NIGERIAN NATIONAL PETROLEUM CORPORATION

Transcription

1 NIGERIAN NATIONAL PETROLEUM CORPORATION MONTHLY PETROLEUM INFORMATION For further enquires and comments, please contact us at: Website: JANUARY 2007 CORPORATE PLANNING & DEVELOPMENT DIVISION (CPDD)

2 TABLE OF CONTENTS Table No. Page No. Summary Exploration/Drilling Activities by Companies Summary of Crude Oil Production Compiled From Companies Monthly Report Crude Oil, Gas and Water Production Crude Oil Production by Company by Crude Stream Monthly Crude Oil Exports Nigeria Crude Oil Exports by Destination Federation Accounts Crude Oil Export Receipts Summary of Gas Production and Utilization Compiled From Companies Monthly Report Gas Production and Utilization by Field Nigerian Gas Company Gas Sales Joint Venture Gas Sales Statistics Refinery Production Returns Crude Oil Balance Refinery Production Returns Crude Oil Received Refinery Production Returns Crude Oil Processed Refinery Production Returns Finished Products Refinery Fuel and Loss Statistics Domestic Consumption of Petroleum Products by States Petroleum Products Distribution by Marketing Companies Distribution of Petroleum by Zones Glossary of Terms 2

3 SUMMARY OF OIL AND GAS INDUSTRY ACTIVITIES FOR THE MONTH OF JANUARY, EXPLORATORY/DRILLING ACTIVITIES: In January, 2007, a total number of twenty five (25) wells were explored and drilled by eight (8) Oil Producing Companies namely: Shell, Mobil, Chevron, NAOC, Elf, Pan Ocean, Addax and NPDC. Out of these, fourteen (14) were Development wells, four (4) were Appraisal wells, six (6) Exploratory wells and one (1) Work-over well. Of the development wells, two (2) were completed, eleven (11) were in drilling progress and one (1) was suspended. Of the four appraisal wells, two (2) were in drilling progress and two (2) were abandoned. Four of the six exploratory wells were in drilling progress, one (1) was completed and the remaining one (1) was suspended. The only work over well during the month was in drilling progress. (See table1). 2.0 CRUDE OIL AND CONDENSATE 2.1 Production: Total Crude Oil and Condensate produced in January 2007 was 71,957,080 barrels, averaging million barrels per day (mbd). This showed a decrease of 1,203,338 barrels or 1.64% over December, 2006 production figure of 73,160,418 barrels. Bonny Light had the highest production figure of 13,125,505 barrels averaging 423,403 barrels per day (b/d). Qua-Iboe Light followed with 12, barrels averaging 409,272 b/d. Production of Escravos Light, ERHA and Bonga was 9,101,517 barrels (293,597 b/d); 6,940,706 barrels (223,894 b/d) and 6,193,250 barrels (199,782 b/d) respectively. The total Alternative Funding crude oil production during the month was 8,665,197 barrels or12.04 % of the total production. The table below shows production of crude oil by stream with corresponding average daily production and percentages in descending order. CRUDE OIL PRODUCTION STREAM BY STREAM Crude Stream Quantity (barrels) Avg. Daily Prod. (B/D) Percentage Share (%) Bonny Light 13,125, , Qua Iboe Light 12,687, , Esravos Light 9,101, , ERHA 6,940, , Bonga 6,193, , YOHO (AF) 4,335, , Brass Blend 4,052, , Amenam (AF) 3,661, , Amenam Blend 2,192,173 70, Oso Condensate 1,952,880 62, Okono 1,886,617 60, Antan Blend 1,531,887 49, OKWB 1,268,766 40, Pennington Light 1,186,384 38, Esravos Light (AF) 668,529 21, ABO 622,277 20, Forcados Blend 377,484 12, Ukpokiti 124,798 4, IMA 28, OBE 18, EA Crude (AF) TOTAL 71,957,080 2,321,

4 2.2 Lifting (Domestic and Export): In January 2007, a total of 73,078,383 barrels of crude oil and condensates were lifted for both export and domestic purposes by NNPC and Oil Producing Companies. The Oil Producing Companies lifted 45,131,933 barrels or 61.76%, while NNPC lifted 27,946,450 barrels or 38.24%. Out of the 45,131,933 barrels lifted for export by the Oil Producing Companies; JVC exported 29,283,060 barrels, PSC/SC companies exported 13,529,478 barrels, while Independent and Sole Risk Company exported 2,319,395 barrels. NNPC lifting was made up of 17,123,651 barrels, exported on behalf of Federal Government for Federation Account and 10,822,799 barrels for domestic use distributed as follows: 2,685,066 barrels supplied to the local refineries; and 8,137,733 barrels exported on behalf of PPMC. 2.3 Alternative Funding Joint Venture Crude Oil Lifting: In January 2007, 8,455,390 barrels of AF crude oil were lifted by both NNPC and three (3) Joint Venture Companies, namely: Mobil, Elf & Chevron. Of this, NNPC lifted 1,380,554 barrels (34.86%), while the three (3) companies lifted 7,074,836 barrels (65.14%). The total lifting of 7,074,839 barrels was part of total JVC export of 29,283,060 barrels, while the 1,380,554 barrels lifted by NNPC, was part of 17,122,651 barrels lifted for export into Federation Accounts. (See table 4 & table below for details) \ Alternative Funding Crude Lifting: CRUDE STREAM BENEFICIARY QUANTITY (BBLS) PERCENTAGE SHARE (%) EA Shell 0 0 NNPC 0 0 Sub-Total YOHO/QIL Mobil 4,123, NNPC 904, AMENAM Sub-Total 5,027, Elf 2,861, NNPC 475, Sub-Total 3,337, ESCRAVOS Chevron 90, NNPC Sub-Total 90, Total Companies 7,074, Total NNPC 1,380, Grand Total 8,455, Crude Oil Export By Destination: In January, 2007, a total of 70,552,458 barrels of crude oil and Oso Condensates were exported by NNPC and Oil Producing Companies to five (5) major regions of the world as follows: North America 40,406,147 barrels or 57.27%; Europe 10,675,238 barrels or 15.13%; Asia and Far East 6,415,415 barrels or 9.09%; Africa 5,430,094 barrels or 7.70%. The balance of 7,625,564 barrels or 10.81% was exported to some countries in South America (See Table 5 and Figure 2), 2.5 Federation Account Crude Oil Export Receipts: A total of 17,123,651 barrels of Crude Oil and Oso Condensates was exported with a value of US$934,577, by NNPC for Federation Account during the month under review. The export sales indicate an average price of US$ per barrel (See Table 6a and Figure 3a). 4

