670 barrels.
The breakdown of crude oil proceeded by each of the three refineries is given below:
COMPANY

CRUDE OIL PROCESED

THROUGHPUT

(MT)

B/D

% CAPACITY UTILIZATION

PHRC

4,979,470

100,490

47.85

WRPC

2,682,760

54,140

43.31

KRPC

1,353,150

27,308

24.82

TOTAL

9,015,380

181,938

40.88

Total capacity utilization of all the refineries during the year averaged 40.88% (181,938 b/d
throughput) with PHRC, WRPC and KRPC averaging 47.85, 43.31 and 24.82 per cent

respectively. The low level of capacity utilization might not be unconnected with complete
overhauling KRPC.
Total petroleum products produced by all the refineries during the year stood at 7,758,361
metric tons. Total production by PHRC was 4,483,210 metric tons while WRPC and KRPC
produced 2,375,364 and 899,787 metric tons of petroleum products respectively.

8 DOMESTIS PETROLEUM PRODUCTS CONSUMPTION.

Pipelines and Products marketing Company (PPMC) evacuated a total of 7,348,928 metric
tons (54,132,204 barrels) of petroleum products from all the domestic refineries during the
year under review. This is about 3.17% higher than the total figure of 7,115,660 metric tons
of petroleum products evacuated during 1998.
The evacuation of petroleum products by types is given below:
METRIC TONS

PRODUCTS
LPG

51,033

PMS

2,000,762

DPK

1,283,082

AGO

1,806,100

FUEL OIL

2,077,844

LRS-1

129,929

PETROCHEMICALS

178

TOTAL

7,348,928

Total petroleum imports by PPMC into the country in 1999 stood at 2,639,189 metric tons.
The total white petroleum products available for domestic consumption therefore, stood at
9,988,117 metric tons of petroleum products available for consumption in 1998.
Total petroleum products (including both the light and heavy ends) sold during the year
stood at 10,369,585 metric tons. These include PMS 3,153,592 metric tons, Automotive
Gas Oil (AGO) 2,059,885 metric tons, Dual Purpose Kerosine (DPK) 1,217,383 metric tons,
High Pour Fuel Oil (HPFO) 1,826,015 metric ton and Low Pour Fuel Oil 1,037,844 metric
tons.
9 PETROLEUM PRODUCTS EXPORTS AND BUNKER SALES
A total of 2,066,306 metric tons of petroleum products were exported out of the country
during the year under review. These are made up 357,403 metric tons of Low Pour Fuel Oil
(LPFO); 1,499,793 metric tons of High Pour Fuel Oil (HPFO) and 127,969 metric tons of
Naptha. They also include Reformate, Slope, VGO and H. Slop in smaller quantities
754,959 metric tons of Automotive Gas Oil (AGO) and Low Pour Fuel Oil (LPFO) were sold
as bunkers.

Table 1a

1999 Seismic Activities:Exploration.

Company
J.V. COMPANIES
SHELL *
MOBIL
CHEVRON *
ELF
NAOC
TEXACO
PAN-OCEAN
SUB - TOTAL JV
P.S. COMPANIES
ADDAX PET.
ADDAX EXPL.
AENR
SNEPCO
STATOIL/BP
CONOCO
ESSO
NAOC (PSC)
CHEVRON (PSC)
ELF (PSC)
MOBIL (PSC)
SUB - TOTAL PSC
NAPIMS FES
GRAND TOTAL

2-D (KM)

3-D (SQ. KM)

1,009.000
587.000
216.000
176.000
1,988.000

1,988.000

* Short fall due to Community problems.

ASB 1999 Page 10

Table 1b

1999 Seismic Activities:Processing & Re-processing.

Company
J.V. COMPANIES
SHELL
MOBIL
CHEVRON
ELF **
NAOC
TEXACO
PAN-OCEAN
SUB - TOTAL JV
P.S. COMPANIES
ASHLAND OIL
ASHLAND EXPL.
AENR
SNEPCO
STATOIL/BP
CONOCO
ESSO
NAOC (PSC)
CHEVRON (PSC)
ELF (PSC)
MOBIL (PSC)
SUB - TOTAL PSC
NAPIMS FES
GRAND TOTAL

2-D (KM)

3-D (SQ. KM)

512.00
512.00

7,417.000
420.000
2,114.000
937.000
10,888.000

512.00

10,888.000

** carry over of 1998 acquisition program.

ASB 1999 Page 11

Table 2a
1999 Rig Operations by Company:
Company
J.V. COMPANIES
SHELL
MOBIL
CHEVRON
ELF
NAOC
TEXACO
PAN-OCEAN
SUB - TOTAL JV
P.S. COMPANIES
ADDAX PET
ADDAX EXPL.
AENR
SNEPCO
STATOIL/BP
CONOCO
ESSO
NAOC (PSC)
CHEVRON (PSC)
ELF (PSC)
MOBIL (PSC)
SUB - TOTAL PSC
NAPIMS FES
GRAND TOTAL

Total Number of Drilling Rigs

Hoist

Offshore

Onshore Land/Swamp

6
1
1
2
1
1
1
13

1
1
1
1
4

6
1
1
1
9

1
2
1
1
1
1
7
20

1
1
1
1
1
5
9

1
1
2
11

Source NAPIMS

ASB 1999 Page 12

Table 2b
1999 Drilling Summary by Company:
Company
J.V. COMPANIES
SHELL
MOBIL
CHEVRON
ELF
NAOC
TEXACO
PAN-OCEAN
SUB - TOTAL JV
P.S. COMPANIES
ADDAX PET.
ADDAX EXPL.
AENR
SNEPCO
STATOIL/BP
CONOCO
ESSO
NAOC (PSC)
CHEVRON (PSC)
ELF (PSC)
MOBIL
SUB - TOTAL PSC
NAPIMS FES

Exploratory

Appraisal

Development

Workover/

1
1
1
3

1
3
4

26
24
12
12
3
3
80

2
3
5
4
3
17

3
1
1
1
6
-

1
1
2
-

5
1
6
-

7
7
-

GRAND TOTAL

ASB 1999 Page 13

Table 3a
Crude oil, Gas and Water Production - Full year, 1999
Company: Shell
NAME OF FIELD
AFREMO
AFIESERE
AGBAYA
AJATITON
AJUJU
AKONO
AMUKPE
ABIGBORODO
ABURA
BATAN
BENISEDE
EGWA
ERIEMU
ESCRAVOS BEACH
EVWRENI
FORCADOS YOKRI
ISOKO
JONES CREEK
KANBO
KOKORI
OBEN
ODIDI
OGBOTOBO
OGINI
OLOMORO/OLEH
OPUKUSHI NORTH
OPOMOYO
OPUAMA
OPUKUSHI
ORONI
OTUMARA
OVHOR

NUMBER OF WELLS
67
265
7
6
23
13
12
50
120
54
86
86
64
505
12
4
28
28
112
138
101
35
62
215
22
19
104
310

4,078,382
3,076,466
743,318
641,250
981,144
499
245,353
198,952
871,372
4,831,628
7,819
1,811,981
974,444
2,580,627
707,663
25,898,647
602,398
116,323
4,759,450
2,480,732
3,288,960
3,262,231
3,779,270
1,249,532
4,094,526
1,292,777
3,205
1,322,336
7,294,968
382,383
8,074,762
5,155,671

QTY. OF OIL PRODUCED

bbls
648,410
489,118
118,178
101,950
155,989
79
39,008
31,631
138,537
768,166
1,243
288,081
154,924
410,286
112,509
4,117,548
95,773
18,494
756,691
394,404
522,902
518,652
600,855
198,659
650,976
205,535
510
210,234
1,159,805
60,794
1,283,782
819,685

m3
2,495,339
3,438,814
1,453,257
222,951
354,996
334
24,185
1,649,383
770,193
3,012,472
1,182
1,698,409
2,597,237
3,921,887
288,186
9,959,303
474,815
161,947
1,925,542
1,377,852
27,562,867
5,368,178
2,518,391
400,712
2,591,152
463,455
1,147
729,210
3,096,637
398,184
3,730,189
321,339

QTY. OF GAS PRODUCED

mscf
88,122,055
121,440,556
51,321,280
7,873,439
12,536,564
11,795
854,085
58,247,404
27,199,106
106,384,432
41,742
59,978,741
91,720,548
138,500,116
10,177,191
351,709,424
16,767,931
5,719,104
67,999,866
48,658,378
973,373,345
189,575,394
88,936,128
14,151,009
91,505,658
16,366,757
40,506
25,751,805
109,356,690
14,061,734
131,730,365
11,347,978

Quantity of Water Produced not indicated

ASB 1999 Page 14

API GRAVITY

m3
35.88
19.52
36.25
19.05
45.75
38.10
24.75
21.13
18.85
16.96
18.51
28.15
17.26
24.97
23.57
2.34
29.10
43.92
39.51
16.10
18.17
15.12
17.27
21.34
42.12
25.92
15.15
24.98
45.38

GAS/OI RATIO
135.90
248.28
434.27
77.23
80.37
148.68
21.90
1,841.48
196.33
138.49
33.58
208.20
592.04
337.57
90.46
85.42
175.08
309.24
89.86
123.37
1,861.48
365.52
148.02
71.23
140.57
79.63
79.49
122.49
94.29
231.30
102.61
13.84

Table 3a Contd.
Crude Oil, Gas and Water Production - Full year, 1999
Company: Shell
QTY. OF OIL PRODUCED
bbls

NAME OF FIELD
NUMBER OF WELLS

QTY. OF GAS PRODUCED

mscf

m3

API GRAVITY

m3

GAS/OIL RATIO

OWEH

31

1,364,198

216,890

986,775

34,847,626

18.46

SAGHARA

70

1,151,098

183,010

621,897

21,962,083

31.20

160.67
120.01

SAPELE

37

5,800,415

922,191

19,885,364

702,244,918

40.62

761.50

108

4,441,539

706,147

2,906,723

102,649,942

30.77

145.37

UGHELLI EAST

43

533,758

84,861

7,603,795

268,525,454

35.19

3,164.31

UGHELLI WEST
UTOROGO

67
71

1,034,445
1,946,749

164,463
309,508

980,678
39,424,891

34,632,313
1,392,276,719

15.48
62.87

210.58
4,498.36

UZERE EAST

137

1,115,356

177,327

1,042,395

36,811,828

15.96

207.59

UZERE WEST

69

673,991

107,156

564,673

19,941,236

18.29

186.10

1,951,377

310,244

1,404,516

49,600,008

22.72

159.87

ADIBAWA N/EAST

78

982,591

156,219

516,804

18,250,759

22.34

116.83

AFAM

12

143,049

22,743

921,913

32,557,046

43.34

1,431.52

AGBADA

54

6,554,802

1,042,128

4,136,740

146,087,577

22.55

140.18

277

1,708,483

271,627

2,566,901

90,649,242

35.36

333.73

71

5,322,903

846,272

6,322,589

223,280,096

37.34

263.84

104

1,101,126

175,065

7,633,144

269,561,904

41.35

1,539.78

220,473
165,075

35,052
26,245

122,055
147,061

4,310,331
5,193,410

29.53
9.07

122.97
197.88

5,318,725

845,608

8,804,426

310,925,332

35.00

367.69

TUNU

ADIBAWA

AHIA
AKASO
ALAKIRI
ASARITORU
ASSA
AWOBA
BELEMA
BELEMA NORTH
BONNY
BUGUMA CREEK
CAWTHORNE CHANNEL
DIEBU CREEK
EGBEMA
EGBEMA WEST
EKULAMA

46
114
12
102
11

8,668,296

1,378,146

8,030,786

283,604,497

34.06

205.79

384,105

61,068

276,812

9,775,522

35.76

160.08

1,744,077

277,286

1,655,314

58,456,855

27.57

210.82

129,810

20,638

513,320

18,127,723

39.28

878.36

17,137,432

2,724,629

23,994,733

847,365,897

37.25

311.00

167,434

26,620

265,729

9,384,130

6.94

352.52

1,325,224

210,693

989,116

34,930,298

38.26

165.79

67
53

1,183,948
11,039,904

188,232
1,755,201

981,369
9,782,306

34,656,715
345,458,835

41.79
29.22

184.12
196.82

246

Quantity of Water Produced not indicated

ASB 1999 Page 15

Table 3a Contd.
Crude Oil, Gas and Water Production - Full year, 1999
Company: Shell
NAME OF FIELD

ELELENWA
ENWHE
ETELEBOU
GBARAN
IMO RIVER
ISIMIRI
ISU
KALAEKULE
KOLO CREEK
KRAKAMA
MINI NTA
NEMBE CREEK EAST
NEMBE CREEK
NKALI
NUN RIVER
OBEAKPU
OBELE
OBIGBO NORTH
ODEAMA CREEK
OGUTA
ORUBIRI
OTAMINI
RUMUEKPE
SOKU
UGADA
UMUECHEM
TOTAL

QTY. OF OIL PRODUCED

bbls

NUMBER OF WELLS

274
103
12
59
36
295
26
7
130
113
51
45
10
465
29
6
28
24
290
39
166
8
32
5
11
7,139

3,619,566
182,451
2,466,316
4,993,898
7,544,583
683,381
220,966
7,928,938
2,704,142
1,249,117
4,420,307
555,830
17,310,572
579,452
392,478
815,396
767,839
5,304,288
5,066,921
3,647,530
224,795
1,355,909
95,066
6,395,347
214,649
1,381,789
258,240,978

575,464
29,007
392,112
793,965
1,199,491
108,649
35,131
1,260,598
429,923
198,593
702,771
88,370
2,752,156
92,125
62,399
129,637
122,076
843,313
805,575
579,910
35,739
215,572
15,114
1,016,777
34,126
219,686
41,056,958

m3

QTY. OF GAS PRODUCED

mscf

5,228,047
62,709
2,967,124
6,269,449
3,147,729
611,156
224,545
18,562,298
11,007,551
1,229,625
7,124,726
2,278,219
13,444,441
2,318,529
392,100
351,601
762,145
13,134,915
4,694,544
13,382,369
333,397
1,795,113
43,068
20,930,034
609,208
2,031,427
369,028,639

