Seplat Energy Boosts Crude Output by 33,000 BPD After Successful Oil Well Rehabilitation

Seplat Energy Plc has successfully boosted its crude oil production by 33,000 barrels per day (BPD) following the rehabilitation of 33 oil wells, 26 of which are now fully operational. The development marks a significant step for Nigeria’s energy sector as local operators play a more prominent role in managing the country’s oil resources. The announcement was made by Seplat’s Chief Operating Officer, Samson Ezugworie, at the 43rd Nigerian Association of Petroleum Explorationists (NAPE) Annual International Conference & Exhibition in Lagos.

Ezugworie highlighted that the move to rehabilitate wells is part of Seplat’s commitment to bridging Nigeria’s energy gap while supporting the government’s production targets. “We’ve worked on rehabilitating 33 wells and had success with 26, which are now producing about 33,000 barrels between them. This is a step in the right direction for closing current revenue shortfalls,” he said. The initiative demonstrates that cost-effective strategies can significantly increase output without major new investments.

The Seplat COO also drew attention to Nigeria’s energy challenges, noting that over 70 million citizens still lack electricity access while more than 170 million rely on biomass for cooking. With the country’s population projected to reach 237 million by 2025, Ezugworie stressed the urgency of increasing domestic energy supply to meet future demands, reduce environmental pollution, and drive sustainable growth.

Beyond oil, Seplat Energy is actively expanding its gas operations. The company is nearing the delivery of its first gas from the ANOH Gas Processing Plant and has begun supplying LPG from its upgraded Sapele Gas Plant. Ezugworie emphasized that these projects not only support energy access but also reduce routine flaring, lower emissions, and create economic opportunities for local communities.

Looking ahead, Seplat Energy aims to lead the Nigerian oil and gas sector through three core principles: leadership, partnership, and stewardship. Ezugworie noted that the company’s success in offshore asset management and gas projects reflects these values, showcasing the potential of locally driven energy initiatives to strengthen Nigeria’s position as Africa’s economic powerhouse.

source: Arise