5 3.0 NATURAL GAS 3.1 Natural Gas Production and Utilization: In January, 2007, nine (9) Oil Producing Companies produced billion Standard Cubic Feet (Bscf) of natural gas. Compared with the December, 2006, figure of Billion Standard Cubic Feet (Bscf), there was a decrease of 7.51Bscf or 3.72%. Out of the quantity produced, Bscf or % was flared, while Bscf or 64.70% was utilized. Of the total quantity utilized, Bscf was re-injected, Bscf was for NLNG as LNG feedstock and Bscf was sold to third parties. The Oil Producing Companies used Bscf as fuel gas and Bscf as gas lift to enhance condensate production. EPCL took Bscf and Bscf for LPG/NGL feedstock and fuel gas respectively. (See Table 7). 3.2 Federal Government Receipts from Gas Export: The sum of US$ million was earned from export sales of 69,647 metric tons of NGL/LPG by NNPC on behalf of the Federal Government. Similarly the sum of US$ million was earned from export sales of million BTU of LNG Feedstock in January The sale represents Federal Government Equity Shares in Mobil & Chevron for NGL/LPG and Shell, Elf and Agip Joint Ventureship for LNG. (See table 6b). 3.3 Nigeria Gas Company (NGC) Gas Sales and Transmission: A total of Billion Standard Cubic Feet (BSCF) of natural gas was sold to some companies locally by NGC in January 2007 for N 1, million. However, actual revenue received by NGC within the month was N 1, million which includes part payment of previous months outstanding debts. The Company also transmitted Billion Standard Cubic Feet of natural gas for N million. The revenue received during the month from gas transmission was N million (See Table 8a & 8b). 3.4 Joint Venture Domestic Gas Sales: Shell Petroleum Development Company (SPDC) sold about 15, Billion Standard Cubic Feet (Bscf) of natural gas for N 346,072, on behalf of Joint Venture. (NNPC 55%, Shell 30%, Elf 10% and Agip 5%). (See Table 9a). 3.5 Joint Venture Export Gas Sales: Shell sold a total of Billion Standard Cubic Feet (Bscf) of natural gas as feedstock to NLNG at a total sum of US$ million in January, 2007 (See Table 9b). 5

6 4.0 REFINERY OPERATIONS 4.1 Crude Oil Balance: In January 2007, the three local refineries (KRPC, WRPC and PHRC) had 296,263 mt of crude oil as opening stock and received 364,749 mt of crude oil into their systems. Total available crude oil meant for processing, therefore, stood at 661,012 mt. Out of this, 379,590 mt of crude oil was processed into petroleum products. Closing stock at the end of the month was 281,422 mt of crude oil. Average throughput for each refinery in metric tons per day was: KRPC 0.00, WRPC and PHRC 12,245; (see Table 10); thus leaving their respective capacity utilization for the month as 0.00%, 0.00% and 43.18%. (See figure 5). The zero capacity utilization for KRPC and WRPC was as a result of vandalized crude oil pipeline at Escravos. 4.2 Production Returns: The refineries KRPC, WRPC and PHRC produced 369,701mt of intermediate and finished products while 390,106 mt was evacuated by PPMC (See Table 13) 4.3 Refinery Fuel and Loss: The refineries recorded 17,601 mt of products as refinery fuel and loss, which was 4.64% of the total crude processed. Of this refinery fuel and loss statistics, 13,189mt (3.47%) was used as fuel, while 410mt (0.11%) was flared and a loss of 4100mt (1.06%) was recorded (See Table 14). 5.0 DOMESTIC PETROLEUM PRODUCTS DISTRIBUTION: The Major and Independent Petroleum Products Marketing Companies distributed a total of million litres of different petroleum products in January This showed an increase of million litres or 6.44% when compared with the total volume distributed in December, 2006 ( million litres). The Major Petroleum Products Marketing Companies sold million litres (71.54% of the total sales) of petroleum products, while the Independent Petroleum Products Marketing Companies sold the remaining million litres (28.46% of the total sales). In the petroleum products distribution slate, Premium Motor Spirit (PMS) had the highest figure of million litres (71.63% of the total) reflecting average daily sales of million litres. Automotive Gas Oil (AGO) was second with total sales figure of million litres (13.12%) averaging 3.63 million litres per day while Dual Purpose Kerosine (DPK) came third with total of million litres (7.40%) giving an average daily sales of 2.04 million litres. (Tables 15, 16 and 17 refer). 6

7 Table 1 Exploration/Drilling Activities by Company - January, 2007 NIGERIA COORDINATES (METRES) DEPTH REACHED MONTHLY PROGRESS (METRES) (METRES) COMPANY WELL NAME WELL TYPE LEASE NO. EAST NORTH DATE SPUDDED WELL STATUS SHELL Eriemu 21 Development N/A N/A N/A N/A 1, , Drilling Awoba 3 Work-over N/A N/A N/A N/A Drilling IGODO 1 Exploratory N/A N/A N/A N/A 3, , Drilling MOBIL ETIM 35C Development OML , , /11/06 2, , Drilling OSO 26C Development N/A N/A N/A N/A 3, , Suspended Nkande 01 Exploratory OML , , /11/2006 3, , Drilling UBIT 136F Development OML , , /10/06 3, , Completed INIM 28B Development OML 67 23, , /12/06 2, , Drilling CHEVRON KAKA DEEP (2) Exploratory OML 90 N/A N/A N/A 1, , Drilling MADU 4ST1 Appraisal OML 85 N/A N/A N/A Drilling RUTA-5 Appraisal OML 90 N/A N/A N/A Drilling NAOC Deutag T-26 Exploratory N/A N/A N/A N/A 1, , Drilling Source: Oil Producing compan 7

8 Table 1 contd. Exploration/Drilling Activities by Company - January, 2007 NIGERIA COORDINATES (METRES) DEPTH REACHED MONTHLY PROGRESS (METRES) (METRES) COMPANY WELL NAME WELL TYPE LEASE NO. EAST NORTH DATE SPUDDED WELL STATUS ELF SIFON 1 Exploratory OML 102 N/A N/A N/A 2, , Suspended AMKP3-32 Development OML 99 N/A N/A N/A 4, , Completed AMKP3-33 Development OML 99 N/A N/A N/A 3, , Drilling OFON - 40 Development OML 102 N/A N/A N/A 1, , Drilling IBEWA 14 Development OML 58 N/A N/A N/A 3, , Drilling PAN OCEAN OSSIOMO - 6 Exploratory N/A N/A N/A 3/5/2006 1, , Completed OGHAREFE - 20 Development N/A N/A N/A 1/8/2006 1, , Drilling ADDAX AD - 17H Development OML , , /08/2006 2, , Drilling AD - 17P1 Appraisal OML , , /08/2006 2, , Abandoned AD - 17P2 Appraisal OML , , /08/2006 2, , Abandoned ND - 3H Development OPL 90/ , , /5/2006 2, Drilling ND - 4H Development OPL 90/ , , /4/2006 3, Drilling NPDC OREDO/OZIENGBE Development OML 111 N/A N/A N/A N/A N/A Drilling Source: Oil Producing companies 8

9 Summary Of Crude Oil Production By Field Compiled From Major Producing Companies' Monthly Report - January, 2007 Table 2 CRUDE OIL PRODUCTION DAILY AVERAGE % OF TOTAL (BARREL) PRODUCTION COMPANY NUMBER OF WELLS bbls m3 JOINT VENTURE COMPANIES: SHELL ,945,794 1,899, , MOBIL N/A 18,975,908 3,016, , CHEVRON ,130,613 1,769, , ELF 120 6,141, , , NAOC 183 3,385, , , TEXACO ,312 73,343 14, PAN-OCEAN Sub - Total 1,457 52,040,119 8,273,702 1,678, PROD. SHARING COMPANIES: ADDAX 83 2,943, ,905 94, Sub - Total 83 2,943, ,905 94, INDEPENDENTS/SOLE RISK NPDC 10 1,744, ,301 56, Sub - Total 10 1,744, ,301 56, GRAND- TOTAL 1,550 56,727,338 9,018,909 1,829, NOTE: This does not include information from other nine (9) indigenious and production sharing companies. Also, the figures are primary data (not fiscalised) and therefore might not completely tally with figures in Table 3. No production from Pan Ocean due to Shell's pipeline rupture since 18/02/2006. Source: Oil Producing Companies. 9