Note: Total Oil produced indicates 1,672,839 bbls of Condensate

Quantity of Water Produced not indicated

ASB 1999 Page 16

184,626,715
2,214,547
104,782,983
221,403,475
111,160,987
21,582,768
7,929,731
655,521,289
388,727,948
43,423,792
251,607,294
80,454,535
474,785,896
81,878,069
13,846,879
12,416,671
26,914,893
463,855,090
165,786,237
472,593,844
11,773,803
63,393,810
1,520,932
739,137,086
21,513,975
71,739,159
13,032,121,829

m3

API GRAVITY

38.88
15.65
31.79
33.75
31.22
248.70
17.73
40.23
39.60
22.19
41.96
37.35
31.22
40.20
2.51
26.27
20.25
24.30
36.21
43.39
11.57
25.18
19.53
34.51
40.85
37.63

GAS/OIL RATIO

320.83
76.34
267.23
278.86
92.67
198.65
225.72
520.01
904.18
218.66
358.02
910.43
172.51
888.77
221.91
95.78
220.48
550.04
205.80
814.94
329.43
294.07
100.63
726.94
630.42
326.55
317.42

Table 3b.
Crude Oil, Gas and Water Production - Full year, 1999
Company: Mobil
NAME OF FIELD

QTY. OF OIL PRODUCED

QTY. OF GAS PRODUCED

QTY. OF WATER PRODUCED

API GRAVITY

GAS / OIL RATIO

bbls

m3

mscf

m3

bbls

m3

ASABO

962,934.00
8,401,903.00

153,093.99
1,335,793.35

11,366,636.33
14,610,149.64

321,867,335.96
413,713,415.83

11,366,636.33
926,834.00

1,807,147.41
147,354.56

32.70
30.50

2,102.42
309.71

ASABO "D"

2,132,146.00

338,983.50

1,431,099.73

40,524,236.39

416,300.00

66,186.29

22.20

119.55

ASASA

28,877,085.00

4,591,081.11

38,208,115.08

1,081,933,463.50

21,733.00

3,455.26

37.88

235.66

EDOP

18,806,114.30

2,989,927.69

31,788,851.50

900,160,139.60

257,035.00

40,865.22

25.22

301.06

EKPE
EKU

3,197,785.00

508,406.24

13,654,200.74

386,643,954.22

843,442.00

134,096.31

21.64

760.50

3,617,491.00

575,134.04

2,965,914.09

83,985,344.40

302,644.00

48,116.46

32.08

146.03

EKPE WW

2,737,330.00

435,199.88

4,859,983.69

137,619,429.15

372,639.00

59,244.76

21.66

316.22

ENANG

7,422,439.00

1,180,071.31

10,346,898.03

292,991,559.48

774,055.00

123,064.68

32.28

248.28

15,834,732.00

2,517,516.54

20,843,841.10

590,231,921.85

119,553.00

19,007.37

54.09

234.45

287,212.00

45,662.97

866,181.24

24,527,524.25

20,008.00

3,181.01

35.40

537.14

INANGA

2,211,644.00

351,622.64

1,484,809.09

42,045,116.28

256,355.00

40,757.11

23.66

119.57

INIM

1,187,945.00

188,867.81

2,597,287.79

73,547,008.76

439,688.00

69,904.68

21.53

389.41

653,040.00

103,824.87

189,892.11

5,377,146.40

21.34

51.79

IYAK

2,546,761.00

404,901.89

4,116,744.40

116,573,233.66

921,264.00

146,469.00

23.66

287.90

IYAK SE

2,389,370.00

379,878.77

2,826,954.26

80,050,439.74

252.00

40.06

35.71

210.73

MFEM
OSO

2,977,342.00

473,358.67

2,694,271.04

76,293,268.90

90,379.00

14,369.09

21.34

161.17

34,745,850.00

5,524,138.45

137,902,214.88

3,904,956,333.42

682,182.00

108,458.07

20.03

706.89

UBIT

31,944,600.00

5,078,776.12

33,312,152.63

943,295,229.20

5,767,371.00

916,937.01

21.34

185.73

UNAM

14,461,114.00

2,299,129.13

5,858,389.68

165,891,141.81

1,315,870.00

209,206.22

21.34

72.15

USARI

29,710,982.00

4,723,659.90

57,884,145.95

1,639,096,678.24

234,858.00

37,339.37

41.04

347.00

UTUE

3,808,492.00

605,500.72

5,128,198.50

145,214,427.69

1,254,082.00

199,382.73

23.81

239.83

218,914,311.30

34,804,529.61

404,936,931.50

11,466,538,348.75

26,383,180.33

4,194,582.69

ADUA

ETIM/ETIMC
IDOHO

ISOBO

TOTAL

ASB 1999 Page 17

329.46

Table 3c
Crude Oil, Gas and Water Production - Full year, 1999
Company: Chevron
NAME OF FIELD
ABITEYE
UTONANA
MAKARABA
DIBI
JISIKE
ROBERKIRI
IDAMA
ABIGBORODO
BALEMA NORTH
JOKKA
BENIN RIVER
GBOKODA
DELTA SOUTH
DELTA
ISAN
WEST ISAN
EWAN
OKAN
MEFA
MEJI
DELTA SOUTH
MEREN
TAPA
PARABE
MALU
WEST ISAN
MINA
DELTA
INDA
MEJO
KITO
OPOLO
TOTAL

NUMBER OF WELLS
274
88
366
5
91
184
58
11
11
12
63
11
347
261
157
50
8
887
217
369
66
871
125
465
296
88
56
99
70
14
23
12
5,813

QTY. OF OIL PRODUCED

bbls
m3
381,068.79
2,396,855.00
1,716,393.00
272,884.17
3,789,658.00
602,506.36
4,028,586.00
640,492.80
1,388,942.39
220,823.78
3,632,614.31
577,538.45
1,911,105.89
303,840.99
339,763.98
54,018.06
522,584.64
83,084.16
7,266.33
45,703.93
11,227,137.06
1,784,968.84
1,891,701.94
11,898,469.34
6,952,373.00
1,105,336.93
1,032,140.74
6,491,982.00
697,933.00
110,962.27
258,895.00
41,160.94
9,211,910.00
1,464,573.94
18,972,948.00
3,016,452.08
4,248,578.00
675,468.67
5,848,581.00
929,848.35
717,102.44
4,510,447.00
27,632,533.00
4,393,213.52
1,480,724.00
235,415.87
586,969.83
3,691,936.00
604,514.68
3,802,290.00
58,292.27
366,648.00
51,811.00
8,237.28
136,586.69
859,106.00
5,681,568.19
903,295.48
1,998,049.00
317,663.82
485,490.00
77,186.60
5,013,330.00
797,054.30
151,154,945.74
24,031,671.36

QTY. OF GAS PRODUCED

mscf
m3
3,199,243.00
90,592,484.14
1,331,757.00
37,711,163.21
6,134,373.00
173,706,120.09
1,896,442.00
53,701,263.65
1,030,975.39
29,193,975.41
11,594,831.04
328,329,091.27
1,169,476.58
33,115,892.81
1,618,628.24
45,834,452.98
38,568.09
1,092,126.69
10,737,863.00
304,062,455.89
5,385,827.00
152,509,655.28
7,372,172.00
208,756,688.70
8,156,997.00
230,980,460.50
1,360,695.00
38,530,596.21
882,898.00
25,000,890.23
10,255,279.00
290,397,197.15
46,166,404.00
1,307,287,137.11
7,226,436.00
204,629,904.25
9,753,109.00
276,177,324.59
3,792,430.00
107,389,671.45
26,774,684.00
758,174,710.63
3,133,418.00
88,728,527.49
11,017,566.00
311,982,763.79
8,763,844.00
248,164,455.97
1,249,934.00
35,394,193.59
88,723.00
2,512,355.88
796,735.00
22,561,025.48
3,930,975.91
111,312,855.18
1,580,544.00
44,756,027.37
202,760.00
5,741,524.51
5,882,026.00
166,560,447.94
202,525,614.23
5,734,887,439.42

ASB 1999 Page 18

API GRAVITY
32.50
31.10
28.00
37.70
35.80
36.30
37.10
36.90
38.90
39.10
36.80
33.30
33.30
39.50
39.50
32.90
35.84
32.20
39.20
33.30
33.30
30.525
33.30
33.73
45.80
39.20
39.20
-

GAS / OIL RATIO

237.73
138.19
288.31
83.84
132.20
568.50
108.99
848.50
0.00
150.30
170.35
80.62
188.86
223.79
347.24
607.39
198.28
433.39
302.95
297.01
149.75
172.58
376.90
531.51
410.52
607.19
305.00
165.18
123.23
140.89
74.38
208.97
238.64

Table 3d.
Crude Oil, Gas and Water Production - Full year, 1999
Company: Elf
NAME OF FIELD

QTY. OF OIL PRODUCED

bbls

NUMBER OF WELLS

m3

QTY. OF GAS PRODUCED

mscf

m3

API GRAVITY

GAS / OIL RATIO

190

1,095,882

174,231

444,441

12,585,182

6,562,594

1,043,246

OBODO

99

507,491

80,684

419,050

11,866,176

3,106,468

493,831

OKPOKO

67

294,154

46,767

103,860

2,940,988

1,381,787

219,661

UPOMAMI

116

557,933

88,704

123,737

3,503,845

1,848,000

293,774

EREMA

36,034

5,729

7,053,163

199,723,348

32,083

5,100

OBAGI

52

1,343,069

213,531

1,331,562

37,705,632

989,225

157,256

OLO

52

1,343,069

213,531

1,331,562

37,705,632

1,890,529

157,256

IBEWA

13

241,954

38,467

3,061,181

86,682,990

686,806

2,885

119

3,460,191

550,125

1,161,611

32,893,160

1,890,529

300,535

EDIKAN

89

4,225,723

671,835

2,191,624

62,059,902

686,806

109,180

IME

79

4,622,773

734,961

3,074,734

87,066,795

2,067,163

328,614

ODUDU

90

4,984,199

792,423

8,703,709

246,461,619

3,022,937

480,552

OFON

84

14,296,216

2,272,912

9,964,159

282,153,602

255,307

40,586

1,054

37,008,687

5,883,900

38,964,393

1,103,348,872

24,420,233

3,632,474

AGHIGHO

AFIA

TOTAL

ASB 1999 Page 19

Table 3e
Crude Oil, Gas and Water Production - Full year, 1999
Company: NAOC
NAME OF FIELD

NUMBER OF WELLS

QTY. OF OIL PRODUCED

bbls
m3
367,184
58,377

QTY. OF GAS PRODUCED

mscf
m3
2,328,895
65,946,970

QTY. OF GAS PRODUCED

bbls
m3
12,921
2,054

API GRAVITY

GAS / OIL RATIO

AGWE

16

40.28

1,129.66

AKRI

113

2,851,368

453,330

13,203,990

373,895,404

608,805

96,792

41.90

824.77

ASHAKA

10

117,395

18,664

489,957

13,874,039

1,301

207

37.50

743.35

AZUZUAMA

31

574,669

91,365

1,429,780

40,486,866

475,622

75,618

36.50

443.13
115.66

61

1,126,899

179,162

731,798

20,722,214

1,271,870

202,211

26.00

125

1,684,124

267,754

340,485

9,641,463

1,885,567

299,781

34.40

36.01

99

2,069,402

329,008

10,384,249

294,049,221

574,216

91,293

34.30

893.74

100,863

16,036

1,079,118

30,557,223

2,041

324

1,905.55

EBOCHA

226

3,219,353

511,835

12,979,002

367,524,453

2,843,753

452,120

31.10

718.05

KWALE

87

915,648

145,576

8,814,326

249,593,947

751,885

119,540

35.80

1,714.53

MBEDE

255

4,818,846

766,134

41,151,395

1,165,277,880

924,713

147,017

40.60

1,520.98

OBAMA

150

3,772,566

599,789

9,688,807

274,356,494

4,652,118

739,626

29.80

457.42

OBIAFU

319

8,352,960

1,328,012

85,390,660

2,417,994,511

685,274

108,950

41.80

1,820.76

OBRIKOM

122

2,824,172

449,007

32,361,706

916,381,575

600,404

95,456

38.50

2,040.91

BENIBOYE
CLOUGH CREEK
EBEGORO
EBEGORO SOUTH

ODUGRI

12

150,917

23,994

565,676

16,018,162

410,571

65,275

22.50

667.59

OGBAINBIRI

97

5,089,837

809,218

2,509,302

71,055,528

1,086,548

172,747

29.20

87.81

OGBOGENE

12

131,038

20,833

71,820

2,033,716

131,038

20,833

30.60

97.62

112,782

17,931

655,161

18,552,096

568

90

1,034.65

70

782,985

124,484

7,745,199

219,319,638

135,879

21,603

43.00

1,761.82

41,212

6,552

140,939

3,990,949

83,694

13,306

20.59

609.10

139

3,653,310

580,829

28,916,933

818,836,454

2,076,687

330,166

32.50

1,409.77

PIRIGBENE

22

438,795

69,763

1,055,979

29,901,999

600,212

95,426

25.30

428.62

TAYLOR CREEK

11

327,912

52,134

472,218

13,371,726

70,698

11,240

31.67

256.49

TEBIDABA

144

3,015,106

479,363

5,390,657

152,646,426

3,149,440

500,720

27.20

318.44

UMUORU

20

111,200

17,679

335,723

9,506,618

191,635

30,467

27.60

537.72

2,159

46,650,543

7,416,830

268,233,775

7,595,535,572

23,227,460

3,692,864

OGBOGENE WEST
OKPAI
OMOKU WEST
OSHI

TOTAL

ASB 1999 Page 20

1,024.09

Table 3f
Crude Oil, Gas and Water Production - Full year, 1999
Company: Texaco
QTY. OF OIL PRODUCED
NAME OF FIELD

QTY. OF GAS PRODUCED

QTY. OF GAS PRODUCED

NUMBER OF WELLS

API GRAVITY

GAS / OIL RATIO

bbls

m3

mscf

m3

bbls

m3

116

1,598,258

254,102

4,140,000

146,202,702,631

2,479,613

394,226

35.74

575,369.58

MIDDLETON

30

231,929

36,874

444,000

15,679,710,137

206,323

32,803

30.42

425,227.52

NORTH APOI

302

4,914,961

781,415

6,314,000

222,976,778,844

3,886,665

617,929

29.80

285,350.05

FUNIWA

493

9,399,909

1,494,463

20,651,000

729,283,094,695

5,886,198

935,829

35.32

487,989.98

OKUBIE

33

401,413

63,819

2,874,000

101,494,339,942

703,361

111,825

32.39

1,590,337.56

TOTAL

974

16,546,469

2,630,673

34,423,000

1,215,636,626,249

13,162,160

2,092,612

PENNINGTON

ASB 1999 Page 21

462,100.92

Table 3g
Crude Oil, Gas and Water Production - Full year, 1999
Company: NPDC
QTY. OF OIL PRODUCED
NAME OF FIELD

QTY. OF GAS PRODUCED

QTY. OF GAS PRODUCED

NUMBER OF WELLS

API GRAVITY
bbls

m3

mscf

m3

bbls

GAS / OIL RATIO

m3

ABURA

84

887,533

141,106

OREDO

58

933,005

148,336

TOTAL

142

1,820,538

289,442

ASB 1999 Page 22

Table 3h
Crude Oil, Gas and Water Production - Full year, 1999
Company: Pan Ocean
QTY. OF OIL PRODUCED
NAME OF FIELD

QTY. OF GAS PRODUCED

NUMBER OF WELLS

API GRAVITY
bbls

m3

mscf

GAS / OIL RATIO

m3

ASABORO SOUTH

12

83,796

13,322

297,234

8,416,731

48.93

631.77

OGHAREFE

48

363,888

57,853

1,053,170

29,822,457

44.53

515.48

OLOGBO

68

1,619,862

257,537

10,225,543

289,555,167

50.98

1,124.32

128

2,067,546

328,713

11,575,947

327,794,355

TOTAL

Quantity of water not indicated.

