Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) has announced the commencement of commercial oil production from the Ibom Field (PPL 236), achieving “first oil” and recording a significant milestone for Nigeria’s upstream petroleum industry.
The company confirmed the development in a statement on Friday, describing the feat as the result of sustained investment, technical expertise and strong collaboration with industry regulators and partners.
Located about 30 kilometres offshore, the Ibom Field—initially discovered in 1979—holds an estimated 103 million barrels of oil in place.
Emadeb E&P acquired the asset during the 2020 Marginal Field Bid Round and has since invested more than $100 million in a phased development programme.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved the field’s development plan in November 2024.
According to the company, key milestones leading to first oil included the successful drilling and completion of the Ibom-03 well in September 2023, integration of a Mobile Producing Offshore Unit (MOPU) in June 2025, and commissioning of the field’s mooring system three months later. Production officially began in October 2025.
Emadeb E&P’s Chief Executive Officer, Adebowale Olujimi, described the achievement as proof of the growing competence of indigenous operators in Nigeria’s oil and gas sector.
“This milestone reflects our deep commitment to unlocking Nigeria’s hydrocarbon potential through homegrown expertise, strong partnerships, and disciplined investment,” Olujimi said.
“We are proud to contribute to Nigeria’s energy goals, foster local content, create jobs, and deliver sustainable value.”
The company emphasised that the accomplishment aligns with the Federal Government’s broader agenda to boost crude oil output and strengthen energy security.
It also highlights the success of the marginal field development strategy in expanding industry participation.
Looking ahead, Emadeb E&P disclosed plans for a Phase 2 development that will see two additional wells drilled to triple current production volumes by the fourth quarter of 2026.
The firm said it remains committed to operational excellence, environmental responsibility, and continued engagement with host communities.
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