10 Crude oil, Gas and Water Production - January, 2007 Table 2a Company: Shell NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL GRAVITY RATIO bbls m3 mscf m3 bbls m3 ABIGBORODO ABURA AFIESERE AFREMO AGBAYA AJATITON AJUJU AKONO AMUKPE BATAN BENISEDE EGWA ERIEMU ESCRAVOS BEACH EVWRENI FORCADOS YOKRI 46 2, ,430 2,702, , ISOKO JONES CREEK KANBO KOKORI OBEN 10 31,770 5,051 2,973,980 84,213,746 35,035 5, , ODIDI OGBOTOBO OGINI OLOMORO/OLEH OPUKUSHI NORTH OPOMOYO OPUAMA OPUKUSHI ORONI OSIOKA OTUMARA OVHOR No report of water production and gas disposal. Source: Shell BP 10

11 Crude oil, Gas and Water Production - January, 2007 Company: Shell Table 2a contd. NAME OF FIELD NUMBER OF QTY OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO OWEH SAGHARA SAPELE 9 68,223 10, ,232 15,241,035 10,074 1, , SEIBOU TUNU UBEFAN UGHELLI EAST 8 150,390 23,910 2,384,118 67,510,712 1, , UGHELLI WEST UTOROGO ,499 19,794 7,789, ,559,945 14,149 2, , UZERE EAST UZERE WEST WARRI RIVER ADIBAWA 9 136,587 21, ,267 3,377, ,768 19, ADIBAWA N/EAST 2 94,534 15,030 82,547 2,337,483 86,354 13, AFAM AGBADA 1 788, , ,885 19,648, ,820 58, AHIA 5 170,822 27, ,194 7,113, ,877 26, AKASO 7 305,056 48, ,972 13,109, ,781 17, ALAKIRI 8 137,456 21,854 1,308,334 37,047,909 80,798 12, , APARA ASARITORU ASSA AWOBA N/WEST 1 68,656 10,915 29, ,934 39,260 6, AWOBA 7 872, , ,602 22,982, ,689 25, BELEMA ,262 91, ,335 13,771,470 69,319 11, BELEMA NORTH 1 5, , , BISENI BONNY ,192 20,699 13,335, ,620,939 31,051 4, , BONNY NORTH 1 183,269 29,137 81,101 2,296,527 47,651 7, BUGUMA CREEK CAWTHORNE CHANNEL 23 1,172, ,425 1,734,386 49,112, ,079 66, DIEBU CREEK 9 220,380 35, ,549 11,455,556 52,804 8, EGBEMA 3 93,515 14, ,334 3,605,698 30,976 4, EGBEMA WEST 4 129,845 20, ,125 6,827,900 74,172 11, EKULAMA ,882 57, ,753 6,987, ,529 61, No report of water production and gas disposal. Source: Shell BP 11

12 Crude oil, Gas and Water Production - January, 2007 Company: Shell Table 2a contd. NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL GRAVITY RATIO bbls m3 mscf m3 bbls m3 ELELENWA 2 225,313 35, ,789 7,582,941 76,270 12, ENWHE ETELEBOU 7 194,668 30, ,425 10,659, ,866 25, GBARAN 5 342,630 54, ,601 26,521, ,956 19, IMO RIVER , , ,335 12,270,682 1,801, , ISIMIRI 4 92,079 14, ,893 5,263,893 90,762 14, ISU KALAEKULE KOLO CREEK 7 114,972 18, ,845 9,255,208 32,773 5, KRAKAMA 5 111,360 17, ,456 2,901, ,233 15, MINI NTA 6 244,006 38, ,575 8,143, ,410 19, NEMBE CREEK EAST NEMBE CREEK 7 1,711, ,177 1,320,311 37,387,049 1,820, , NKALI 4 55,569 8, ,497 6,555,266 43,756 6, NUN RIVER 8 271,813 43, ,665 5,087, ,632 32, OBEAKPU OBELE OBIGBO NORTH ,490 92,767 1,296,473 36,712, ,402 61, ODEAMA CREEK 4 174,947 27, ,677 6,447, ,977 50, OGUTA ,154 27,529 1,238,047 35,057, ,754 19, , ORUBIRI 1 44,481 7,072 12, ,901 8,115 1, OTAMINI 2 124,939 19,864 80,562 2,281,262 90,123 14, RUMUEKPE 1 10,447 1,661 10, ,716 2, SANTA BARBARA 5 16,622 2,643 13, ,146 13,082 2, SANTA BARBARA SOUTH , SOKU , ,126 24,015, ,031, ,207 16, , UBIE 3 44,236 7,033 40,022 1,133,297 53,950 8, UGADA 1 75,676 12, ,532 3,979,411 43,229 6, UMUECHEM 4 72,261 11,489 46,595 1,319,424 52,125 8, EA EJA TOTAL ,945,794 1,899,226 65,971,510 1,868,105,348 8,070,393 1,283, NOTE: Total Oil Produced includes Condensate production. No report of water production and gas disposal. Source: Shell BP 12

13 Crude oil, Gas and Water Production - January, 2007 Company: Mobil Table 2b NAME OF FIELD QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL bbls m3 mscf m3 bbls m3 GRAVITY RATIO ADUA 234,501 37, ,598 8,398, ,683 64, ASABO 371,739 59,102 1,120,875 31,739,663 33,288 5, ASABO "D" ASASA 974, ,872 2,606,909 73,819,454 3, EDOP 1,281, ,780 5,928, ,876, ,122 29, EKPE 229,295 36, ,759 3,589, ,315 26, EKPE WW 113,133 17,987 57,007 1,614, ,037 24, EKU 65,888 10,475 74,255 2,102,676 28,531 4, ENANG 548,141 87,147 1,066,358 30,195, ,871 41, ETIM/ETIMC 1,824, ,113 2,511,901 71,129, ,947 21, IDOHO 306,120 48, ,737 18,908, ,019 28, IDOHO-NORTH 94,769 15, ,126 3,005, ,078 23, INANGA 13,101 2,083 15, ,586 44,677 7, INIM 519,487 82, ,393 15,330,531 47,734 7, ISOBO IYAK 82,554 13,125 39,581 1,120,819 91,358 14, IYAK SE 52,862 8,404 35,804 1,013, MFEM 462,919 73, ,140 12,378,426 50,890 8, OSO 1,952, ,484 16,702, ,959,948 50,666 8, , UBIT 2,272, ,273 3,782, ,100, ,721 83, UNAM 878, , ,984 18,207,290 91,386 14, USARI 2,307, ,917 4,040, ,416,000 1,804, , UTUE 53,760 8, ,698 6,277, ,680 23, YOHO 3,653, ,889 3,660, ,642, ,630 75, AWAWA 681, , ,317 18,103,449 16,061 2, TOTAL 18,975,908 3,016,923 45,321,788 1,283,370,276 5,055, , Source: Mobil Producing 13