ASB 1999 Page 23

997.21

Table 4
Summary Of Crude Oil Production Compiled From Company's Monthly Report
Full year, 1999 (Major Oil Companies & Pan Ocean)
NAME OF FIELD
NPDC
JV:

OIL PRODUCTION
bbls

m3

DAILY AVG.
(BARREL)

% OF TOTAL PRODUCTION

1,820,538

289,442

4,988

0.25

SHELL

258,240,978

41,056,958

707,510

35.26

MOBIL

218,914,311

34,804,530

599,765

29.89

CHEVRON

151,154,946

24,031,671

414,123

20.64

ELF

37,008,687

5,883,900

101,394

5.05

NAOC

46,650,543

7,416,830

127,810

6.37

TEXACO

16,546,469

2,630,673

45,333

2.26

728,515,934

115,824,563

1,995,934

99.47

PAN-OCEAN

2,067,546

328,713

5,665

0.28

Sub - Total

2,067,546

328,713

5,665

0.28

732,404,018

116,442,718

2,006,586

100.00

Sub - Total
PSC:

GRAND- TOTAL

ASB 1999 Page 24

Table 5a
Crude Oil Production by Company, Crude Stream - For the year 1999
(Barrels)
CRUDE STREAM
COMPANY
NPDC
J.V. COMPANIES
SHELL

Forcados
Blend

Bonny Light

Bonny
Medium

Brass
Blend

Escravos
Light

Pennington
Light

Antan
Blend

Odudu
Blend

IMA

108,974,664

Other
Condensate

249,673
2,786,913

NAOC

1,141,382

139,358,025

9,440,861

5,491,474

8,200,952

224,563,433
153,101,125

7,891,536

34,709,115

45,387,564

38,927,844

6,240,667

46,309,893

17,290,831

17,290,831

1,853,289

146,213

ADDAX

1,686,353

AENR

3,487,228

DUBRI
CONOIL

1,999,502

2,731,666

4,418,019
3,487,228

98160

98,160

1,852,785

1,852,785
266,407

ATLAS
EPGA/CONOCO

1,598,434

1,864,841

7,182,571

7,182,571

2,125,401

AMNI
MONI POLO
CONTINENTAL OIL

2,125,401
3,575,715
1,576,701

3,575,715
1,576,701
117,101,824

Total

257,773,550

34,216,749

139,159,026

TEXACO
P.S. COMPANIES

GRAND TOTAL

Ukpokiti

2,095,903

190,346,684

ELF

PAN - OCEAN

Oso
Condensate

2,095,903

MOBIL
CHEVRON

Qua- Iboe
Light

144,849,499

7,891,536

52,302,377

142,686,672

17,290,831

6,307,381

34,709,115

Source: COSD

ASB 1999 Page 25

2,125,401

190,346,684

34,216,749

16,094,148

8,781,005

774,703,222

Table 5b
Monthly Analysis of Crude Oil Production by Stream - For the year 1999
(Barrels)
CRUDE STREAM
Forcados Blend

Bonny
Light

Bonny
Medium

Brass
Blend

Escravos
Light

Pennington
Light

Antan
Blend

Odudu
Blend

IMA

Qua- Iboe
Light

Oso
Condensate

Other
Condensate

Ukpokiti

Total

JANUARY

7,473,472

13,818,546

868,828

4,120,585

11,859,215

1,679,398

195,432

3,033,870

218,013

17,685,918

2,788,819

1,480,687

621,252

65,844,035

FEBRUARY

7,986,930

10,146,683

655,833

4,296,030

9,323,681

1,477,023

169,592

2,726,845

184,333

14,869,354

1,031,046

1,362,990

572,017

54,802,357

MARCH

11,608,840

11,769,058

859,595

4,988,828

12,400,083

1,573,202

180,056

3,076,202

213,694

16,399,459

2,751,082

1,813,339

634,615

68,268,053

APRIL

10,553,186

11,624,984

859,230

4,834,766

12,019,934

1,659,636

195,231

3,149,689

208,121

15,961,642

2,829,871

1,520,708

852,076

66,269,074

MAY

11,249,438

13,530,057

743,375

5,041,852

12,213,847

1,742,843

146,789

2,967,209

207,303

15,407,177

2,967,100

1,698,338

798,180

68,713,508

JUNE

9,918,434

10,888,985

828,114

4,590,785

12,827,178

1,798,403

198,697

3,111,430

190,908

16,176,140

2,793,582

1,280,481

623,117

65,226,254

JULY

8,357,972

11,905,705

267,024

4,234,889

12,107,619

1,667,062

722,575

2,595,138

203,005

15,486,599

3,187,203

1,550,467

755,789

63,041,047

AUGUST

9,478,135

10,926,449

814,387

4,521,029

12,492,131

370,015

708,243

2,829,846

221,173

16,300,915

3,545,954

1,530,428

775,424

64,514,129

10,704,185

11,214,564

640,533

4,445,155

11,226,117

309,242

876,480

2,819,310

162,903

15,975,202

3,384,129

1,237,517

765,509

63,760,846

OCTOBER

9,063,117

12,794,611

351,879

3,616,976

11,005,759

1,633,777

913,202

2,800,155

78,651

15,902,683

3,285,530

1,566,716

797,080

63,810,136

NOVEMBER

9,947,356

12,255,384

620,868

3,261,762

12,374,792

1,704,479

981,106

2,885,436

201,062

14,731,116

2,936,537

590,673

777,647

63,268,218

DECEMBER

10,760,759

13,974,473

381,870

4,349,720

12,836,316

1,675,751

1,019,978

2,713,985

36,235

15,450,479

2,715,896

461,804

808,299

67,185,565

117,101,824

144,849,499

7,891,536

52,302,377

142,686,672

17,290,831

6,307,381

34,709,115

2,125,401

190,346,684

34,216,749

16,094,148

8,781,005

774,703,222

COMPANY

SEPTEMBER

GRAND TOTAL

Source: COSD

ASB 1999 Page 26

Table 5c
Monthly Analysis of Crude Oil Production by Company - For the year 1999
(Barrels)
MONTH
COMPANY

January
239,612

NPDC
J.V. COMPANIES

20,241,025

SHELL
MOBIL

February

20,474,737

March

April

May

June

189,271

185,533

170,451

195,902

18,096,707

23,319,237

22,270,228

15,900,400

19,150,541

9,983,571

13,094,886

CHEVRON

July

August

September

October

November

December

254,141

203,908

199,135

176,316

92,481

69,358

119,795

25,048,858

20,752,569

20,559,334

20,679,444

21,971,021

21,299,278

20,676,849

22,859,000

257,773,550

18,791,513

18,374,277

18,969,722

18,673,802

19,846,869

19,359,331

19,188,213

17,667,653

18,166,375

224,563,433

13,296,995

13,115,967

13,412,852

14,055,393

12,406,754

13,559,212

12,253,315

12,103,479

12,672,487

13,146,214

153,101,125

4,328,274

4,281,115

3,905,549

4,081,166

3,019,860

3,806,464

3,618,142

3,313,939

3,776,811

3,328,418

45,387,564

4,125,510

3,501,986

4,055,473

3,592,892

3,554,987

3,630,615

3,225,835

4,392,834

46,309,893

1,667,062

370,015

309,242

1,633,777

1,704,479

1,675,751

17,290,831

ELF

4,181,299

3,746,527

NAOC

4,089,307

3,838,843

4,328,682

3,972,929

2,095,903

TEXACO
P.S. COMPANIES

1,679,398

1,477,023

1,573,202

1,659,636

1,742,843

PAN - OCEAN

141,570

75,842

125,730

134,484

146,213

134,314

181,901

177,786

190,835

194,145

236,565

260,117

1,999,502

ADDAX

366,730

322,511

343,807

344,384

297,540

372,897

344,514

347,581

292,363

383,057

464,933

537,702

4,418,019

AENR

317,177

270,000

313,371

294,039

298,621

307,186

303,912

286,134

275,749

273,403

278,032

269,604

3,487,228

DUBRI

6,561

18,939

21,607

19,998

20,893

8,858

CONOIL

172,468

126,373

166,358

154,133

158,556

163,559

153,231

155,174

150,445

154,162

150,657

147,669

1,852,785

1,304

1,798,403

Total

98,160

ATLAS

266,407

257,036

247,455

179,566

177,342

178,785

184,126

182,030

192,094

1,864,841

CONTINENTAL OIL

736,764

839,937

1,576,701

EPGA/CONOCO

621,252

572,017

634,615

595,040

550,725

623,117

576,223

598,082

586,724

612,954

595,617

616,205

7,182,571

AMNI

218,013

184,333

213,694

208,121

207,303

190,908

203,005

221,173

162,903

78,651

201,062

36,235

2,125,401

512,502

496,826

680,688

667,856

629,086

588,757

3,575,715

54,802,357

68,268,053

66,269,074

68,713,508

65,226,254

63,041,047

64,514,129

63,760,846

63,810,136

63,268,218

67,185,565

MONI PULO
GRAND TOTAL

65,844,035

Source: COSD
ASB 1999 Page 27

774,703,222

Table 6
Nigerian Crude Oil Exports - For the year 1999
(Barrels)
COMPANY
NPDC
J.V. COMPANIES
SHELL
MOBIL
CHEVRON
ELF
NAOC
TEXACO
Sub - Total
P.S. COMPANIES
PAN-OCEAN
ADDAX
AENR
ATLAS
PHILLIPS
CONOIL
CONSOLIDATED
DUBRI
EPGA/CONOCO
AKRI-OGUTA
AMNI
EXPRESS
MONI PULO
Sub - Total
GRAND-TOTAL
Source: COSD

NNPC LIFTING
2,333,278

COMPANY LIFTING
-

TOTAL LIFTING
2,333,278

90,911,735
133,129,166
48,788,151
27,252,389
26,186,166
9,938,504
336,206,111

79,522,247
91,518,676
60,758,547
39,917,960
23,333,617
7,566,391
302,617,438

170,433,982
224,647,842
109,546,698
67,170,349
49,519,783
17,504,895
638,823,549

2,123,414
2,047,106
250,000
4,420,520
342,959,909

4,739,561
905,640
3,996,377
6,949,849
3,045,579
1,452,000
84,566
5,097,915
110,000
1,516,391
1,064,982
3,571,272
32,534,132
335,151,570

2,123,414
4,739,561
2,952,746
3,996,377
6,949,849
3,045,579
1,452,000
84,566
5,097,915
360,000
1,516,391
1,064,982
3,571,272
36,954,652
678,111,479

ASB 1999 Page 28

Pie Chart of Crude Oil Exports

PSC
5%

NNPC
50%

JVC
45%

ASB 1999 Page 29

Table 7
Analysis of Crude Oil Production vs Exports - Full year, 1999
(Barrels)
COMPANY
NPDC
JVC :
SHELL
MOBIL
CHEVRON
ELF
NAOC
TEXACO
Sub - Total
PSC :
PAN-OCEAN
ADDAX
AENR
CONSOLIDATED
DUBRI
PHILLIPS
CONOIL
ATLAS
EPGA/CONOCO
AKRI-OGUTA
AMNI
EXPRESS
MONI PULO
CONTINENTAL OIL
Sub - Total
GRAND-TOTAL
Source: COSD

PRODUCTION
2,095,903

EXPORTS
2,333,278.00

VARIANCE
(237,375)

257,773,550
224,563,433
153,101,125
45,387,564
46,309,893
17,290,831
744,426,396

170,433,982
224,647,842
109,546,698
67,170,349
49,519,783
17,504,895
638,823,549

87,339,568
87,339,568
(84,409)
43,554,427
(21,782,785)
(3,209,890)
105,602,847

1,999,502
4,418,019
3,487,228
98,160
1,852,785
1,864,841
7,182,571
2,125,401
3,575,715
1,576,701
28,180,923
774,703,222

2,123,414
4,739,561
2,952,746
1,452,000
84,566
6,949,849
3,045,579
3,996,377
5,097,915
360,000
1,516,391
1,064,982
3,571,272
36,954,652
678,111,479

(123,912)
(321,542)
534,482
(1,452,000)
13,594
(6,949,849)
(1,192,794)
(2,131,536)
2,084,656
(360,000)
609,010
(1,064,982)
4,443
1,576,701
(8,773,729)
96,591,743

ASB 1999 Page 30

Table 8
Nigeria Crude Oil Exports by Destination - For the year 1999
REGION/COUNTRY
NORTH AMERICA:
Canada
U.S.A
Sub-Total
SOUTH AMERICA:
Argentina
Brazil
Chile
Venezuela
Sub-Total
EUROPE:
Germany
France
Italy
Netherlands
Portugal
Spain
United Kingdom
Sub-Total
ASIA & FAR EAST:
Australia
Japan
Singapore
India
Indonisia
Korea
Taiwan
China
Thailand
Sub-Total
AFRICA:
Ghana
Ivory Coast
Senegal
Cameroun
South Africa
Sub-Total
GRAND-TOTAL

