OIL & GAS

Kolmani well close to target

The Kolmani River-II Well which spud-in was flagged off last month by President Muhammadu Buhari is progressing satisfactorilyKolmani well close to target, with drilling so far of 6,700 feet, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said.
Kolmani is on the Gongola basin in Upper Benue.

Baru stated this while receiving an Award presented to him by the Petroleum Technology Association of Nigeria (PETAN) Executive for his landmark achievement in the development of Inland basins in the country, especially the drilling of the Kolmani River-II Well and his efforts in Deep Water operations.

He explained that the target was 14,200 feet, although the depth could be longer depending on findings, even as he explained to the visiting PETAN Executive that President Muhammadu Buhari should be commended on the progress being made on the drilling of the well.

Prospecting for oil and gas in Kolmani River-II Well is one of the recent foray of the government into inland exploration in parts of the country.

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