14 Crude oil, Gas and Water Production - January, 2007 Table 2c Company: Chevron NAME OF FIELD NUMBER OF QTY.OF OIL PRODUCED QTY. OF GAS PRODUCED QTY OF WATER PRODUCED API GAS/OIL WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO ABITEYE ,450 19, ,527 5,366, ,723 20, UTONANA 5 233,269 37, ,928 5,321,529 28,769 4, MAKARABA ,561 37, ,693 20,237, ,787 51, OPUEKEBA 4 113,950 18, ,824 5,998, YORLA SOUTH DIBI 7 382,808 60, ,434 4,627,936 7,128 1, JISIKE 5 137,413 21, ,900 3,055,388 18,814 2, ROBERKIRI ,961 62, ,062 22,315, ,372 44, IDAMA 4 227,841 36, ,021 8,099,214 31,654 5, ABIGBORODO BALEMA UNIT 1 52,028 8, JOKKA 1 2, , ,084 1, BENIN RIVER 7 524,029 83, ,493 7,348,024 31,188 4, GBOKODA 3 173,081 27,518 54,618 1,546, OJUMOLE OMURO DELTA SOUTH , ,543 1,329,814 37,656, ,226 64,267 37, DELTA , ,963 1,489,591 42,180, ,945 57, ISAN 3 54,634 8,686 53,456 1,513,706 50,234 7, WEST ISAN 3 17,092 2, ,996 5,408,405 57,387 9, EWAN ,109 71, ,101 12,122, ,356 25, OKAN 59 1,524, ,366 5,122, ,065, ,860 83, MEFA ,001 72,339 1,095,433 31,019, ,326 26, MEJI 35 1,271, ,217 1,566,032 44,345, , , MEREN 58 1,909, ,522 2,522,755 71,436,475 1,285, , OKAGBA 1 11,459 1,822 51,939 1,470, TAPA 4 50,257 7, ,642 13,242,148 30,121 4, PARABE/EKO ,965 35, ,904 18,969, ,810 36, MALU ,473 40, ,185 16,995, ,542 21, MINA INDA 6 590,727 93, ,030 16,792,742 29,569 4, MEJO 3 232,382 36, ,650 3,076,626 24,866 3, KITO 1 38,663 6,147 28, ,885 8,343 1, OPOLO 5 152,942 24, ,485 9,245, ,064 26, TOTAL ,130,613 1,769,623 19,612, ,362,238 5,435, , Source: Chevrontexaco 14

15 Crude oil, Gas and Water Production - January, 2007 Table 2d Company: Elf NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO AGHIGHO NA - OBODO NA - OKPOKO NA - UPOMAMI NA - OBAGI ,475 27, ,129 11,018, ,146 35, EREMA IBEWA OIL 1 1, , ,900 1, , OLO IBEWA CONDENSATES 7 91,903 14,611 1,645,583 46,597, , OBAGI DEEP 1 18,792 2, ,162 9,065, , OBAGI GAS-CAP ,194 13,682, AFIA 7 166,787 26,517 37,307 1,056, ,238 50, EDIKAN 8 362,377 57, ,488 6,243, ,569 25, IME 5 113,655 18,070 29, , ,201 26, ODUDU 4 37,254 5, ,197 7,594, ,531 18, , OFON 20 1,512, ,404 1,702,235 48,201,960 47,084 7, AMENAMKPONO 21 3,662, ,342 17,816, ,517, ,528 22, TOTAL 120 6,141, ,382 22,935, ,454,290 1,174, , Source: Elfina 15

16 Crude oil, Gas and Water Production - January, 2007 Table 2e Company: NAOC NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO AFUO AGWE 2 7,199 1, ,392 9,525, , AKRI 9 153,201 24,357 1,412,897 40,008, ,392 56, , AKRI WEST ASHAKA AZUZUAMA BENIBOYE , , , BENIKU 2 115,264 18, ,872 4,668,656 13,427 2, CLOUGH CREEK , , , EBEGORO 6 112,644 17, ,507 20,685,657 3, , EBEGORO SOUTH EBOCHA ,802 23,181 2,183,665 61,834, ,318 22, , IDU ,630 82,137 1,924,251 54,488, ,698 41, IRRI 5 89,160 14,175 4,094, ,929,807 7,943 1, , KWALE ,955 16,369 4,220, ,514,239 92,999 14, , KWALE EAST MBEDE ,333 26,922 4,142, ,302, ,526 49, , NIMBE SOUTH 3 310,083 49,299 81,832 2,317,224 29,030 4, OBAMA ,540 21, ,114 24,808, ,411 41, , OBIAFU ,971 72,652 9,792, ,283, ,485 19, , OBRIKOM ,076 21,634 1,908,331 54,037, ,238 28, , ODUGRI OGBAINBIRI , , , OGBOGENE 1 41,312 6,568 12, , OGBOGENE WEST OKPAI 7 114,992 18,282 1,129,589 31,986,402 9,493 1, , OMOKU WEST OSHI ,235 55,047 3,598, ,886, ,252 37, , OSIAMA CREEK PIRIGBENE 1 31,391 4, ,132 9,461, , PRIGBENE S. E SAMABIRI EAST 7 321,072 51, ,838 10,161,162 11,315 1, TAYLOR CREEK 1 24,779 3, ,070 16,765, , TEBIDABA , , , UMUORU 3 54,470 8,660 62,933 1,782,064 42,053 6, TOTAL 183 3,385, ,207 37,993,051 1,075,843,526 2,083, ,279 1, Source: NAOC 16

17 Crude oil, Gas and Water Production - January, 2007 Table 2f Company: Texaco NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL GRAVITY RATIO bbls m3 mscf m3 bbls m3 PENNINGTON 3 25,329 4,027 26, ,686 36,223 5, MIDDLETON NORTH APOI ,745 29, ,738 5,967, ,461 42, FUNIWA ,238 40, ,257 8,445, ,077 33, OKUBIE SENGANA TOTAL ,312 73, ,929 15,175, ,761 81, Report of activities not yet received at the time of this report. Source: Texaco 17

18 Crude oil, Gas and Water Production - January, 2007 Table 2g Company: Pan Ocean NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL GRAVITY RATIO bbls m3 mscf m3 bbls m3 ASABORO SOUTH OGHAREFE OLOGBO ONA OSSIOMO TOTAL No production during the month due to Shell's pipeline rupture since 18/02/2006. Source: Pan Ocean 18

19 Crude oil, Gas and Water Production - January, 2007 Table 2h Company: Addax NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL GRAVITY RATIO bbls m3 mscf m3 bbls m3 ADANGA 9 245,261 38, ,077 16,709,122 9,171 1, ADANGA SOUTH 9 352,945 56, ,297 18,782,482 11,559 1, ADANGA SOUTH WEST 3 69,793 11, ,782 5,260,761 23,035 3, AKAM 3 10,274 1,633 73,199 2,072,765 41,408 6, , BOGI 1 6,839 1,087 7, ,723 4, EBUGHU 9 94,630 15, ,784 16,955,677 81,099 12, , EBUGHU EAST 4 126,352 20, ,952 10,419,242 91,656 14, EBUGHU NORTH EAST 5 19,980 3, ,156 7,395, ,759 20, , EBUGHU SOUTH 2 70,742 11, ,529 7,405,677 22,654 3, MIMBO 2 11,653 1, ,122 6,488,013 30,102 4, , UKPAM NORTH ORON 5 342,450 54, ,348 8,108,473 9,803 1, ORON WEST 3 180,968 28, ,607 8,427,293 8,974 1, IZOMBE 9 65,215 10, ,953 7,729, ,276 57, OSSU 7 77,174 12, ,073 4,759, , , OKWORI 8 811, ,975 1,095,315 31,015, ,393 24, NDA 4 457,538 72, ,526 7,320, TOTAL 83 2,943, ,905 5,617, ,074,322 1,711, , Source: Addax 19

20 Crude oil, Gas and Water Production - January, 2007 Table 2i Company: NPDC NAME OF FIELD NUMBER OF QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED API GAS/OIL WELL GRAVITY RATIO bbls m3 mscf m3 bbls m3 ABURA OREDO OZIENGBE SOUTH OKONO/OKPOHO 10 1,744, ,301 48, ,361, TOTAL 10 1,744, ,301 48,073 1,361, No Prodcution from (Abura, Oredo, Oziengbe fields) due to ruptured SPDC pipeline since on the 18/02/06. Source: NPDC 20