QUANTITY (bbls)
13,849,325
243,554,916
257,404,241
1,909,745
31,516,367
11,358,981
1,571,497
46,356,590
5,852,842
50,512,418
24,343,336
4,803,732
15,136,400
61,433,572
754,581
162,836,881
677,348
9,639,438
909,594
104,777,707
5,101,298
20,043,830
5,510,129
6,302,551
2,897,708
155,859,603
10,767,558
22,298,868
5,198,443
9,079,040
8,310,255
55,654,164
678,111,479

Source: COSD

ASB 1999 Page 31

Nigeria Crude Oil Exports by Destination - For the year 1999

300

250

mbbls

200

150

100

50

NORTH AMERICA

SOUTH AMERICA

EUROPE

ASIA & FAR EAST

Region

ASB 1999 Page 32

AFRICA

OTHERS

Table 9a
NNPC Equity Crude Oil Exports by Types & Revenue
For the year 1999 (Reconciled figures)
Crude type

Quantity
(bbls)

Proceeds
(US Dollars)

Forcados Blend

55,999,497

1,028,352,737

Qua-Iboe Light

110,915,360

1,935,706,803

Bonny Light

51,020,445

846,927,507

Bonny Medium

Pennington Light

7,210,943

136,582,658

Escravos Light

34,433,695

610,917,823

Brass Blend

29,068,022

507,049,345

Odudu Blend

20,615,669

356,296,558

Oso Condensate

17,770,441

345,295,881

Total

309,263,631

5,421,833,431

Source: COSD
ASB 1999 Page 33

Table 9b

Gas Export and Revenue

For the year, 1999
MONTH

QUANTITY (M/T)
NLNG

NON - NLNG

PROCEEDS (US$)
NLNG

NON - NLNG

JANUARY

48,384.00

2,530,072.37

FEBRUARY

40,770.00

1,127,820.67

MARCH

59,422.00

5,051,908.42

APRIL

60,013.17

3,441,188.43

MAY

66,659.09

7,321,095.36

JUNE

39,603.68

2,526,657.58

JULY

36,342.00

5,480,329.46

AUGUST

64,978.00

10,723,409.82

SEPTEMBER

65,460.85

9,030,785.86

OCTOBER

52,441.00

9,233,048.54

NOVEMBER

80,873.48

80,532,479.00

14,952,990.47

14,748,903.79

DECEMBER

75,623.00

13,999,028.97

80,873.48

81,142,175.79

14,952,990.47

85,214,249.27

TOTAL

Table 10a
ASB 1999 Page 34

Gas Production and Utilization by Field (mscf) - Full year, 1999

Company: Shell
FIELD
AFREMO
AFIESERE
AGBAYA
AJATITON
AJUJU
AKONO
AMUKPE
ABIGBORODO
ABURA
BATAN
BENISEDE
EGWA
ERIEMU
ESCRAVOS BEACH
EVWRENI
FORCADOS YOKRI
ISOKO
JONES CREEK
KANBO
KOKORI
OBEN
ODIDI
OGBOTOBO
OGINI
OLOMORO/OLEH
OPUKUSHI NORTH
OPOMOYO
OPUAMA
OPUKUSHI
ORONI
OTUMARA
OVHOR

GAS PRODUCED
2,495,339
3,438,814
1,453,257
222,951
354,996
334
24,185
1,649,383
770,193
3,012,472
1,182
1,698,409
2,597,237
3,921,887
288,186
9,959,303
474,815
161,947
1,925,542
1,377,852
27,562,867
5,368,178
2,518,391
400,712
2,591,152
463,455
1,147
729,210
3,096,637
398,184
3,730,189
321,339

GAS USED AS FUEL

16,531
357,734
18,317
4,981
11,719
30
3,492
3,872
15,731
88,561
106
21,200
46,482
45,509
34,353
1,819,847
33,431
1,450
44,726
104,677
152,810
55,660
33,093
63,661
359,020
15,644
103
5,240
90,297
16,391
62,021
29,665

GAS SOLD

GAS RE-INJECTED
-

GAS FOR NGL

-

ASB 1999 Page 35

GAS TO NGC
21,737,964
-

GAS DELIVERED TO NNPC

352,326
-

GAS FLARED
2,678,807
3,141,754
1,434,940
217,970
343,277
304
20,696
1,595,277
544,623
2,916,911
1,075
1,744,882
2,568,354
3,876,379
253,833
9,164,581
261,587
162,956
1,895,430
1,273,166
5,490,270
5,312,518
2,485,300
516,848
1,809,477
447,892
1,044
723,970
3,006,253
381,793
3,668,169
289,544

Table 10a contd.

Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Shell
FIELD

GAS PRODUCED

GAS USED AS FUEL

GAS SOLD

GAS RE-INJECTED

GAS FOR NGL

GAS TO NGC

GAS DELIVERED TO NNPC

GAS FLARED

OWEH
SAGHARA
SAPELE
TUNU
UGHELLI EAST
UGHELLI WEST
UTOROGO
UZERE EAST
UZERE WEST
ADIBAWA
ADIBAWA N/EAST
AFAM
AGBADA
AHIA
AKASO
ALAKIRI
ASARITORU
ASSA
AWOBA
BELEMA
BELEMA NORTH
BONNY
BUGUMA CREEK
CAWTHORNE CHANNEL
DIEBU CREEK
EGBEMA
EGBEMA WEST
EKULAMA

986,775
621,897
19,885,364
2,906,723
7,603,795
980,678
39,424,891
1,042,395
564,673
1,404,516
516,804
921,913
4,136,740
2,566,901
6,322,589
7,633,144
122,055
147,061
8,804,426
8,030,786
276,812
1,655,314
513,320
23,994,733
265,729
989,116
981,369
9,782,306

46,526
2,459
74,665
45,204
856,392
24,780
296,605
34,399
17,281
18,244
6,771
8,987
123,135
19,218
37,698
66,602
864
1,945
34,345
62,932
2,000
924,937
3,007
148,960
1,123
13,498
11,684
115,971

4,736,566
105,455
534,004
3,661,146
7,776

4,618,633
36,179,440
1,886,600
-

1,585,587
619,437
15,416,620
2,861,305
2,010,837
1,930,395
2,184,187
976,258
579,130
1,386,273
510,032
870,920
3,413,426
2,503,377
6,135,662
2,045,414
128,413
173,631
8,057,235
7,842,595
275,417
731,311
603,535
23,319,157
264,606
979,732
963,002
9,681,065

ASB 1999 Page 36

Table 10a contd.

Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Shell
FIELD
ELELENWA
ENWHE
ETELEBOU
GBARAN
IMO RIVER
ISIMIRI
ISU
KALAEKULE
KOLO CREEK
KRAKAMA
MINI NTA
NEMBE CREEK EAST
NEMBE CREEK
NKALI
NUN RIVER
OBEAKPU
OBELE
OBIGBO NORTH
ODEAMA CREEK
OGUTA
ORUBIRI
OTAMINI
RUMUEKPE
SOKU
UGADA
UMUECHEM
TOTAL

GAS PRODUCED
5,228,047
62,709
2,967,124
6,269,449
3,147,729
611,156
224,545
18,562,298
11,007,551
1,229,625
7,124,726
2,278,219
13,444,441
2,318,529
392,100
351,601
762,145
13,134,915
4,694,544
13,382,369
333,397
1,795,113
43,068
20,930,034
609,208
2,031,427
369,028,639

GAS USED AS FUEL

78,300
2,460
24,244
62,450
102,167
7,934
1,664
61,901
96,936
68,630
31,905
15,783
198,838
9,547
2,897
5,732
6,845
132,100
42,272
96,220
663
14,199
172
322,856
6,566
21,181
7,971,048

GAS SOLD
426,780
66,044
1,019,338
112,660
7,826,971
2,796,509

21,293,249

GAS RE-INJECTED
2,450,170
2,450,170

GAS FOR NGL

-

ASB 1999 Page 37

GAS TO NGC
6,622,119
6,622,119

GAS DELIVERED TO NNPC

492,780
64,915,417

GAS FLARED
--

Table 10b
Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Mobil
FIELD
ADUA
ASABO
ASABO "D"
ASASA
EDOP
EKPE
EKU
EKPE WW
ENANG
ETIM/ETIMC
IDOHO
INANGA
INIM
ISOBO
IYAK
IYAK SE
MFEM
OSO
UBIT
UNAM
USARI
UTUE
TOTAL

GAS PRODUCED

GAS USED AS FUEL

GAS SOLD

GAS RE-INJECTED

GAS FOR NGL

GAS TO NGC

GAS LIFT

11,366,636

14,610,150

128,422

5,801,678

3,647,490

5,451,284

1,431,100

38,208,115

124,174

3,573,768

3,167,643

4,337,433

31,788,852

516,652

52,768,285

2,383,006

14,935,264

13,654,201

540,700

2,491,200

6,191,000

2,347,600

2,965,914

201,046

2,569

720,833

4,859,984

10,346,898

14,382

340,126

2,798,421

20,843,841

20,773

649,968

10,042,392

866,181

6,570

2,736,833

1,484,809

2,597,288

10,997

84,224

4,914,072

189,892

9,588

120

2,651,980

4,116,744

2,826,954

2,694,271

188,702

2,366

934,247

137,902,215

2,120,000

235,819,700

22,139,300

2,806,900

9,066,920

33,312,153

2,436,717

28,980

23,250,475

5,858,390

431,030

5,526

1,431,970

57,884,146

125,410

5,128,199

8,953

404,936,932

6,884,117

300,454,631

22,139,300

2,806,900

ASB 1999 Page 38

Table 10c
Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Chevron
FIELD

GAS PRODUCED

GAS USED AS FUEL

GAS FLARED

ABITEYE

3,199,243

276,373

3,145,150

UTONANA

1,331,757

17,856

1,363,099

MAKARABA

6,134,373

50,132

5,673,094

DIBI

1,896,442

233,221

1,704,576

JISIKE

1,030,975

1,092

1,116,152

11,594,831

151,788

12,004,594

IDAMA

1,169,477

1,212,288

ABIGBORODO

1,618,628

1,659,103

38,568

37,419

10,737,863

693,343

10,239,491

ROBERKIRI

JOKKA
BENIN RIVER
GBOKODA

5,385,827

5,413,765

DELTA SOUTH

7,372,172

36,900

7,275,586

DELTA

8,156,997

39,060

8,106,982

ISAN

1,360,695

46,208

1,296,597

882,898

730,551

EWAN

10,255,279

131,688

10,062,065

OKAN

46,166,404

537,890

47,051,030

MEFA

7,226,436

6,595,295

MEJI

9,753,109

129,599

9,637,613

WEST ISAN

3,792,430

37,105

3,755,325

26,774,684
3,133,418
11,017,566

2,016,836
58,121
234,192

23,998,707
3,044,617
10,674,472

MALU

8,763,844

10,469

8,721,865

WEST ISAN

1,249,934

1,473,257

88,723

86,494

796,735

39,277

757,458

INDA

3,930,976

3,920,976

MEJO

1,580,544

1,564,460

202,760

200,394

OPOLO

5,882,026

273,776

5,590,026

TOTAL

202,525,614

5,014,926

198,112,501

DELTA SOUTH
MEREN
TAPA
PARABE

MINA
DELTA

KITO

ASB 1999 Page 39

Table 10d
Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Elf
FIELD

GAS PRODUCED

GAS USED AS FUEL

GAS FOR NGL

GAS FLARED

AGHIGHO

444,441

94,859

335,850

OBODO

419,050

1,607,523

349,968

OKPOKO

103,860

44,143

58,975

UPOMAMI

123,737

60,521

63,254

OBAGI/EREMA

7,053,163

261,782

6,657,181

OLO

1,331,562

139,688

1,196,166

IBEWA

3,061,181

28,179

184,163

2,822,811

AFIA

1,161,611

28,179

184,163

922,822

EDIKAN

2,191,624

2,202,641

IME

3,074,734

25,780

3,047,398

ODUDU

8,703,709

367,041

7,328,350

OFON

9,964,159

309,578

9,829,638

TOTAL

37,632,831

2,967,273

368,325

34,815,054

ASB 1999 Page 40

Table 10e
Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: NAOC
FIELD

GAS PRODUCED

GAS USED AS FUEL

GAS SOLD

GAS RE-INJECTED

GAS TO EPCL

GAS FOR NGL

GAS LIFT

GAS FLARED

EBOCHA FIELDS

28,002,928

318,971

1,401,573

1,546,840

1,517,234

22,289,161

AKRI FIELDS

16,098,559

169,500

185,203

4,148,560

1,368,203

1,167,500

12,147,720

OBR/OBI FIELDS

156,546,858

8,282,059

55,107,433

19,378,579

18,056,808

6,046,834

60,689,259

OSHI FIELDS

29,386,150

153,500

2,710,940

2,695,440

26,523,710

KWALE FIELDS

17,049,582

254,075

4,792,709

1,850,986

1,329,522

10,673,276

TEBIDABA FIELDS

6,820,437

56,780

559,830

554,560

6,209,097

OBAMA FIELDS

10,744,785

387,959

829,538

791,773

9,565,053

CLOUGH CREEK FIELDS

340,487

60,010

31,950

26,680

253,797

BENIBOYE FIELDS

731,798

62,050

36,274

31,004

638,744

OGBAINBIRI FIELDS

2,509,302

56,750

254,069

248,489

2,204,065

TOTAL

268,230,886

9,801,654

185,203

65,450,275

28,567,209

18,056,808

14,409,036

151,193,882

ASB 1999 Page 41

Table 10f
Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Texaco
FIELD

GAS PRODUCED

GAS USED AS FUEL

GAS FLARED

4,140,000

43,614

4,096,386

MIDDLETON

444,000

20,235

423,765

NORTH APOI

6,314,000

44,567

6,269,433

FUNIWA

20,651,000

52,901

20,598,099

OKUBIE

2,874,000

2,874,000

TOTAL

34,423,000

161,317

34,261,683

PENNINGTON

ASB 1999 Page 42

Table 10g
Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Pan Ocean

FIELD

GAS PRODUCED

GAS USED AS FUEL

GAS FLARED

297,234

22,292

1,053,170

105,313

OLOGBO

10,225,543

1,412,017

TOTAL

11,575,947

1,539,622

ASABORO SOUTH

OGHAREFE

ASB 1999 Page 43

383,646

1,268,350

9,368,192

11,020,188

Table 11
Gas Production and Utilization by Field (mscf) - Full year, 1999
Company: Shell
GAS PRODUCED

