Fueling Progress, Empowering Communities!
Driving Sustainable Exploration and Production in Nigeria
Elcrest, a dynamic and growing oil and gas leader, drives sustainable energy exploration and production in the Niger Delta. We are committed to powering Nigeria’s growth while responsibly managing our environmental footprint.
Elcrest in Numbers
2P Reserves + 2C Resources
LTI-Free Man Hours
Cumulative Production
CO2 emission intensity for 2023
Our Commitment to Responsible Operations
We are committed to minimizing our environmental footprint through sustainable practices, efficient resource management, and responsible decision-making.
By balancing operational excellence with environmental stewardship, we strive to protect our planet for current and future generations while maintaining our role as a leading energy provider.
OML 40
A 498 km² Niger Delta oil license, jointly held by NEPL and Elcrest, with two producing fields and multiple prospects
Opuama Field
Discovered in 1972 (Opuama-1 well). Production from Opuama began in 1975, reaching a peak output of 11,000 barrels of oil per day (bopd) from five wells: Opuama-1, 3, 5, 6, and 7.
Gbetiokun Field
The Gbetiokun Field is situated to the southeast of OML 40 and was discovered in 1987 (Gbetiokun-1 well), drilled by Shell Petroleum Development Company (SPDC) and further appraised by Gbetiokun-2 (SPDC) drilled in 1990-91.
Sibiri Field
Abiala Asset
In 2022, Elcrest announced an agreement with Naphta Global Exploration & Production Ltd for a 95% equity farm-in to the Abiala marginal field, while Naphta retains a 5% carried interest.
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