21 Table 3 Crude Oil Production by Company, Crude Stream - January, 2007 (Barrels) COMPANY CRUDE STREAM Forcados Blend Bonny Light Brass Blend Escravos Light Pennington Light Antan Blend Amenam Blend IMA Qua- Iboe Light Oso UKPOKITI Condensate JOINT VENTURE COMPANIES: SHELL 377,453 11,517, ,195 MOBIL 12,687,433 1,952,880 CHEVRON 0 1,266, ,413 9,057,633 ELF 0 292,591 2,192,173 NAOC/PHILLIPS 31 3,205,542 CHEVRON/TEXACO 461,780 PAN - OCEAN 0 SUB TOTAL 377,484 13,077,075 3,576,150 9,057, , ,192, ,687,433 1,952,880 0 PROD. SHARING COMPANIES ADDAX 142,175 1,531,887 ESSO EXP. & PRO. NIG LTD NAE SNEPCO SUB TOTAL , ,531, SERVICE CONTRACT: AENR 334,623 SUB TOTAL , INDEPENDENTS/SOLE RISK: NPDC/AENR NPDC 0 DUBRI 0 CONSOLIDATED 43,884 EXPRESS PETROLEUM 77,145 AMNI 28,980 CAVENDISH PETROLEUM ATLAS 0 47,653 CONTINENTAL OIL 724,604 MONIPULO 0 NIGER DELTA PET. RES. 48,430 SUB TOTAL 0 48, , , , ,798 GRAND TOTAL 377,484 13,125,505 4,052,948 9,101,517 1,186,384 1,531,887 2,192,173 28,980 12,687,433 1,952, ,798 PERCENTAGE SHARE Source: COMD 21

22 Table 3 contd. Crude Oil Production by Company, Crude Stream - January, 2007 (Barrels) CRUDE STREAM OKONO EA Crude (af) YOHO (af) Qua- Iboe Light (af) Qua- Iboe Light (S-af) Amenam (af) ESC (af) OSO (af) ABO OBE OKWB BONGA ERHA Total PERCENTAGE SHARE COMPANY JOINT VENTURE COMPANIES: SHELL 0 12,128, MOBIL 4,335,596 18,975, CHEVRON 668,529 11,130, ELF 3,661,072 6,145, NAOC/PHILLIPS 3,205, CHEVRON/TEXACO 461, PAN - OCEAN SUB TOTAL 0 0 4,335, ,661, , ,047, PROD. SHARING COMPANIES ADDAX 1,268,766 2,942, ESSO EXP. & PRO. NIG LTD 6,940,706 6,940, NAE 622, , SNEPCO 6,193,250 6,193, SUB TOTAL , ,268,766 6,193,250 6,940,706 16,699, SERVICE CONTRACT: AENR 334, SUB TOTAL , INDEPENDENTS/SOLE RISK: NPDC/AENR 1,886,617 1,886, NPDC DUBRI CONSOLIDATED 43, EXPRESS PETROLEUM 77, AMNI 28, CAVENDISH PETROLEUM 18,278 18, ATLAS 47, CONTINENTAL OIL 724, MONIPULO NIGER DELTA PET. RES. 48, SUB TOTAL 1,886, , ,875, GRAND TOTAL 1,886, ,335, ,661, , ,277 18,278 1,268,766 6,193,250 6,940,706 71,957, PERCENTAGE SHARE Source: COMD Note: (af) means Alternative Funding Joint Venture. 22

23 Table 4 Monthly Crude Oil Liftings (Domestic & Export) - January, 2007 (Barrels) NNPC LIFTINGS COMPANY **DOMESTIC ALLOCATION EXPORT NNPC TOTAL COMPANY LIFTINGS TOTAL LIFTINGS % DISTRIBUTION JVC : SHELL 4,490,054 1,373,634 5,863,688 5,933,252 11,796,940 *EXXONMOBIL 1,811,151 6,381,097 8,192,248 11,097,239 19,289,487 CHEVRON 4,521,594 1,353,841 5,875,435 4,527,450 10,402,885 ELF - 2,264,937 2,264,937 5,760,876 8,025,813 NAOC/ PHILLIPS - 1,332,500 1,332,500 1,964,243 3,296,743 TEXACO Sub - Total 10,822,799 12,706,009 23,528,808 29,283,060 52,811, PSC : ADDAX - 1,710,332 1,710,332 1,635,419 3,345,751 SNEPCO 1,804,192 1,804,192 4,759,128 6,563,320 NAE , ,667 ESSO EXP&PROD NIG LTD - 903, ,118 5,658,426 6,561,544 Sub - Total - 4,417,642 4,417,642 12,718,640 17,136, SERVICE CONTRACT: AENR , ,838 Sub - Total , , INDEPENDENT/SOLE RISK: NPDC , ,454 ATLAS/SOGW TOPCON CAMAC CAVENDISH CONSOLIDATED ,000 38,000 CONTINENTAL , ,030 DUBRI EPGA/CONOCO/EXPRESS AKRI-OGUTA AMNI SHEBAH CHEVRON NPDC/AENR NIG.DELTA PET. RES. LTD ,000 95,000 MONI PULO , ,911 Sub - Total ,319,395 2,319, GRAND-TOTAL 10,822,799 17,123,651 27,946,450 45,131,933 73,078, Source: COMD *Mobil Lifting includes 2,401,658 bbls of Oso Condensate. 2,685,066 bbls were supplied to the Refineries. 23

24 Figure 1: Monthly Crude Oil Liftings Pie Charts: January, 2007 TOTAL LIFTINGS JVCs AND NNPC LIFTINGS PSC/INDEPENDENTS/ SOLE RISK/SERVICE CONTRACT 21.69% NNPC 38.24% JVC LIFTING 51.17% NNPC LIFTING 48.83% JVC 40.07% 24

25 Table 5 Nigeria Crude Oil Exports by Destination - January, REGION/COUNTRY QUANTITY (bbls) % Distribution NORTH AMERICA: U.S.A 40,406,147 SUB-TOTAL: North America 40,406, SOUTH AMERICA: Brazil 5,674,720 Peru 1,950,844 SUB-TOTAL: South America 7,625, EUROPE: Germany 955,536 France 2,826,468 Italy 1,762,769 PORTUGAL 903,449 N,WE 1,899,220 Spain 1,803,500 Scotland 524,296 SUB-TOTAL: Europe 10,675, ASIA & FAR EAST: India 5,514,984 China 900,431 SUB-TOTAL: Asia & Far East 6,415, AFRICA: Ghana 527,058 Ivory Coast 902,694 South Africa 4,000,342 SUB-TOTAL: Africa 5,430, GRAND-TOTAL 70,552, Source: COMD 25

26 Figure 2: Crude Oil Exports by Destination: Janaury, 2007 AFRICA 8% ASIA & FAR EAST 9% EUROPE 15% NORTH AMERICA 57% SOUTH AMERICA 11% 26

27 Table 6a Federation Accounts Crude Oil Export Receipts: January, 2007 Crude type Quantity Proceeds Average Weighted price (bbls) (US Dollars) US Dollar/Barrel Forcados Blend - - Qua-Iboe Light 4,525, ,251, Bonny Light 1,851,810 99,979, Amenam Blend 1,809,978 97,313, Yoho Light 904,620 48,718, Escravos Light 903,841 53,389, Brass Blend 1,759,283 95,376, Antan Blend 1,044,633 51,055, Okwori Blend 665,699 36,000, Oso Condensate 950,689 50,482, Bonga 1,804, ,073, Erha 903,118 47,936, Total 17,123, ,577,