GAS USED AS FUEL

GAS SOLD

GAS RE-INJECTED

GAS TO EPCL

GAS FOR NGL

GAS TO
NGC

GAS LIFT

GAS DELIVERED
TO NNPC

GAS FLARED

369,028,639
404,936,932

7,971,048
6,884,117

21,293,249
-

2,450,170
300,454,631

6,622,119
22,139,300

64,915,417
2,806,900

24,069,627

352,326
-

262,631,373
100,213,284

202,525,614

5,014,926

198,112,501

37,632,831

2,967,273

368,325

6,477,104

34,815,054

268,230,886

9,801,654

185,203

65,450,275

28,567,209

18,056,808

14,409,036

151,193,882

34,423,000

161,317

34,261,683

1,316,777,902

32,800,335

21,478,452

368,355,076

28,567,209

47,186,552

67,722,317

44,955,767

352,326

781,227,777

PAN-OCEAN

11,575,947

1,539,622

11,020,188

SUB - TOTAL

11,575,947

1,539,622

11,020,188

1,328,353,849

34,339,957

21,478,452

368,355,076

28,567,209

47,186,552

67,722,317

44,955,767

352,326

792,247,965

SHELL

369,028,639

7,971,048

21,293,249

2,450,170

6,622,119

64,915,417

352,326

262,631,373

MOBIL

404,936,932

6,884,117

300,454,631

22,139,300

2,806,900

24,069,627

100,213,284

CHEVRON

202,525,614

5,014,926

198,112,501

37,632,831

2,967,273

368,325

6,477,104

34,815,054

268,230,886

9,801,654

185,203

65,450,275

28,567,209

18,056,808

14,409,036

151,193,882

34,423,000

161,317

34,261,683

1,316,777,902

32,800,335

21,478,452

368,355,076

28,567,209

47,186,552

67,722,317

44,955,767

352,326

781,227,777

PAN-OCEAN

11,575,947

1,539,622

11,020,188

SUB - TOTAL

11,575,947

1,539,622

11,020,188

1,328,353,849

34,339,957

21,478,452

368,355,076

28,567,209

47,186,552

67,722,317

44,955,767

352,326

792,247,965

FIELD
JV:
SHELL
MOBIL
CHEVRON
ELF
NAOC
TEXACO
SUB - TOTAL
PSC:

GRAND-TOTAL
JV:

ELF
NAOC
TEXACO
SUB - TOTAL
PSC:

GRAND-TOTAL

ASB 1999 Page 44

ANALYSIS OF GAS PRODUCED - Full year, 1999

1400
1200

Bscf

1000
800
600
400
200
0
PRODUCED

FLARED

ASB 1999 Page 45

UTILIZED

Table 12
Nigerian Gas Company: Gas Sales
Full year, 1999
BUYER

Quantity
(mmscf)

Receivable Revenue
(=N= million)

Alscon Ikot Abasi

5,054.990

216.937

76.660

0.806

NAFCON Onne

8,740.570

375.880

WRPC Warri

2,184.560

22.899

WAPCO Shagamu

5,677.000

1,377.343

WAPCO Ewekoro

3,319.530

900.365

16,226.260

170.155

46.450

0.486

NEPA Egbin

59,857.040

627.291

NEPA Delta IV

17,370.770

182.047

PZ Lagos Industries

167.900

33.215

SPDC

399.480

30.052

119,121.210

3,937.477

DSCL Aladja

NEPA Sapele
NEPA Afam

TOTAL

ASB 1999 Page 46

Table 13
Joint Venture Gas Sales Statistics - Full year, 1999
BUYER

VOLUME

PROCEEDS
(scf)

(=N=)

Aba Textile Mills

106,912,250.00

10,438,698.25

Inter. Equitable Ltd

116,488,121.00

11,373,667.15

Lever Brothers, Aba

164,058,887.00

15,814,193.52

Nigerian Breweries

68,552,235.00

6,693,303.12

NEPA, Afam

44,298,546.00

132,895.64

NEPA, Ughelli

3,793,510,611.00

11,380,531.82

NNPC - Nafcon

10,406,460,423.00

63,603,072.04

NGC - ALSCON

5,054,872,082.00

82,899,902.13

21,737,963,020.00

79,530,956.08

4,618,632,708.00

16,867,719.56

18,366,958.00

8,210.03

36,179,441,120.00

131,229,397.45

Rivers State Utility Board

385,914,581.00

37,087,791.66

International Glass Ind. Aba

880,589,742.00

93,139,977.02

NNPC - Obigbo - North - Gas - Plant

167,976,889.00

16,184,058.74

30,964,187.00

233,315.14

84,686,276,620.00

724,909,349.68

NNPC - NEPA - Sapele (Oben)

NGC - NEPA - Sapele
NNPC - Nig. Gas Co. Benin City
Pz Industries. Ltd, Aba

R.S.U.B. Imiringi
Grand-Total

NOTE:- This is a Total Joint Venture for NNPC (55%), SHELL (30%), ELF (10%) & AGIP (5%)
SOURCE: SHELL PETROLEUM COMPANY

ASB 1999 Page 47

Table 14

Total Crude Oil and Gas Revenue Flow

For the year 1999 (US$ million)
NNPC

Month
OIL

GAS

PPT

Joint Venture
ROYALTIES

Total

OTHERS

January

322.74

2.76

1.31

19.22

11.83

357.86

February

267.65

2.99

36.69

11.35

327.65

March

299.83

3.42

8.97
3.53

97.02

11.65

408.39

April

311.47

4.50

46.50

11.72

374.19

May

454.80

4.73

5.47

75.81

20.96

561.77

June

365.11

7.94

12.28

52.36

51.93

489.62

July

425.31

6.70

15.13

73.74

43.99

564.87

August

489.88

3.11

14.01

136.39

15.20

658.59

September

644.43

7.31

26.62

42.71

4.83

725.90

October

526.95

8.31

164.22

180.41

10.56

890.45

November

687.87

10.75

6.95

64.71

7.85

778.13

December

646.97

20.32

293.86

234.96

9.57

1,205.68

TOTAL

5,443.01

78.34

549.79

1,060.52

211.44

7,343.10

NOTE: Others, include receipts for Taxes, Gas Flared, Rentals, etc.

ASB 1999 Page 48

Table 15a

Nigerian Crude Oil Realisable Prices (US $).

full year, 1999
CRUDE STREAM
Forcados
Blend

Bonny
Light

Bonny
Medium

Brass
Blend

Escravos
Light

Pennington
Light

Antan
Blend

Odudu
Blend

IMA

Qua- Iboe
Light

JANUARY

10.7858

10.9773

10.2273

11.0373

10.8923

11.1073

9.3858

0.0000

0.0000

10.9573

10.6369

FEBRUARY

9.6053

9.7260

8.9760

9.7600

9.6410

9.8560

8.3053

0.0000

0.0000

9.6960

9.5129

MARCH

11.1403

11.3087

10.5587

11.3637

11.2237

11.4387

9.8401

0.0000

0.0000

11.2787

11.4512

APRIL

14.3231

14.6227

13.8727

14.6827

14.5377

14.7527

13.0231

0.0000

0.0000

14.5927

14.4766

MAY

15.1821

15.1954

14.4454

15.2554

15.1104

15.3254

13.8821

0.0000

0.0000

15.1654

15.0327

JUNE

15.1775

15.4146

14.6646

15.4746

15.3296

15.5446

13.8775

0.0000

0.0000

15.3846

15.0194

JULY

18.4614

18.5486

17.7986

18.6086

18.4636

18.6786

17.1614

0.0000

0.0000

18.5186

18.1435

AUGUST

20.1424

20.2748

19.4563

20.3348

20.1648

20.4048

18.8424

0.0000

0.0000

20.1998

20.2517

SEPTEMBER

21.9627

22.0207

21.2707

22.0807

21.9107

22.1507

20.6627

0.0000

0.0000

21.9457

21.8123

OCTOBER

22.0107

22.1225

21.4725

22.1825

22.0125

22.2525

20.7107

0.0000

0.0000

22.0475

21.3383

NOVEMBER

24.0210

24.0550

23.3050

24.1150

23.9450

24.1850

22.7210

0.0000

0.0000

23.9800

23.2062

DECEMBER

25.7082

25.7514

0.0000

25.8114

25.6414

25.8814

24.4082

0.0000

0.0000

25.6764

24.5149

AVERAGE
Source COSD

17.3767

17.5015

14.6707

17.5589

17.4061

17.6315

16.0684

0.0000

0.0000

17.4536

17.1164

MONTH

ASB 1999 Page 49

Oso
Condensate

Table 15b

Average Spot Prices of OPEC Reference Basket & some selected Crudes (US Dollars).
For the year, 1999
CRUDE STREAM
MONTH

OPEC Basket

Brent

WTI

Bonny Light

Munias

Saharan Blend

Arabian Light

Dubai

Tia Juana Light

Isthmus

JANUARY

10.7371

11.0800

12.4100

11.3300

11.0300

11.5700

10.4300

10.7000

9.8900

10.2100

FEBRUARY

10.0171

10.2500

11.9600

10.2400

10.6600

10.4100

10.0500

10.0300

9.2200

9.5100

MARCH

12.3586

12.5100

14.6400

12.5600

12.5100

12.7300

12.1100

12.3800

11.9200

12.3000

APRIL

14.9971

15.2400

17.2500

15.4400

15.7000

15.1000

14.9200

14.9000

13.8200

15.1000

MAY

15.4814

15.4100

17.8300

15.4500

16.7900

15.2300

15.6000

15.4600

14.4400

15.4000

JUNE

15.6043

15.7600

17.8700

15.8600

16.7600

15.7800

15.4100

15.4000

14.5400

15.4800

JULY

18.2871

19.1000

20.0800

19.2800

18.3800

19.4000

17.8500

17.9000

16.9700

18.2300

AUGUST

19.6643

20.2400

21.2000

20.4400

19.6300

20.5200

19.5800

19.4500

18.4500

19.5800

SEPTEMBER

22.1686

22.6600

24.0400

22.9000

21.9900

22.8600

22.3500

22.0300

20.9500

22.1000

OCTOBER

21.6729

22.0400

22.7300

22.3000

22.3600

22.2700

22.1800

21.4800

20.1600

20.9600

NOVEMBER

23.7486

24.6200

24.9900

24.8000

23.7000

25.0500

23.6600

23.0800

22.5000

23.4500

DECEMBER

24.7643

25.6300

26.2100

25.8600

24.2700

26.1300

25.0400

23.6500

23.6100

24.7900

17.4585

17.8783

19.2675

18.0383

17.8150

18.0875

17.4317

17.2050

16.3725

17.2592

AVERAGE
Source COSD

Table 16
ASB 1999 Page 50

Nigerian Crude Oil Production and Exports

1961 - 1999 (Barrels)
Production

Year
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
Grand Total

Exports

Total Production

Daily Average

Total Exports

Daily Average

16,801,896
24,623,691
27,913,479
43,996,895
99,353,794
152,428,168
116,553,292
51,907,304
197,204,486
395,835,825
558,878,882
665,283,111
750,452,286
823,320,724
651,509,039
758,058,376
766,053,944
692,269,111
841,226,770
752,223,285
525,500,562
470,687,221
450,974,545
507,998,997
547,089,595
535,296,671
482,886,071
490,440,000
626,449,500
630,245,500
690,981,500
716,262,000
695,398,000
664,628,500
672,549,000
681,894,600
855,736,287
806,443,999
774,703,222
20,212,060,128

46,033
67,462
76,475
120,210
272,202
417,611
319,324
141,823
540,286
1,084,482
1,531,175
1,817,713
2,056,034
2,255,673
1,784,956
2,071,198
2,098,778
1,896,628
2,304,731
2,055,255
1,439,728
1,289,554
1,235,547
1,387,975
1,498,876
1,466,566
1,322,976
1,340,000
1,716,300
1,726,700
1,893,100
1,957,000
1,905,200
1,820,900
1,842,600
1,863,100
2,344,483
2,209,436
2,122,475
1,418,989

16,505,985
24,697,969
27,701,320
43,431,563
96,984,975
139,549,969
109,274,902
52,129,858
197,245,641
383,446,359
542,545,131
650,640,779
725,017,584
795,710,044
627,638,981
736,822,998
744,413,355
667,357,065
818,726,943
700,138,614
447,814,027
366,410,179
341,360,910
400,428,085
453,758,591
445,673,729
388,815,449
406,443,000
556,953,500
565,750,000
587,650,000
580,110,000
568,305,000
580,350,000
607,725,000
620,135,000
767,949,757
706,265,498
678,111,479
18,169,989,239

45,222
67,666
75,894
118,665
265,712
382,329
299,383
142,431
540,399
1,050,538
1,486,425
1,777,707
1,986,350
2,180,028
1,719,559
2,013,178
2,039,489
1,828,376
2,243,088
1,912,947
1,226,888
1,003,864
935,235
1,094,066
1,243,174
1,221,024
1,065,248
1,110,500
1,525,900
1,550,000
1,610,000
1,585,000
1,557,000
1,590,000
1,665,000
1,694,358
2,103,972
1,934,974
1,857,840
1,275,626

ASB 1999 Page 51

Table 17

Nigerian Natural Gas Production and Disposal

1961 - 1999 (Million Cubic Metres)
Year
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
Grand Total

Gas Produced
310
486
626
1,029
2,849
2,908
2,634
1,462
4,126
8,068
12,996
17,122
21,882
27,170
18,656
21,274
21,815
20,486
27,450
24,551
17,113
15,382
15,192
16,251
18,569
18,738
17,170
20,250
25,129
28,430
31,460
32,084
33,680
33,680
35,100
35,450
37,150
37,039
43,636
749,403

Gas Utilised
N/A
N/A
N/A
N/A
116
216
102
151
64
111
206
274
395
394
323
657
863
1,046
1,378
2,337
3,643
3,442
3,244
3,438
4,647
4,821
4,976
5,510
6,303
6,020
6,800
7,508
7,910
6,770
8,114
8,860
10,383
13,407
21,274
145,703

ASB 1999 Page 52

Gas Flared
N/A
N/A
N/A
N/A
2,733
2,692
2,532
1,311
4,062
7,957
12,790
16,848
21,487
26,776
18,333
20,617
20,952
19,440
26,073
22,214
13,470
11,940
11,948
12,813
13,922
13,917
12,194
14,740
18,784
22,410
24,660
24,575
25,770
26,910
26,986
26,590
24,234
23,632
22,362
598,674

