|
Q:
What is NPDC?
Ans: The Acronym: NPDC means
Nigerian Petroleum
Development Company Limited.
It was established in 1988
as a wholly owned subsidiary
of NNPC.
Q:
What is the relationship
between NPDC and NNPC?
Ans: NPDC is a subsidiary of
NNPC where as NNPC is a
Federal Government
establishment that was
created on April 1, 1977
under Degree No. 33. It was
the merger of Nigerian
National Oil Company (NNOC)
and Ministry of Petroleum
Resources that gave birth to
NNPC.
Q:
What are the major functions
of NPDC?
Ans: NPDC is solely
responsible for Petroleum
Exploration and Production
Activities. Its functions
include the following:
·
Exploration: Seismic
acquisition/processing/interpretation;
volumetric/risk, Analysis,
exploratory drilling and
testing
·
Appraisal: Drill appraisal
wells,
re-evaluation/survey/testing;
Development concept study,
facilities & concept
selection Performance
predictions and economic &
portfolio planning/Analysis
·
Development: Drill
development wells,
production optimization,
well engineering, field
surveillance, reservoir
management and Field
operations
·
Production: Drill infill
wells, well Engineering,
work over operations,
Intervention & Stimulation,
Production Optimization
·
Abandonment: Environmental
Impact Assessment (EIA),
Effluent Monitoring,
Testing/Facilities
demobilization, Remediation
and Decommissioning
Q:
Who are NPDC Joint Venture
Partners?
Ans: Shell Petroleum
Development Company
(NNPC/SPDC JV), Chevron
Nigeria Limited (NNPC/CNL)
Q:
Who are NPDC Service
Contract Partners?
Ans: NPDC has SC alliance
with Agip Energy & Natural
Resources (AENR) and Shares
of China Petroleum and
Chemical Corporation
(SINOPEC).
Q:
How many operational areas
has NPDC and where are they
located?
Ans: NPDC's operations are
centered in five (5) States
in the Niger Delta region
namely: Edo , Delta Bayelsa,
Rivers and Imo.
NPDC also has base
offices/warehouse in Warri,
Port Harcourt for operations
logistics support & liaison
offices in Lagos and Abuja .
Q:
Where are NPDC’s operational
activities currently
located?
Ans: NPDC currently operates
nine (9) Oil Mining Leases
(OMLs) namely:
OIL MINING LEASES ON NPDC
CONCESSIONS
1. OML 111 Oredo/Oziengbe
Fields
2. OML 119 Okono/Okpoho
Fields
3. OML 119 Ugboko Fields
4. OML 64 Kukaku 1 Field
5. OML 65 Abura Fields
6. OML 66 Kukaku 2 Fields
NPDC/SPDC JOINT VENTURES
(JV) OIL MINING LEASES
1. OML 13 Utapete Fields
2. OML 20 Egbema/Egbema West
Fields
NPDC/CNL JOINT VENTURES (JV)
OIL MINING LEASES
1. OML 49 Aro/ Oghareki
Fields
2. OML 51 Yorla South Field
NPDC also has interest in
nine (9) non-operated Oil
Prospecting Licenses (OPL)
namely: OPLs 214, 223, 242,
244, 251, 256, 318, 325 and
332.
NPDC is currently the 7th
largest oil producer in
Nigeria . It is a known fact
that the performance of any
exploration and production
company is assessed by its
reserve portfolio and
production level.
Q:
What is NPDC’s current
reserve and production
status?
Ans: NPDC has shown a
conspicuously excellent
growth in its proven reserve
from about 200 mmbbls
(million barrels) in 1999 to
about 315 mmbbls in 2007.
NPDC has also increased its
production level from about
10,000 bopd (barrels of oil
per day) to about 70,000
bopd in 2009. To improve on
its reserve and production,
the company is aggressively
exploring opportunities in
other petroleum acreages
with particular interest in
Gulf of Guinea .
Q:
Safety is the watchword in
any oil & gas business, what
obtains in NPDC?
Ans: NPDC preaches safety in
all its activities and that
is why it has a department
that is solely responsible
for the enforcement of HSE
industry standards called
QHSED. QHSED means: Quality,
Health, Safety and
Environment Department. The
QHSE department which is
under the watchful eyes of
the Executive Director,
Engineering and Technical
Services (ED, ETSD)
traditionally organizes
Periodic Safety Awareness
Campaigns, statutory
Environmental Impact
Assessment (EIA), Post
Impact Assessment (PIA),
etc.
Q:
NPDC aspires to be the
benchmark for Corporate
Social Responsibility in
Nigeria ; what steps has the
company taken to attract and
retain the goodwill of the
host communities?
Ans: NPDC constantly engages
the Public Affairs
Department to facilitate the
socio-economic empowerment
of host communities to
mitigate against social
risks that may cause
disruptions of operations.
Q:
What are the major
challenges of NPDC?
Ans:
-
Security
-
Rig Availability
-
Infrastructure
-
People Issues
-
Plan Implementation
-
Governance
Q:
What are the key NPDC
Business Objectives?
Ans: NPDC will become a
major player in the Nigerian
oil & gas sector in the next
five years.
NPDC would increase its
reserve base from 350
million bbls in 2009 to 750
million bbls by 2012.
NPDC would increase
production from its current
capacity of about 70,000
bopd to 150,000 bopd by
2012.
NPDC is poised to develop a
human capital base with the
right competences to compete
globally.
NPDC is set to optimize the
use if IT for business
operations and decisions.
|