28 Gas Exports: January, Table 6b Producer Quantity Proceeds Average Weighted Price Gas Sales (Metric Tonnes) (US Dollars) (US Dollar/Metric Ton) MOBIL (NGL) 69, ,157, Sub-Total 69, ,157, (BTU) (US Dollars) (US Dollar/BTU) *NLNG Feedstock (Gas Sales) Shell 25,347, ,010, Totalfina 9,440, ,624, NAOC 13,016, ,762, Sub-Total 47,803, ,397, TOTAL 67,554, NOTE: *The shares of Federal Government in the Companies. SOURCE: COMD 28

29 Figure 3a: NIGERIA CRUDE OIL AVERAGE WEIGHTED PRICE: FEBRUARY, JANUARY, US$/BBL FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY Figure 3b: NIGERIAN NGL AND LPG AVERAGE WEIGHTED PRICES: FEBRUARY, JANUARY, 2007, US$ Per Metric Tonnes FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY NGL LPG 29

30 Table 7 Summary of Gas Production and Utilization Compiled From Company's Monthly Report (mscf) - January, 2007 COMPANY GAS PRODUCED GAS USED AS FUEL GAS SOLD TO THIRD PARTIES GAS RE-INJECTED FUEL GAS TO EPCL GAS FOR LPG/NGL AS FEEDSTOCK TO EPCL GAS FOR LNG GAS LIFT GAS FLARED JV: SHELL 65,971, ,218 53,112, ,074,177 10,390,642 MOBIL 45,321,788 1,397,100-16,682,000-5,615, ,800 21,081,290 CHEVRON 19,612,430 1,276, ,021-1,060,015 16,507,124 ELF 22,935, ,144 65,930 5,902, ,839,098-3,680,792 NAOC 34,078,255 2,154,200 18,247, , , ,386 1,224,320 2,643,313 TEXACO 535,929 9, ,102 PAN-OCEAN SUB - TOTAL 188,455,163 6,049,855 71,426,190 23,502, ,421 5,911,021 13,165,484 3,608,312 54,829,263 PRODUCTION SHARING COMPANY ADDAX 5,617, ,198-76, ,547 4,737,097 SUB - TOTAL 5,617, ,198-76, ,547 4,737,097 SOLE RISK/INDEPENDENTS: NPDC 48,073 58, SUB - TOTAL 48,073 58, GRAND-TOTAL 194,120,892 6,223,421 71,426,190 23,579, ,421 5,911,021 13,165,484 4,296,859 59,566,360 NOTE: (i) This does not include other indigenious and production sharing companies. (ii) Pan Ocean had no production due to Shell's pipeline rupture since February, Source: Oil Producing Companies. 30

31 JANUARY Figure 4: Gas Prodced Vs Gas Flared: February, 2006 to Janauary, 2007 APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER GAS PRODUCED GAS FLARED 31 MARCH FEBRUARY mscf

32 Table 7a Gas Production and Utilization by Field (mscf) - January, 2007 Company: Shell NAME OF FIELD GAS PRODUCED GAS USED AS FUEL GAS SOLD TO THIRD PARTIES GAS LIFT GAS FLARED ABIGBORODO ABURA AFIESERE AFREMO AGBAYA AJATITON AJUJU AKONO AMUKPE BATAN BENISEDE EGWA ERIEMU ESCRAVOS BEACH EVWRENI FORCADOS YOKRI 95,430 55, ,390 ISOKO JONES CREEK KANBO KOKORI OBEN 2,973,980 10,078 2,931,415-32,487 ODIDI OGBOTOBO OGINI OLOMORO/OLEH OPUKUSHI NORTH OPOMOYO OPUAMA OPUKUSHI ORONI OSIOKA OTUMARA OVHOR NR; Not reported in the report sent by Shell. Source: Shell BP 32

33 Table 7a contd. Gas Production and Utilization by Field (mscf) - January, 2007 Company: Shell NAME OF FIELD GAS PRODUCED OWEH SAGHARA SAPELE 538,232 5, ,182-6,090 SEIBOU TUNU UBEFAN UGHELLI EAST 2,384,118 26,660 2,356, UGHELLI WEST UTOROGO 7,789,000 21,359 7,767, UZERE EAST UZERE WEST WARRI RIVER ADIBAWA 119,267 3, ,994 ADIBAWA N/EAST 82,547 2, ,282 AFAM AGBADA 693,885 40, , , ,972 AHIA 251,194 3, ,573 AKASO 462,972 2, ,963 ALAKIRI 1,308,334 67,481 1,116, ,599 APARA ASARITORU ASSA AWOBA N/WEST 29, ,397 AWOBA 811,602 4, ,350 BELEMA 486,335 6, ,746 BELEMA NORTH 4, ,547 BISENI BONNY 13,335,556 99,842 13,183,618-52,096 BONNY NORTH 81,101 1, ,948 BUGUMA CREEK CAWTHORNE CHANN 1,734,386 7, ,726,891 DIEBU CREEK 404,549 2, ,918 EGBEMA 127,334 3, ,239 EGBEMA WEST 241,125 2, ,665 EKULAMA 246,753 5, ,893 NR; Not reported in the report sent by Shell. GAS USED AS FUEL GAS SOLD TO THIRD PARTIES GAS LIFT GAS FLARED Source: Shell BP 33

34 Table 7a contd. Gas Production and Utilization by Field (mscf) - January, 2007 Company: Shell NAME OF FIELD ELELENWA 267,789 13,455 41,780 86, ,249 ENWHE ETELEBOU 376,425 3, ,023 GBARAN 936,601 3, ,805 IMO RIVER 433,335 21, ,805 ISIMIRI 185,893 2, ,205 ISU KALAEKULE KOLO CREEK 326,845 1, ,672 KRAKAMA 102,456 2, ,627 MINI NTA 287,575 4, ,938 NEMBE CREEK EAST NEMBE CREEK 1,320,311 30, , ,884 NKALI 231,497 2, ,825 NUN RIVER 179,665 4, ,764 OBEAKPU OBELE OBIGBO NORTH 1,296,473 99, , , ,373 ODEAMA CREEK 227,677 6, ,337 OGUTA 1,238,047 3, ,020 ORUBIRI 12, ,314 OTAMINI 80,562 2, ,954 RUMUEKPE 10, ,679 SANTA BARBARA 13, ,260-5,109 SANTA BARBARA SOUTH SOKU 24,015, ,611 23,779,369-55,106 UBIE 40,022 2, ,283 UGADA 140,532 1, ,099 UMUECHEM 46,595 1, ,087 EA EJA TOTAL 65,971, ,218 53,112,379 1,074,177 10,390,642 NR; Not reported in the report sent by Shell. Source: Shell BP GAS PRODUCED GAS USED AS FUEL GAS SOLD TO THIRD PARTIES GAS LIFT GAS FLARED 34