Table 18

World Crude Oil Production and Exports

Vis- a -Vis OPEC and Nigeria: 1961 - 1999 ('000 Barrels Per Day)
Year
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
Grand Total

Production
World
22,343.6
24,263.4
25,960.1
28,071.9
30,201.5
32,812.3
35,291.9
38,054.1
41,246.0
45,272.7
47,854.7
50,708.4
55,478.9
55,813.4
52,746.1
57,434.4
59,985.7
60,245.3
62,890.8
60,024.8
56,183.0
53,495.0
52,418.0
53,021.1
52,633.1
55,530.0
54,958.0
57,349.5
58,206.0
59,496.9
59,124.1
59,709.1
59,349.9
59,999.6
60,416.8
61,619.0
65,443.0
70,050.0
69,500.0
2,005,202.1

OPEC
9,363.8
10,508.1
11,514.2
12,983.9
14,339.2
15,770.2
16,849.8
18,785.6
20,906.3
23,413.0
25,326.3
27,094.4
30,988.5
30,729.2
27,155.0
30,737.8
31,253.5
29,805.3
30,928.9
26,880.0
22,598.6
18,992.3
16,992.3
16,347.2
15,447.7
18,333.1
17,324.8
19,618.5
21,340.3
22,067.2
22,313.1
23,849.9
24,230.5
24,609.4
24,600.8
24,769.2
25,384.0
28,030.0
26,620.0
858,801.9

Exports
Nigeria
46.0
67.5
76.5
120.2
272.2
417.6
319.3
141.8
540.3
1,084.5
1,531.2
1,817.7
2,056.0
2,255.7
1,785.0
2,071.2
2,098.8
1,896.6
2,304.7
2,055.3
1,439.7
1,289.6
1,235.5
1,388.0
1,498.9
1,466.6
1,323.0
1,340.0
1,716.3
1,726.7
1,893.1
1,957.0
1,905.2
1,820.9
1,842.6
1,863.1
2,344.5
2,209.4
2,122.5
55,340.7

ASB 1999 Page 53

World
8,150.5
9,202.1
10,176.9
11,979.1
13,276.7
15,225.3
16,291.7
18,461.6
20,975.6
23,516.6
25,480.0
27,779.9
31,703.9
31,130.6
28,521.3
32,306.8
32,990.0
31,848.0
33,433.4
29,876.2
25,849.5
22,399.1
21,168.3
21,506.6
20,632.5
23,001.4
22,639.9
24,314.8
25,884.4
27,262.5
27,870.2
29,078.1
30,396.2
31,412.6
32,244.1
33,245.1
38,070.0
36,067.7
N/A
945,369.2

OPEC
7,407.6
8,353.2
9,250.9
10,617.2
11,768.3
13,507.7
14,239.5
16,076.7
18,080.0
20,223.4
22,031.7
24,078.5
27,547.2
27,258.9
24,063.9
27,098.8
27,322.7
25,792.5
26,477.5
22,605.3
18,319.5
14,049.4
12,210.7
11,737.1
10,569.5
12,594.0
11,797.6
13,032.9
14,875.9
16,050.9
16,956.7
17,413.9
17,899.6
18,017.9
18,084.3
18,288.0
25,636.0
20,388.1
N/A
671,723.5

Nigeria
45.2
67.7
75.9
118.7
265.7
382.3
299.4
142.4
540.4
1,050.5
1,486.4
1,777.7
1,986.4
2,180.0
1,719.6
2,013.2
2,030.2
1,827.1
2,210.1
1,960.2
1,228.4
1,002.8
935.2
1,094.1
1,333.3
1,221.2
1,065.2
1,110.5
1,525.9
1,550.0
1,610.0
1,585.0
1,557.0
1,590.0
1,665.0
1,699.0
2,104.0
1,935.0
1,857.8
49,848.5

Table 19

Crude Oil Production in OPEC Member Countries

1961 - 1999 (Thousand Barrels Per Day)
Year
Algeria
Ecuador
Gabon
Indonesia
1961
330.9
8
14.9
424.3
1962
436.9
7
16.4
453.4
1963
504.3
6.8
17.7
444
1964
554.8
7.6
21
456.6
1965
557.7
7.8
24.9
480.6
1966
718.7
7.3
28.6
464.6
1967
825.7
6.2
69
505.4
1968
904.2
5
91.9
600.7
1969
946.4
4.4
99.8
742.3
1970
1,029.10
4.1
108.8
853.6
1971
785.4
3.7
114.6
892.1
1972
1,062.30
78.1
125.2
1,080.80
1973
1,097.30
208.8
150.2
1,338.50
1974
1,008.60
177
201.5
1,374.50
1975
982.6
160.9
223
1,306.50
1976
1,075.10
187.9
222.8
1,503.60
1977
1,152.30
183.4
222
1,686.20
1978
1,161.20
201.8
208.7
1,635.20
1979
1,153.80
214.2
203.4
1,590.80
1980
1,019.90
204.1
174.5
1,575.70
1981
797.8
211
151.4
1,604.20
1982
704.5
198.3
155.1
1,324.80
1983
660.9
237.5
155.4
1,245.30
1984
695.4
256.1
157.4
1,280.10
1985
672.4
280.6
171.7
1,181.50
1986
673.9
256.5
164.7
1,256.80
1987
648.2
180.9
154.5
1,158.10
1988
650.7
300.8
157
1,177.50
1989
727.3
278.9
204.3
1,231.00
1990
785.9
1,299.30
1991
803
1,450.00
1992
756.5
1,347.70
1993
747.3
1,327.30
1994
752.5
1,332.80
1995
752.5
1,328.40
1996
805.70
1,326.70
1997
851.00
1,390.00
1998
822.00
1,342.00
1999
765.00
1,310.00
NOTE: Ecuador and Gabon stopped being members of OPEC from 1990.

I.R. of Iran
1,202.20
1,334.50
1,491.30
1,710.70
1,908.30
2,131.80
2,603.20
2,839.80
3,375.80
3,829.00
4,539.50
5,023.10
5,860.90
6,021.60
5,350.10
5,882.90
5,662.80
5,241.70
3,167.90
1,467.30
1,315.90
2,391.30
2,441.70
2,032.40
2,192.30
2,037.10
2,297.60
2,305.40
2,814.10
3,134.50
3,398.90
3,431.60
3,425.20
3,596.00
3,595.00
3,596.00
3,649.00
3,586.00
3,507.00

Iraq
1,007.10
1,009.20
1,161.90
1,255.20
1,312.60
1,392.20
1,228.10
1,503.30
1,521.20
1,548.60
1,694.10
1,465.50
2,018.10
1,970.60
2,261.70
2,415.40
2,348.20
2,562.00
3,167.90
2,646.40
897.4
1,012.10
1,098.80
1,221.30
1,404.40
1,876.50
2,358.70
2,739.80
2,785.80
2,110.00
285.8
526.2
659.5
748.7
736.9
740.40
1,190.00
2,113.00
2,509.00

Kuwait
1,735.00
1,957.80
2,096.30
2,301.00
2,360.30
2,484.10
2,499.80
2,613.50
2,773.40
2,989.60
3,196.70
3,283.00
3,020.40
2,546.10
2,084.20
2,145.40
1,969.00
2,131.40
2,500.30
1,663.70
1,129.70
824.3
1,054.10
1,163.00
936.3
1,237.70
971.6
1,396.50
1,463.50
849.2
190.1
1,057.20
1,881.80
2,006.60
2,006.60
2,005.60
2,088.00
2,076.00
1,907.00

S.P.
Libyan A.J.
18.2
182.3
441.8
862.4
1,218.80
1,501.10
1,740.50
2,602.10
3,109.10
3,318.00
2,760.80
2,239.40
2,174.90
1,521.30
1,479.80
1,932.60
2,063.40
1,982.50
2,091.70
1,831.60
1,217.80
1,136.00
1,104.90
984.6
1,023.70
1,308.00
972.5
1,029.80
1,129.20
1,388.70
1,403.20
1,432.70
1,361.00
1,389.80
1,399.00
1,394.00
1,431.00
1,390.00
1,338.00

ASB 1999 Page 54

Nigeria
46
67.5
76.5
120.2
274.2
417.6
319.1
141.3
540.3
1,083.10
1,531.20
1,815.70
2,054.30
2,255.00
1,783.20
2,066.80
2,085.10
1,897.00
2,302.00
2,058.00
1,439.60
1,287.00
1,235.50
1,388.00
1,498.90
1,466.60
1,323.00
1,367.60
1,716.30
1,726.70
1,893.10
1,957.00
1,905.20
1,820.90
1,842.60
1,863.10
2,344.00
2,209.40
2,122.48

Qatar
117.2
186.2
191.5
215.3
232.6
291.3
323.6
339.5
355.5
362.4
430.7
482.4
570.3
518.4
437.6
497.3
444.6
486.7
508.1
471.4
415.2
332
269
325.3
290.1
313.6
291.4
319.4
320.2
405.6
391.2
423.2
390.3
378.7
389.8
393.10
616.00
661.00
646.00

Suadi
Arabia
1,480.10
1,642.90
1,786.00
1,896.50
2,205.30
2,601.80
2,805.00
3,042.90
3,216.20
3,799.10
4,768.90
6,016.30
7,596.20
8,479.70
7,075.40
8,577.20
9,199.90
8,301.10
9,532.60
9,900.50
9,808.00
6,483.00
4,539.40
4,079.10
3,175.00
4,784.20
3,975.20
5,086.30
5,064.50
6,412.50
8,117.80
8,331.70
8,047.70
8,049.00
8,023.40
8,162.30
8,304.00
8,250.00
7,658.00

Unt. Arab
Emirates
14.2
48.2
186.8
282.2
360
382.1
496.6
627.8
779.6
1,059.50
1,202.70
1,532.60
1,678.60
1,663.80
1,936.40
1,998.70
1,830.50
1,830.70
1,701.90
1,502.30
1,248.80
1,149.00
1,069.00
1,056.80
1,308.90
1,417.70
1,509.50
1,857.80
1,819.70
2,093.90
2,240.50
2,159.30
2,166.50
2,148.00
2,161.30
2,250.00
2,261.00
2,079.00

Venezuela
2,919.90
3,199.80
3,247.90
3,392.80
3,472.90
3,371.10
3,542.10
3,604.80
3,594.10
3,708.00
3,549.10
3,219.90
3,366.00
2,976.30
2,346.20
2,294.40
2,237.90
2,165.50
2,356.40
2,165.00
2,108.30
1,895.00
1,800.80
1,695.50
1,564.00
1,648.50
1,575.50
1,578.10
1,747.40
2,135.20
2,286.20
2,345.60
2,326.00
2,367.90
2,378.50
2,381.00
3,228.00
3,137.00
2,805.00

Total
9,303.80
10,508.10
11,514.20
12,980.90
14,338.20
15,770.20
16,849.80
18,785.60
20,906.30
23,413.00
25,326.30
27,094.40
30,988.50
30,729.20
27,155.00
30,737.80
31,253.50
29,805.30
30,619.80
26,880.00
22,598.60
18,992.20
16,992.30
16,347.20
15,447.70
18,333.00
17,324.90
19,618.40
21,340.30
22,067.30
22,313.20
23,849.90
24,230.60
24,609.40
24,600.70
24,829.20
27,341.00
27,847.40
26,646.48

Table 20

OPEC & Nigeria: % Contribution to World Crude Oil Production and Exports
1961 - 1999 ('000 Barrels Per Day)
Production
OPEC %

Year
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999

41.9
43.3
44.4
46.3
47.5
48.1
47.7
49.4
50.7
51.7
52.9
53.4
55.9
55.1
51.5
53.5
52.1
49.5
49.2
44.8
40.2
35.5
32.4
30.8
29.3
33.0
31.5
34.2
36.7
37.1
37.7
39.9
40.8
41.0
40.7
40.2
38.8
40.0
38.3

Exports
Nigeria
0.2
0.3
0.3
0.4
0.9
1.3
0.9
0.4
1.3
2.4
3.2
3.6
3.7
4.0
3.4
3.6
3.5
3.1
3.7
3.4
2.6
2.4
2.4
2.6
2.8
2.6
2.4
2.3
2.9
2.9
3.2
3.3
3.2
3.0
3.0
3.0
2.9
3.2
3.1

OPEC %
90.9
90.8
90.9
88.6
88.6
88.7
87.4
87.1
86.2
86.0
86.5
86.7
86.9
87.6
84.4
83.9
82.8
81.0
79.2
75.7
70.9
62.7
57.7
54.6
51.2
54.8
52.1
53.6
57.5
58.9
60.8
59.9
58.9
57.4
56.1
55.0
67.3
56.5

ASB 1999 Page 55

Nigeria
0.6
0.7
0.7
1.0
2.0
2.5
1.8
0.8
2.6
4.5
5.8
6.4
6.3
7.0
6.0
6.2
6.2
5.7
6.6
6.6
4.8
4.5
4.4
5.1
6.5
5.3
4.7
4.6
5.9
5.7
5.8
5.5
5.1
5.1
5.2
5.1
5.5
5.4

Table 21
Nigerian Crude Oil Reserves and Production Ratio
1961 - 1999 (Barrels)
Year
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999

Reserve (Million)
300
400
500
1,000
3,000
3,500
3,550
4,000
5,000
9,300
11,680
15,000
20,000
20,900
20,200
19,445
18,700
18,200
17,400
16,700
16,500
16,750
16,550
16,650
16,600
16,066
15,980
16,000
16,000
17,100
20,000
20,991
20,991
20,991
20,828
20,828
22,000
22,000
20,000

Production (Thousand)
16,802
24,624
27,913
43,997
99,354
152,428
116,553
51,907
197,204
395,836
558,879
665,283
750,452
823,321
651,509
758,058
766,054
692,269
841,227
752,223
525,501
470,687
450,975
507,999
547,090
535,297
482,886
490,440
626,450
630,246
690,982
716,262
695,398
664,629
672,549
681,895
855,001
806,444
774,703

