Top Oil Producing States In Nigeria

In this article, RNN will be discussing the top 10 oil-producing states in Nigeria and their contributions. Out of these 10 oil-producing states, Akwa Ibom, Delta, Rivers and Bayelsa take more than 80 per cent of the crude oil produced.

Nigeria is a major oil-producing country in the world, Nigeria has a total of 10 top oil-producing states, and these are the states that contribute the most to Nigeria’s oil production.

10. Lagos State (40,000 Barrels per day)

Lagos State, the former capital of Nigeria and home to the country’s busiest seaport, is also one of the top oil-producing states in Nigeria, with an estimated production rate of 40,000 barrels per day. The state has traditionally been a major contributor to the Nigerian economy and has seen increased investment in infrastructure and public services over the past several years.

Situated in southwestern Nigeria, on the coast of the Atlantic Ocean, Lagos State is one of the most populous regions in Africa. It is home to many oil refineries, such as Chevron and Total, as well as other major industrial companies, like Mobil and Conoil. The area is known for its abundance of oil reserves, with some estimates putting its stockpile at two billion barrels of crude. Lagos State is one of Nigeria’s Highest Oil Producer with 2.64%

9. Kogi State (55,000 Barrels per day)

Kogi State has some significant resources like limestone, coal, and clay, which are found in abundance. It’s also home to many crude oil fields and wells, including Aje Field, Kashimbila Field, and Obele Field.

Kogi state is a rising star in the oil-producing states in Nigeria. The state is located in the middle-belt region of Nigeria and covers a total land area of about 28,794 square kilometres.

In the past few years, there has been an increase in exploration activities by multinational companies due to its vast reserves of oil and gas. This has resulted in an increase in production activities as well as job creation for locals. Kogi State is now one of the leading oil-producing states and is making a strong case to become one of the most important producers of crude oil in Nigeria with 2.74%

8. Abia state (11,000 Barrels per day)

Abia state is blessed with 24 oilfields spread across five local government areas that have enabled it to take advantage of the industry. With 3.2 billion barrels of reserves, Abia State has seen rapid growth in its economic development as a result of its unprecedented success within the oil industry.

Abia State is fast becoming one of the leading oil-producing states in Nigeria, with an average production rate of 11,000 barrels a day. This has seen Abia become one of the most important contributors to Nigeria’s oil industry, cementing its place as a major player in this space.

The abundance of oil in Abia State also makes it an attractive option for savvy investors looking for lucrative opportunities. What’s more, the state’s strategic location makes it ripe for further investment, giving it a competitive edge in the region. Abia State is definitely making its mark as a major player in Nigeria’s oil industry as they take 0.68%

7. Imo State (17,000 Barrels per day)

Imo state is another top oil-producing state in Nigeria, showing a steady climb in production since the 1990s. In recent years, Imo State has opened up deepwater exploration opportunities, which have proven to be highly successful. For example, the $2 billion OML130 Orashi Field was discovered in 2020 and has been estimated to contain approximately 500 million barrels of oil equivalent.

In terms of production capacity, it has been estimated that Imo State can produce as much as 17,000 barrels per day. This is an impressive figure considering that many believe this number could potentially double over the next few years. As such, it looks like Imo State will continue to play an important role in Nigeria’s overall oil production in the future. The state takes 1.06 %

6. Edo State (33,000 Barrels per day)

Edo State is a unique source of light crude oil production in Nigeria. It is the sixth-largest oil-producing state in the country, generating a total of 33,000 barrels per day in 2021, according to the Nigerian National Petroleum Corporation.

Edo State produces light crude oil and has several large-scale field operations, including Chevron’s OMLs 52, 53, 55, and 56. It also has a significant amount of offshore production in the shallow waters off the coast of Benin City. The total crude reserves are estimated to be around four billion barrels, while its production potential stands at over 500 thousand barrels per day. The state has a 2.06% percentage.

In recent years, Edo State has become an essential source of light crude output for the country and has been able to maintain a consistent production level over the years. It is also known for its oil refinery located in Benin City, which produces high-quality refined products for domestic and international use.