35 Table 7b Gas Production and Utilization by Field (mscf) - January, 2007 Company: Mobil GAS PRODUCED GAS USED AS FUEL GAS RE-INJECTED GAS FOR LPG/NGL AS FEEDSTOCK TO EPCL GAS LIFT GAS FLARED ADUA 296, ASABO 1,120,875 3, , ,875 ASABO "D" ASASA 2,606, ,606,909 EDOP 5,928, ,000 3,678,000-32,000 1,868,504 EKPE 126,759 28,100 10,000-36,800 51,859 EKPE WW 57, ,007 EKU 74, ,255 ENANG 1,066, ,066,358 ETIM/ETIMC 2,511,901 3, ,508,901 IDOHO 667,737 2, ,737 IDOHO-NORTH 106, ,126 INANGA 15, ,559 INIM 541,393 4, ,393 ISOBO IYAK 39, ,581 IYAK SE 35, ,804 MFEM 437, ,140 OSO 16,702, ,000 3,104,000 5,615,000-7,160,421 UBIT 3,782,207 16,000 2,936, ,207 UNAM 642, ,984 USARI 4,040,562 18,000 3,875,000-31, ,562 UTUE 221,698 3, ,698 YOHO 3,660, ,000 3,079, ,093 AWAWA 639, ,317 TOTAL 45,321,788 1,397,100 16,682,000 5,615, ,800 21,081,290 Source: Mobil 35

36 Table 7c Gas Production and Utilization by Field (mscf) - January, 2007 Company: Chevron FIELD GAS FLARED ABITEYE 189,527 12, ,321 UTONANA 187,928 1,922-16, ,041 MAKARABA 714,693 5, , ,438 OPUEKEBA 211, ,604 YORLA SOUTH DIBI 163,434 6, ,628 JISIKE 107, ,149 ROBERKIRI 788,062 12, ,270 IDAMA 286, ,618 ABIGBORODO BALEMA UNIT JOKKA 3, ,004 BENIN RIVER 259,493 18, ,235 GBOKODA 54, ,686 OJUMOLE OMURO DELTA SOUTH 1,329,814 6, ,214,316 DELTA 1,489,591 6, ,731,914 ISAN 53,456 3, ,352 WEST ISAN 190, ,384 EWAN 428,101 11, , ,975 OKAN 5,122, , ,021 3,773,507 MEFA 1,095, ,172,640 MEJI 1,566,032 11, ,709,027 MEREN 2,522, , , ,594,655 OKAGBA 51, ,939 TAPA 467,642 4, ,651 PARABE/EKO 669,904 81, ,665 MALU 600, ,286 MINA INDA 593, ,030 MEJO 108, ,650 KITO 28, ,283 OPOLO 326,485 15, ,856 TOTAL 19,612,430 1,276,366-1,060, ,021 16,507,124 Source: Chevrontexaco GAS PRODUCED GAS USED AS FUEL GAS SOLD TO THIRD PARTIES GAS RE- INJECTED GAS TO LNG GAS FOR LPG/NGL AS FEEDSTOCK TO EPCL 36

37 Table 7d Gas Production and Utilization by Field (mscf) - January, 2007 Company: Elf FIELD GAS PRODUCED GAS USED AS FUEL GAS SOLD TO THIRD PARTIES GAS RE- INJECTED GAS FOR LNG GAS LIFT GAS FLARED AGHIGHO OBODO OKPOKO UPOMAMI OBAGI/EREMA/IBEWA OIL 411,409 16, , ,472 OLO IBEWA CONDENSATES 1,645,583 14, ,602, ,789 IBEWA OIL 320, , OBAGI DEEP 483, , OBAGI GAS-CAP 37, ,307 AFIA 220, ,488 EDIKAN 29, ,832 IME 268,197 21, ,743 ODUDU 1,702,235 66, ,636,026 OFON 17,816, ,382 65,930 5,902,287 10,231, ,289,135 AMENAMKPONO TOTAL 22,935, ,144 65,930 5,902,287 12,839, ,680,792 Source: Elfina 37

38 Table 7e Gas Production and Utilization by Field (mscf) - January, 2007 Company: NAOC FIELD GAS PRODUCED GAS USED AS FUEL GAS SOLD TO THIRD PARTIES GAS RE- INJECTED FUEL GAS TO EPCL GAS FOR LPG/NGL AS FEEDSTOCK TO EPCL GAS FOR LNG GAS LIFT GAS FLARED EBOCHA FIELDS 3,168, , ,642,296 AKRI FIELDS 2,017,309 15, , ,663 1,472,760 OBR/OBI FIELDS 22,117,890 1,125,063 18,247, , , ,021,657-90,322 OSHI FIELDS 622,770 82, ,620 KWALE FIELDS 2,506, , ,248,539 TEBIDABA FIELDS 15,500 15, OBAMA FIELDS 1,292,078 67, ,224,621 CLOUGH CREEK FIELDS 43,504 7, ,004 BENIBOYE FIELDS 3,000 3, OGBAINBIRI FIELDS 7,750 7, IDU FIELDS 2,283,089 46, ,236,589 TOTAL 34,078,255 2,154,200 18,247, , , ,386 1,224,320 10,311,857 Source: NAOC 38

39 Table 7f Gas Production and Utilization by Field (mscf) - January, 2007 Company: Texaco FIELD GAS PRODUCED GAS USED AS FUEL GAS FLARED PENNINGTON 26,934 2,387 24,547 MIDDLETON NORTH APOI 210,738 2, ,351 FUNIWA 298,257 5, ,204 OKUBIE TOTAL 535,929 9, ,102 Report of activities not yet received at the time of this report. Source: Texaco 39

40 Table 7g Gas Production and Utilization by Field (mscf) - January, 2007 Company: Pan Ocean FIELD GAS PRODUCED GAS USED AS FUEL GAS FLARED ASABORO SOUTH OGHAREFE OLOGBO ONA OSSIOMO 0 0 TOTAL No production during the month due to Shell's pipeline rupture since 18/02/2006. Source: Pan Ocean 40

41 Table 7h Gas Production and Utilization by Field (mscf) - January, 2007 Company: Addax FIELD GAS PRODUCED GAS USED AS FUEL GAS RE- INJECTED GAS LIFT GAS FLARED ADANGA 590, , ,882 ADANGA SOUTH 663, ,297 ADANGA SOUTH WES 185, ,782 AKAM 73,199 3,582-26,507 43,110 BOGI 7, ,936 EBUGHU 598,784 2,875-62, ,864 EBUGHU EAST 367, ,952 EBUGHU NORTH EAS 261, ,156 EBUGHU SOUTH 261, ,529 MIMBO 229,122 52, ,551 UKPAM NORTH ORON 286, ,348 ORON WEST 297, ,607 IZOMBE 272,953 13,336 76, ,800 22,076 OSSU 168, OKWORI 1,095,315 42, ,311,007 NDA 258, TOTAL 5,617, ,198 76, ,547 4,737,097 Source: Addax 41

42 Table 7i Gas Production and Utilization by Field (mscf) - January, 2007 Company: NPDC FIELD GAS PRODUCED GAS USED AS FUEL GAS FLARED ABURA OREDO OZIENGBE SOUTH OKONO/OKPOHO 48,073 58,368 1,303,097 TOTAL 48,073 58,368 1,303,097 No Prodcution from (Abura, Oredo, Oziengbe fields) due to SPDC pipeline ruptured since 18/02/06. Source: NPDC 42

43 Table 8a Nigerian Gas Company: Gas Sales January, 2007 BUYER Quantity Unit Price Current Month Receivable Revenue Revenue Received Payments year to date Outstanding Debt Since Inception (Bscf) (=N=/mscf) (=N= million) (=N= million) (=N= million) (=N= million) Alscon Ikot Abasi ASCL DSCL Aladja NAFCON Onne WRPC Warri WAPCO Shagamu , Kew Metal Works Ikorodu WAPCO Ewekoro GAS LINK , RVSG NEPA *** , IGIL (Pre-2001 drbt) PZ Lagos Industries Obajana Condensate (Prolific LTD) TOTAL , , , ,