ASB 1999 Page 56

R/P
17.9
16.2
17.9
22.7
30.2
23.0
30.5
77.1
25.4
23.5
20.9
22.5
26.7
25.4
31.0
25.7
24.4
26.3
20.7
22.2
31.4
35.6
36.7
32.8
30.3
30.0
33.1
32.6
25.5
27.1
28.9
29.3
30.2
31.6
31.0
30.5
25.7
27.3
25.8

Table 22
1999 Refinery Crude Oil Balance
('000bbls)

Q1

Q2

Q3

Q4

Annual

1,086.49
1,429.55
1,721.65
278.10

1,048.85
1,588.87
1,186.94
281.71

1,035.75
1,442.90
1,677.31
296.71

141.19
1,794.35
974.60
211.73

1,086.49
1,429.55
1,721.65
278.10

4,515.79

4,106.37

4,452.67

3,121.88

4,515.79

6,047.97
7,869.65
109.10

10,233.00
6,508.00

11,545.40
6,884.99

319.22
9,543.18
6,907.88
10.75

319.22
37,369.55
28,170.52
119.85

14,026.72

16,740.99

18,430.39

16,781.04

65,979.13

5,872.78
8,258.52
105.48

10,370.18
6,017.62

621.55
11,194.43
7,581.65
69.98

9,212.61
7,104.43

621.55
36,650.01
28,962.23
175.46

14,236.79

16,387.80

19,467.61

16,317.05

66,409.25

1,086.49
1,604.74
1,332.78
281.71

1,048.85
1,451.69
1,677.31
281.71

414.19
1,793.87
980.65
226.74

460.41
2,124.93
778.05
222.48

784.15
2,149.10
929.94
222.48

4,305.72

4,459.56

3,415.45

3,585.87

4,085.67

Opening Stock
Arabia Light
Bonny Light
Escravos Light
Forcados Blend
Total Stock Addittions

Crude Oil Received

Arabia Light
Bonny Light
Escravos Light
Forcados Blend
Total Receipts

Crude Oil Processed

Arabia Light
Bonny Light
Escravos Light
Forcados Blend
Total Processed

Closing Stock
Arabia Light
Bonny Light
Escravos Light
Forcados Blend
Total Closing Stock

Source: Refinery Monthly Reports

ASB 1999 Page 57

Quarterly Crude oil Received Vs Processed

25

m bbls

20

15

10

0
Q1

Q2

Crude Oil Received

ASB 1999 Page 58

Q3

Q4

Crude Oil Processed

Crude oil Received Vs Processed (1997 1999)

mbbls

90

60

30

1997

1998

1999

Received

80,473.49

52,422.07

65,979.13

Processed

78,002.00

54,304.19

66,409.25

ASB 1999 Page 59

Table 23
Crude Oil Received - 1999
Crude Type

January February

March

April

May

June

July

August September

October November December

319.22

Arabia Light

319

Bonny Light

3,276.91

502.41 2,268.65 3,261.14 3,380.96 3,590.90 3,739.06 3,943.34

3,863.00 3,787.96

3,251.96

2,503.26 37,369

Escravos Light

1,742.50

2,610.86 3,516.30 2,526.84 1,947.81 2,033.34 2,561.05 2,124.65

2,199.29 2,010.68

2,615.56

2,281.65 28,170

10.75

119

5,878.26

5,104.13 65,979

109.10

Forcados Blend
Total Receipts

5,019.41

3,222.36 5,784.95 5,787.98 5,328.77 5,624.24 6,300.11 6,067.99

Source: Refinery Monthly Reports

ASB 1999 Page 60

6,062.29 5,798.64

Crude Oil Received (1997 - 1999)

45,000,000
40,000,000
35,000,000

bbls

30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0

1997

1998

1999

1997

1998

1999

Arabian Light

2,483.05

319.22

Bonny Light

39,274.44

27,377.66

37,369.55

Escravos Light

36,381.25

24,440.90

28,170.52

Forcados Blend

2,334.75

603.52

119.85

ASB 1999 Page 61

Table 24
Crude Oil Received (1997 - 1999)

Crude Type

January February

March

April

May

June

July

152.67

Arabia Light

August September

October November December

468.89

Total

621.55

Bonny Light

2,767.77

270.86 2,834.15 2,930.07 4,020.01 3,420.10 3,244.72 4,180.63

3,769.08 3,526.01

2,984.70

2,701.90 36,650.01

Escravos Light

2,164.95

2,977.58 3,115.99 2,686.29 2,156.43 1,174.91 2,872.89 2,095.49

2,613.27 1,695.59

2,554.03

2,854.81 28,962.23

Forcados Blend

Total Processed

45.60

4,978.33

59.88

69.98

3,308.32 5,950.14 5,616.36 6,176.44 4,595.00 6,270.28 6,814.98

Source: Refinery Monthly Reports

ASB 1999 Page 62

175.46

6,382.36 5,221.60

5,538.73

5,556.71 66,409.25

Crude Oil Processed (1997 - 1999)

40
35

mbbls

30
25
20
15
10
5
0
1997

1998

1999

1997

1998

1999

Arabian Light

2,463.22

621.55

Bonny Light

37,797.36

29,152.33

36,650.01

Escravos Light

35,477.44

24,613.03

28,962.23

Forcados Blend

2,263.98

538.83

175.46

ASB 1999 Page 63

Table 24
Finished Products from Domestic Refineries - 1999

Products

January

February

March

April

May

June

July

August

September

October

November

December

Total

LPG

976

1,739

5,946

1,789

310

6,487

8,299

9,131

6,612

2,019

1,861

9,132

54,301

LPG

PMS

59,546

50,247

137,593

121,404

163,299

137,845

149,700

188,803

176,018

161,497

164,545

152,455

1,662,952

PMS

DPK

91,612

65,063

112,971

114,274

111,895

79,105

126,539

128,714

131,382

97,953

111,188

108,006

1,278,702

DPK

AGO

131,738

82,979

173,423

153,743

150,593

136,052

143,586

174,307

175,267

169,061

151,712

171,574

1,814,035

AGO

Fuel oil

237,813

116,761

215,018

254,858

264,715

251,879

218,320

267,355

227,527

249,211

226,597

288,832

2,818,886

Fuel oil

7,597

19,931

9,749

17,027

10,950

22,703

17,433

20,286

2,607

128,283

LRS-1

Petrochem.

164

1,038

1,202

Products

LRS-1

Petrochem.

TOTAL

521,849

316,789

644,951

653,665

710,743

621,117

664,509

779,260

739,509

697,174

676,189

732,606

7,758,361

TOTAL

Products

January

February

March

April

May

June

July

August

September

October

November

December

Total

Products

ASB 1999 Page 64

Finished Products from Domestic Refineries - 1999

Million Metric Tons

0
1997

1998
AGO

DPK

Fuel oil

1999
LPG

ASB 1999 Page 65

PMS

Table 26
Refinery Production Returns:
January - December, 1999
(a) Crude Oil
('ooomt)
KR
Crude Type
Arabian Light
Bonny Light
Escravos Light
Forcados Blend
Total

PC

PH

Received

Processed

43.42

85.39

1,197.87

1,267.76

1,241.28

1,353.15

RC

Received

WR

Processed

5,076.98

PC

Received

TO

Processed

Received

Processed

2,604.76
16.96

2,657.93
24.83

43.42
5,076.98
3,802.63
16.96

85.39
4,979.47
3,925.7
24.83

2,621.72

2,682.76

8,939.98

9,015.38

4,979.47

5,076.98

4,979.47

TAL

(b) Finished Products

(Metric Tons)
K RP C
Products
LPG
PMS
DPK
AGO
Fuel oil
LRS-1
Petrochem.
TOTAL

P HR C

W RP C

T OT A L

Actual

Evacuation

Actual

Evacuation

Actual

Evacuation

Actual

Evacuation

Production
1,825
214,171
193,839
195,181
165,286
128,283
1,202

by PPMC
407
252,895
217,682
206,071
153,932
129,929
178

Production
30,236
1,026,119
670,786
1,080,814
1,675,255

by PPMC
28,279
1,215,277
672,496
1,054,302
1,702,037

Production
22,240
422,662
414,077
538,040
978,345

by PPMC
22,347
532,590
392,904
545,727
221,875

Production
54,301
1,662,952
1,278,702
1,814,035
2,818,886
128,283
1,202

by PPMC
51,033
2,000,762
1,283,082
1,806,100
2,077,844
129,929
178

899,787

961,094

4,483,210

4,672,391

2,375,364

1,715,443

7,758,361

7,348,928

Source: Refinery Monthly Report

ASB 1999 Page 66

Table 27
Refinery Fuel and Loss Statistics:
For the months of January - December, 1999

KR
Products

PC

PH

RC

WR

PC

TO

TAL

Quantity

% Wt. of

Quantity

% Wt. of

Quantity

% Wt. of

Quantity

% Wt. of

(mt)

Production

(mt)

Production

(mt)

Production

(mt)

Production

198,688

14.68

220,250

4.42

165,442

6.17

584,380

6.48

Gas

25,419

1.88

66,118

1.33

21,996

0.82

113,533

1.26

LPG

26,619

1.97

18,032

0.36

775

0.03

45,426

0.50

LPFO

137,800

10.18

28,640

0.58

98,386

3.67

264,826

2.94

Coke Burnt

4,020

0.30

14,430

0.29

10,264

0.38

28,714

0.32

AGO

4,830

0.36

93,030

1.87

34,021

1.27

131,881

1.46

Gas/LPG Flared

9,658

0.71

23,708

0.48

16,784

0.63

50,150

0.56

11,315

0.84

50,252

1.01

16,011

0.60

77,578

0.86

219,661

16.23

294,210

5.91

198,237

7.39

712,109

7.90

R/Fuel

Losses
R/Fuel & Loss

Source: Refinery Monthly Report

ASB 1999 Page 67

Table 28
Domestic Consumption of Petroleum Product By States: January - December, 1999
('000Litres)
Products

Abia

Adamawa

Akwa- Ibom

Anambra
313

Bauchi

Bayelsa

12

Borno

Cross- River

Delta

LPG.

65

35

Aviation Gasoline

50

48

858

40,367

24,636

15,826

42,662

Household Kerosine

11,893

4,067

2,281

10,610

5,705

73

10,112

10,820

Auto. Gas Oil

10,810

7,930

36,944

8,807

11,846

288

14,265

29,888

LPFO

688

335

3,751

8,962

1,185

1,740

355

2,384

Lubricating Oils

413

172

467

1,098

454

545

809

1,549

Greases

8.321

6.861

0.600

286

2.205

36.063

16.665

13

Pet. Jelly / Waxes

0.002

Super Gasoline

Benue

17
35,582

31,211

Ebonyi

Edo

Ekiti

Enugu

Gombe

Imo

16

195

16

257

Jigawa

41

1,941

800

253

47

1,684

46

89,128

48,663

127,101

3,440

2,983

45,213

1,524

30,382

2,014

11,989

6,700

45,52
3
13,44
4

12,554

77,848

665

47,814

1,021

19,067

6,096

9,315

1,151

5,836

1,089

3,147

58

1,733

111

865

350

741

75

1,627

746

38.029

93

86

0.128

90,356

10,877

45,415

16,273

Kaduna

Kano

Katsina

297

1,609

51

2,994

28,559

24,646

7,815

175,246

155,248

30,188

2,717

35,641

27,933

3,759

2,276

67,486

66,864

9,206

3,573

11,130

369

3,627

2,201

331

74

38

191

110

1,140

185

1,385

5,916

83

HPFO

260
53

10

0.022

1.000

10

0.012

0.293

5.254

Bitumen & Asphalts

1,523

10

227

596

132

2,358

3,489

506

127

60

420

1,464

34

1084

510

1.043

0.968

4.712

0.068

61.754

30.555

0.167

1.588

Base Oils
Additives
Brake Fluids
Special Products
Gas Appliances

0.009

0.001

0.006

0.012

0.090

0.287

0.197

0.084

0.018

Chemicals

16094

0.687

29

346.444

1.422

21

74

30,259

20,807

9163

150

80,393

37,250

56,446

68,158

62,582

57,617

133,341

66,374

295,127

88,021

35,574

0.046

0.002

653

18.781

15

0.579

0.418

128

2,997

0.200

290,590

304,303

68,637

SRG
LSR-1
Waxy Raffinate
B-S Extract
IN-Raffinate
Waxy Distillate
MC-I-BM
Total

361

5,691

Source: Monthtly Returns from the Major Petroleum Products Marketing Companies and PPMC

Table 28 Contd.
ASB 1999 Page 68

199,700

14,547

70,83
8

12,883

Domestic Consumption of Petroleum Product By States: January - December, 1999

('000Litres)
Products

Kebbi

Kogi
42

LPG.
Aviation
Gasoline
Super
Gasoline
Household
Kerosine
Auto. Gas
Oil

33

Kwara

Lagos

Nasarawa

54

5,679

192,359

Niger

Ogun

27

886

Oyo

107

217

0.210

1,627

Plateau

Rivers

Sokoto

734

416

0.020

8,819

Taraba

128

Yobe

Zamfara
4

11

Abuja
255

Independent
Marketers
Liftings

Total Sold

60,117

75,968

6,702

267,124

36,977

52,650

1,259,751

11,567

52,218

178,944

65,348

68,573

187,742

72,697

177,401

58,018

16,697

35,598

12,251

109,350

2,482,921

5,930,124

1,958

10,525

7,808

102,721

3,682

13,588

25,658

11,989

8,744

28,967

18,229

26,158

5,564

4,456

3,497

1,175

8,307

990,534

1,513,422

2,676

13,160

10,837

382,102

5,317

6,430

40,600

12,919

10,582

49,287

23,275

102,196

14,380

4,167

12,026

3,434

32,236

810,589

1,977,203

129

1,772

165,346

66

6,718

308

2,359

3,058

442

934

10,136

204

98,058

333,600

260

Greases
Pet. Jelly /
Waxes
Bitumen &
Asphalts

Osun

15,865

HPFO
LPFO
Lubricating
Oils

Ondo

27

287

73

1,424

317

12,793

196

426

1,734

679

547

2,614

859

4,319

1,234

198

649

108

1,447

48,362

1.237

3.586

5.717

613

0.948

9.682

5.178

26.913

17

223

1.617

21

3.110

0.700

53

4,070

5,533

112

1.000

665

484

57,026

526

69

60

345

4,701

2,281

143

449

2,157

3,263

8,517
71

12

60

66

57,592

143,952

69

Base Oils

69
1,884

Additives
Brake
Fluids
Special
Products
Gas
Appliances

0.209

0.024

Chemicals

0.007

1,765

8.233

0.555

0.151
0.0426

1.000

0.088

1.193

23

2.731

1.742

0.472

0.131

3.073

0.216

0.136

0.016

4.276

34,046

40.413

221.810

1.623

16

1.000

1.000

4,112

1.992

7.721

7.036

1.044

0.630

199.539

0.110

0.072

0.717

0.022

0.037

6.384

305.418

5.920

7,478

0.020

11

SRG
LSR-1
Waxy
Raffinate

122,185
2.385

2.385

41,741

41,741

3,836

3,836

B-S Extract

73

73

IN-Raffinate
Waxy
Distillate

3,929

3,929

4,491,800

12,261,211

MC-I-BM
Total

20,606

64,550

73,596

2,220,089

21,412

72,829

255,344

92,030

93,186

276,892

117,100

332,671

*:

Liftings by Independent Marketers are not Indicated by states.

