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Nigeria Boosts Gas Supply With OML 17 Output Surge
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Why This Matters
Nigeria's natural gas production has surged at OML 17, doubling output and boosting domestic supply to ease electricity shortages, thanks to a successful 'rigless well intervention' by Heirs Energies and NNPC.
Market Impact
Market impact analysis based on bullish sentiment with 87% confidence.
Sentiment
Bullish
AI Confidence
87%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The Nigerian National Petroleum Company (NNPC) and its partner, Heirs Energies, have successfully doubled natural gas production at a key oil block, OML 17, as part of a broader strategy to boost domestic supply and ease the country's electricity shortages. The increase comes from the OML 17 oil and gas field, operated by Heirs Energies in a joint venture with the NNPC. A "rigless well intervention" unlocked an additional 135 million standard cubic feet of gas per day (MMscf/d), enough to feed multiple power plants, directly contributing to an…
Original article published by
OilPrice.com
on November 28, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.