NNPC lauds progress rate of oil, gas exploration in north

The Nigerian National Petroleum Corporation (NNPC) yesterday lauded the progress rate of oil and gas exploration activities in the north.

The Group Managing Director, Dr. Maikanti Baru, said the Kolmani River-II Well, whose spud-in was inaugurated in January by President Muhammadu Buhari, was “progressing satisfactorily with drilling so far at 6,700 feet.”He spoke when the Petroleum Technology Association of Nigeria (PETAN) recognised him for his achievements in office in Abuja.

Baru said prospecting for oil and gas in the well was one of the recent steps into inland exploration in parts of the federation.He hinted that the target was 14,200 feet, though the depth could be longer depending on findings.He told his victors that the president should be commended for the success story.The GMD hinted that the corporation was considering extending the ongoing Ajaokuta-Kaduna -Kano (AKK) gas pipeline system across the Sahara to Algeria in North Africa.