Source: Monthtly Returns from the Major Petroleum Products Marketing Companies and PPMC

ASB 1999 Page 69

89,534

25,551

51,839

17,045

216,157

Table 29
Petroleum Products Distribution By Marketing Company: January - December, 1999
('000Litres)
Unipetrol
3,772

Major
Marketers
Sub-total
15,851

*Independent
Marketers
60,117

Total
Distribution
75,968

606,911

433,066

3,447,203

2,482,921

5,930,124

67,254
106,231

98,625
181,993

61,963
136,375

522,888
1,166,614

990,534
810,589

1,513,422
1,977,203

76,401
4,722

28,412
4,820

35,261
13,989

19,935
2,539

235,542
48,362

98,058

333,600
48,362

652

993

2,094

4,070

4,070

9,969

1,649
89

8,517
143,952

8,517
143,952

African
Petroleum
814

Agip
4,073

Elf

Mobil
560

National

Texaco
325

Total
6,307

Super Gasoline

572,634

275,307

117,801

652,845

403,567

385,072

Household Kerosine
Auto. Gas Oil

81,955
242,332

56,149
122,597

31,214
42,139

64,405
189,773

61,324
145,174

46,159
6,701

7,317
4,713

609

22,058
10,269

32

290

9.138

2263.833
931

21,771

Products
LPG.
Aviation Gasoline

HPFO
LPFO
Lubricating Oils
Greases
Pet. Jelly / Waxes
Bitumen & Asphalts

287

4,604
75,517

Base Oils

Gas Appliances
Chemicals
SRG

35,675

69

Additives
Brake Fluids
Special Products

287

1.437
109.538

2,520

0.001

6.312

69

69

1,884
1,588

1,884
4,112

1,884
4,112

90

199.539

199.539

6.384

6.38

51,016

122,185
2.385

122,185
2.385

0.072

12,228

58,938

287

LSR-1

41,741

41,741

Waxy Raffinate
B-S Extract

3,836
73

3,836
73

IN-Raffinate

3,929

3,929

0.082

0.082

4,491,800

10,480,665

Waxy Distillate
MC-I-BM
Total

990,360

493,598

191,775

1,127,099

769,168

634,983

1,030,213

Source: Monthly Returns from the Major Petroleum Products Marketing Companies and PPMC

ASB 1999 Page 70

751,668

5,988,865

Table 30
1999 BUNKER SALES REPORT
MONTH
January
February
March
April
May
June
July
August
September
October
November
December
Total

AGO
Quantity
(mt)
46,235
29,107
63,653
40,838
36,774
51,389
64,893
40,928
36,792
29,101
15,510
62,447
517,667

LPFO
Quantity
(mt)
24,367
26,530
23,259
20,463
21,942
13,191
17,964
23,626
16,985
14,433
7,497
27,035
237,292

Value
('000$)
3,613.43
1,826.96
5,857.80
3,888.75
3,558.60
5,597.22
8,458.52
6,036.14
5,982.41
4,796.17
2,794.37
12,209.20
64,619.55

Table 31
ASB 1999 Page 71

Value
('000$)
1,076.51
1,002.07
1,004.16
1,129.99
1,230.19
930.08
1,407.56
2,302.16
1,750.12
1,631.52
877.96
3,183.39
17,525.70

TOTAL
Quantity
(mt)
70,602
55,637
86,912
61,301
58,716
64,580
82,857
64,554
53,777
43,534
23,007
89,482
754,959

Value
('000$)
4,689.94
2,829.03
6,861.96
5,018.73
4,788.79
6,527.30
9,866.08
8,338.29
7,732.53
6,427.69
3,672.33
15,392.59
82,145.25

Petroleum Products Exports

MONTH

LPFO

January
February

29,727

HPFO

NAPH

132,986

27,880

120,685

April

215,521
203,220

June
July

2,932

August

REFORMATE

SLOP

H. SLOP

TOTAL
160,866

84,626

March

May

(Metric tons)
VGO

114,353
25,324

24,187

170,196
18,924

33,154

234,445

24,620

260,994

233,065

10,927

243,992

78,150

8,948

90,030

73,042

21,736

94,778

September

92,156

71,153

October

29,368

155,339

184,707

November

160,532

160,532

December

174,694

174,694

Total
Source: PPMC

357,403

1,499,793

13,411

127,969

24,620

ASB 1999 Page 72

24,187

18,924

13,411

176,719

2,066,305

Petroleum Products Exports (1997 -1999)

3
2
1
0
1997

1998

ASB 1999 Page 73

1999

Table 32
Petroleum Products Imports -1999
(Metric tons)
MONTH

PMS

DPK

AGO

LPG

TOTAL

January

242,787.00

February

57,396.00

March

59,939.00

25,013.00

April

85,065.00

121,683.00

2,744.00

209,492.00

May

140,875.00

88,290.00

2,660.00

264,825.00

June

173,193.00

4,263.00

177,456.00

July

157,839.00

August

134,024.00

39,935.00

September

375,243.00

27,450.00

402,693.00

October

210,781.00

5,910.00

216,691.00

November

148,234.00

24,646.00

95,427.00

338,214.00
5,318.00

33,000.00

62,714.00
84,952.00

29,042.00

186,881.00

44,312.00

218,271.00

31,304.00

December

202,098.00

40,541.00

30,177.00

Total

1,987,474.00

171,482.00

465,248.00

ASB 1999 Page 74

204,184.00
272,816.00
14,985.00

2,639,189.00

Petroleum Products Imports (1997 -1999)

Million Metric Tons

0
1997

1998

ASB 1999 Page 75

1999

Table 33
Annual Petroleum Products Sales in Nigeria
(Metric tons)

Product
PMS
DPK
ATK
AGO
LPFO
LPFO (E)
LPFO (SP)
HPFO
FURFURAL
BITUMEN
P-WAX
B.S EXT
TIN KERO
150N SLO
BASE OIL
WAXY RAF
WAXY DST
SRG
LPG
U.LPG
NAPHTHA
LRS-1
VGO
SLOP
H. SLOP
PROPANE
REFORMATE
TOTAL

1990
1991
3,724.52
5,090.02
1,924.87
1,829.31
391.60
2,733.72
2,892.23
1,996.70
1,979.24

1992
5,141.98
1,866.79
473.70
2,927.81
2,184.40

1993
5,272.54
1,933.05
380.09
3,185.76
1,572.01

1994
4,204.41
1,230.37
368.45
2,214.51
1,125.61

1995
4,129.37
1,445.54
367.66
2,266.40
1,416.57

1999
3,153.59
1,217.38
32.43
1,591.34
484.07
506.55
431.19
441.59
516.82
409.52
29.96
1,149.17
954.13
326.22
94.99
153.21
168.12
129.20
130.53
50.39
5.29
180.13
100.73
110.02
83.41
110.46
29.96
72.40
0.13
7.66
2.10
3.34
2.45
2.33
0.00
474.90
0.11
1.57
1.84
8.78
7.97
118.01
5.68
2.39
2.05
1.58
4.14
0.24
0.18
0.68
0.13
0.58
1.49
5.49
3.65
2.76
2.93
3.56
7.15
3.30
2.87
4.08
3.03
98.26
209.35
592.65
81.22
89.68
93.41
66.05
37.61
1.65
2.06
1.61
2.44
1.94
21.87
212.02
239.76
146.48
262.50
7.21
17.94
43.62
192.06
94.39
47.82
23.75
23.19
113.31
83.50
10.89
0.37
42.05
13.89
4.37
1.27
0.19
11,169.15 13,063.81 13,548.72 13,194.18 10,514.46 10,132.69 11,029.77 11,570.15 8,602.71 7,638.36

Source: PPMC
ASB 1999 Page 76

1996
3,985.14
1,633.72
347.45
2,265.11
640.14
422.39
64.49
1,216.68
3.73
83.09
0.03

1997
3,961.78
1,640.54
460.53
2,650.86
1,327.68

1998
3,530.19
1,266.37
26.17
1,809.92
626.41

Annual Petroleum Products Sales in Nigeria

14

12

10

8
1990

1991

1992

1993

1994

1995

ASB 1999 Page 77

1996

1997

1998

1999

Table 34
Petroleum Products Retail Price Trend
Products
Liquefied Petroleum Gas (Cooking Gas)
Premium Motor Spirit (PMS - Petrol)
Household Kerosine (HHK)
Aviation Turbine Kerosine (ATK)
Automotive Gas Oil (AGO - Diesel)
Fuel Oil
Petroleum Wax
Bitumen 60/70
Bitumen 80/100
Bitumen MCO/MC1/S125
Base Oil 100/150N
Base Oil 250N
Base Oil 500N
Bright Stock (BS)

Price/Unit
Naira/Tonne
Naira/Litre
"
"
"
Naira/MT
"
"
"
"
"
"
"

1990
800
0.60
0.40
1.14
0.50
0.40
4,900
450
450
820
8,331
8,649.06
8,880.30
9,639

1991
2,000
0.70
0.50
1.05
0.55
0.55
4,900
450
450
820
8,331
8,649.06
8,880.30
9,639

1992
2,000
0.70
0.50
1.05
0.55
0.61
4,900
450
450
820
8,331
8,649.06
8,880.30
9,639

1993
2,000
3.25
2.75
5.50
3.00
2.50
12,000
1,600
1,600
3,000
8,331
8,649.06
8,880.30
9,639

1994
4,000
11.00
6.00
8.00
9.00
7.00
12,000
1,600
1,600
3,000
8,331
8,649.06
8,880.30
9,639

1995
4,000
11.00
6.00
8.00
9.00
7.00
36,000
1,600
1,600
3,000
16,662
17,298.2
17,760.6
19,278

Note
1. From the 5th of March, 1991, these prices of ATK, Bitumen/Asphalt and the various brands of base oil changed from 1990 levels.
2. On November 8, 1993 prices of petroleum products were increased from their 1992 levels as follows:
PMS N5.00 per litre HHK N4.50, AGO N4.75 and Fuel oil N4.00. These prices were adjusted downwards on
November 18, 1993 to the prices on the Table.
3. On October 1, 1994 the prices per litre of some products were increased; PMS N15.00 HHK N12.00, AGO N14.00 and Fuel Oil N10.00.
On October 4,1994, these prices were reduced to the figures on the Table.
4. On December 10, 1998 the prices of petroleum products were increased; PMS N25, HHK N23, ATK, AGO N23.
5. From January 6,1999, the prices of products were reduced from 1998 levels to the prices on the table.
Source: PPMC

ASB 1999 Page 78

1996
4,000
11.00
6.00
8.00
9.00
7.00
36,000
12,000
12,000
12,335
16,662
17,298.2
17,760.6
19,278

1997
4,000
11.00
6.00
8.00
9.00
7.00
36,000
12,000
12,000
12,335
16,662
17,298.2
17,760.6
19,278

1998
35,100
11.00
6.00
8.00
9.00
7.00
36,000
12,000
12,000
12,335
16,662
17,298.2
17,760.6
19,278

1999
26,050
20.00
17.00
19.00
19.00
12.40
36,000
12,000
12,000
12,335
16,662
17,298
17,761
19,278

GLOSSARY OF TERMS
AGO
API
ATK
AENR
b/d
Bscf
C3
C4
CO
DPK
EPCL
HHK
HPFO
JVC
KRPC
LPFO
LRS
LPG
Ltd
M3
Mbbls
mmscf
N/A
NAFCON
PPU

Automotive Gas Oil

American Petroleum Institute
Aviation Turbine Kerosene
Agip Energy and Natural Resources
Barrels/Day
Billion Standard Cubic Feet
Propane
Butane
Company
Dual Purpose Kerosene
Eleme Petrochemical Company Limited
House Hold Kerosene
High Pour Fuel Oil
Joint Venture Company
Kaduna Refining and Petrochemical Company
Low Pour Fuel Oil
Long Residues
Liquefied Petroleum Gas
Limited
Cubic Metres
Million Barrels
Million standard Cubic Feet
Not Available
National Fertilizer Company of Nigeria
Power Plant Unit

NAOC
NEPA
NGC
NGL
NNPC
NPDC
Oml
Opl
Petrochem.
Pet. Jelly
PHRC
PMS
PPMC
PSC
PZ
QTY
nR/Fuel
W/O
WRPC
(000bbls)
(000mt)
MD
TVD
SCF
HOG
BTU

Nigerian Agip Oil Company

National Electric Power Authority
Nigerian Gas Company
Natural Gas Liquids
Nigerian National Petroleum Corporation
Nigerian Petroleum Development Company
(A Subsidiary Of NNPC)
Oil Mining Lease
Oil Prospecting Lincence
Petrochemical Products
Petroleum Jelly
Port Harcourt Refining Company
Premium Motor Spirit
Pipelines and Products Marketing Company Limited
Production Sharing Contract
Paterson Zochonis
Quantity
Refinery Fuel
Work Over
Warri Refining and Petrochemical Company
Thousand Barrels
Thousand Metric Tons
Measured Depth
True Vertical Depth
Standard Cubic Feet
High Octane Gasoline
British Thermal Unit

ASB 1999 Page 79

JVC

PSC OPERATED BY JVCs

AGIP

NAE

SPDC

SNEPCO

CHEVRON

CHEVRON DEEPWATER

EXXON / MOBIL

ESSO

ELF

ELF PSC

TEXACO

TEXACO DEEPWATER

OTHERS:

CONOCO
STAT OIL
PETROBRAS
ADDAX
ASB 1999 Page 80