5. Ondo state (60,000 Barrels per day)

Ondo State is both an exploration and development hotspot. Since 1981, the state has produced over 1.37 billion barrels of oil and 38 billion cubic meters of gas. Over the last few years, Ondo has become increasingly attractive to oil majors due to the expanding exploration activities; the number of rigs in Ondo more than doubled between 2018 and 2020.

One of the most notable successes for Ondo is the recent discovery of a significant new oil field by Shell in 2019, the Owo-1-/OWP-2 exploration wells located onshore and offshore, respectively. The Owo field is estimated to contain over 650 million barrels of oil equivalent, making it one of Nigeria’s largest discoveries in decades. Ondo State has a 3.74% percentage.

4. Bayelsa state (290,000 Barrels per day)

The fourth top oil-producing state in Nigeria is Bayelsa State. Once ridiculed for its low oil production volume, Bayelsa State has emerged as a significant contributor to Nigeria’s oil production. Despite having just 2.2 per cent of the country’s landmass, Bayelsa is estimated to produce about 20 per cent of Nigeria’s total crude oil output.

Most of the produce comes from the Nembe Creek and Oloibiri fields offshore which have increased production by over 300%. Additionally, the state has seen huge investments into floating production, storage, and offloading (FPSO) vessels in recent years, with four now in operation offshore. FPSOs are valuable assets to energy companies as these vessels enable them to extract and store large volumes of crude oil and gas safely before being shipped to shore for processing.

Bayelsa State has become a key player in crude oil production in Nigeria in 2023, producing nearly a quarter of the total output despite having just 2.2 per cent of the country’s landmass. Bayelsa State takes 18.07%

3. Rivers State (344,000 Barrels per day)

The state is home to several oil companies such as Shell, Chevron, ExxonMobil, and Agip. The majority of its oil production comes from onshore fields; however, there are some offshore fields as well.

In addition to its oil production, Rivers State plays an important role in the Nigerian economy due to its abundant natural resources. It’s known for its rich agricultural produce, such as palm oil, rubber, and timber. It also has a thriving tourism sector with attractions such as Port Harcourt Zoo and Bonny Island Resort.

Rivers State is making great strides in developing the infrastructure needed to support the local economy and attract foreign investments. By continuing to invest in research, development, and infrastructure projects, Rivers State is likely to remain one of Nigeria’s top oil-producing states over the decades ahead. Rivers State is a major Player in the Oil and Gas Industry with 21.43%

2. Delta State (346,000 Barrels per day)

Delta State is located in the Southern region of Nigeria; the state has a total production capacity of 346,000 barrels per day and is home to some of the country’s largest oil and gas companies, such as Chevron, Shell, and Total.

Economically, Delta State is based around the production of crude oil and natural gas as one of the main oil-producing states in the country. Key minor industries involve agriculture as the state has substantial oil palm, yam, and cassava crops along with fishing and heliciculture. In large part due to its vast oil revenues, Delta has the fourth highest Human Development Index in the country.

Oil and Gas reserves are vast in Delta State. The state has an estimated 2.5 billion barrels of crude oil reserves, making it one of the most important states for Nigeria’s oil sector. Delta State also has large reserves of natural gas, which are used in the production of electricity and thermal energy. Delta State takes 21.56% percentage.

1. Akwa Ibom State (504,000 Barrels per day)

Economically, Akwa Ibom State is based around the production of crude oil and natural gas as the highest oil-producing state in the country, with Ibeno, Mbo and Eastern Obolo as oil-producing LGAs. 

The Akwa Ibom State has been a leading producer of crude oil in Nigeria for many years. The state currently accounts for about 31% of Nigeria’s total crude oil production. The Akwa Ibom government has made oil production and exploration a key priority and has developed a robust infrastructure to support the oil and gas industry.

The Akwa Ibom State government is committed to developing the oil and gas industry in the state and has created a favourable environment for investors. The state offers attractive incentives, including tax breaks and concessional rates for utilities. There is also a skilled workforce available in the state, thanks to the world-class training facilities at the Petroleum Institute of Nigeria (PIN).

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