44 Table 8b Nigerian Gas Company: Gas Transmission for Janauary, 2007 CUSTOMER Quantity Tarrif Current Month Receivable Revenue Revenue Received Payments year to date Outstanding Debt Since Inception (Bscf) (=N=/mscf) (=N= million) (=N= million) (=N= million) (=N= million) SNG Ota/Agbara **SPDC-Aba SPDC Edjeba Glass Force TOTAL Note: Inception:- Commencement of transaction between NGC and Customer ** SPDC pays 40% of its customers' invoices as tarriff to NGC * Customer has TOP or other contract terms that apply to its payment *** Outstanding debt since inception include pre-2001 debt of N 4, Million. 44

45 Table 9a Joint Venture Domestic Gas Sales Statistics - January, 2007 BUYER FIELD VOLUME (scf) PROCEEDS (=N=) Bayelsa State Utilities Board Kolo Creek - - Beta Glass Company Ughelli East 46,685,473 24,056, Inter. Equitable Association, ABA Imo River 7,234,776 3,729, Lever Brothers, Aba Imo River 13,632,870 7,028, Nigerian Breweries Imo River 6,832,852 3,522, M.O.P PH Trans Amadi Turbine Obigbo North 26,053,539 2,089, NEPA, Afam - - NEPA, Ughelli Ughelli East 1,981,004,321 64,184, N. G. C. NNPC - Nafcon Alakiri - - NGC - ALSCON Alakiri 245,777,856 7,299, NNPC - NEPA - Sapele (Oben) OBEN 2,931,414,526 32,965, NGC - NEPA - Sapele SAPELE 526,182,852 5,882, N. G. C. Delta Steel Co. Aladja Ughelli East 329,156,628 3,732, NNPC - N. G. C. Utorogu Benin City Utorogu 7,420,119,731 81,213, Pz Industries. Ltd, Aba Imo River 27,251,381 14,048, River State Utility Board Apara 86,451,909 28,969, International Glass Ind. Aba Imo River 15,589,668 8,041, NNPC-Obigbo-North-Gas-Plant Obigbo North 1,149,131,824 20,105, NGC - MOP ELEME AFAM - - SNG - Agbara Otta 241,586,310 39,201, SNG - Aba 41,873,667 - GRAND TOTAL 15,095,980, ,072,

46 Table 9b Joint Venture Export Gas Sales Statistics to NLNG - January, 2007 SELLER FIELD (scf) (US$) Nigerian Agip Oil Company Apara - - SHELL Soku 46,085,608 34,564, GRAND TOTAL 46,085,608 34,564, Source: Shell BP 46

47 Table 10 Refineries Crude Oil Balance: January 2007 KRPC P HRC W RPC T OTAL DESCRIPTION Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels (1) Opening Stock 267,986 1,967,555 28, , ,263 2,175,165 (2) Crude Oil Received 364,749 2,677, ,749 2,677,990 (3) Total Available - (1+2) 632,735 4,645,545 28, , ,012 4,853,155 (4) Crude Oil Processed 379,590 2,811, ,590 2,811,046 (5) Closing Stock - (3-4) 253,145 1,834,499 28, , ,422 2,042,109 (6) Ave. Daily Throughput 12,245 90,679 12,245 90,679 (7) Refinery Processing Capacity (b/d) 110, , , ,000 Source: Refinery Monthly Report 47

48 Figure 5 Refinery Capacity Utilization: January Percentage KRPC PHRC WRPC 48

49 Figure 6 Historical Trend of Refinery Capacity Utilization: Feb Jan

50 Figure 7 Refinery Crude Oil Receipt Vs Processed: January m m bbls 1 KRPC PHRC WRPC Received Processed 50

51 Table 11 Refinery Crude Oil Receipt by Crude Stream: January 2007 Crude Type K RPC P HRC *W RPC T OTAL Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Bashra Light Bonny Light 364,749 2,677, ,749 2,677,990 Escravos Light Forcados Blend Total NIL NIL 364,749 2,677,990 NIL NIL 364,749 2,677,990 A total of 39,305mt of Shell Gas Condensate was received into WRPC, out of which 24,853mt was delivered into WRPC's tanks, while the balance of 14,452mt went into KRPC's tank. Source: Refinery Monthly Report 51

52 Figure 8 Historical Trend of Crude Oil Receipt: Feb Jan ,500,000 4,000,000 3,500,000 Volume Received mbbls 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 KRPC PHRC WRPC 500,000 - Feb- 06 Mar- 06 Apr- 06 May- 06 Jun- 06 Jul- 06 Aug- 06 Sept- 06 Oct- 06 Nov- 06 Dec- 06 Jan

53 Table 12 Crude Oil Processed by Crude Stream: January 2007 Crude Type K RPC P HRC W RPC T OTAL Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Bashra Light Bonny Light 379,590 2,811, ,590 2,811,046 Escravos Light Forcados Blend Total NIL NIL 379,590 2,811,046 NIL NIL 379,590 2,811,046 KRPC and WRPC did not process any crude in the month of January 2007 Source: Refinery Monthly Report 53

54 Figure 9 Historical Trend of Crude Oil Processed: Feb Jan Volume Processed mbbls Feb-06 Mar-06 Apr-06 May-06 Jun-96 Jul-06 Aug-06 Sept-06 Oct-06 Nov-06 Dec-06 Jan-07 WRPC KRPC PHRC 54

55 Table 13 Refinery Finished Products: January 2007 K RPC P HRC W RPC TOTAL Products (MT) Actual Evacuation Actual Evacuation Actual Evacuation Actual Evacuation Production by PPMC Production by PPMC Production by PPMC Production by PPMC LPG PMS 7,091 7,091 26,014 81,482 26,552 33, ,125 DPK ,703 36, ,217 37,490 AGO ,210 83, ,701 88,322 85,119 Fuel Oil 156, , , ,073 LRS Asphalt VGO Kero-Solvent Interm. Products 41,387 25,299 41,387 25,299 TOTAL 7,721 7, , , , , ,106 Source: Refinery Monthly Report 55

56 Figure 10 Refinery Finished Products: January '000mt LPG PMS DPK AGO Fuel Oil KRPC PHRC WRPC 56

57 Table 14 Refinery Fuel and Loss Statistics: January 2007 Products Quantity % Wt. of Quantity % Wt. of Quantity % Wt. of Quantity % Wt. of (mt) Production (mt) Production (mt) Production (mt) Production Gas 3, , Fuel LPG LPFO 9, , Coke Burnt K RPC P HRC W RPC TOTAL AGO R/Fuel 13, , Gas/LPG Flared Losses/Others 4, , R/Fuel & Loss 17, , Source: Refinery Monthly Report 57

58 Table 15 Distribution of Petroleum Products by States: January 2007 ('000Litres) Products Abia Adamawa Akwa- Anambra Bauchi Bayelsa Benue Borno Cross- Delta Ebonyi Edo Ekiti Ibom River LPG Super Gasoline 3,671 5,060 2,724 1,564 2,674 1,170 2,276 3,221 8,066 13, ,072 2,446 Household Kerosine 1, Aviation Turbine Kero Auto. Gas Oil 3,276 1, , , , , Low Pour Fuel Oil 165 1,105 Lubricating Oils Greases Pet. Jelly / Waxes Bitumen & Asphalts Brake Fluids Special Products Gas Appliances Chemicals 4 18 Others (SRG) Total 8,937 7,305 4,452 2,908 4,857 1,218 3,199 4,828 9,417 22, ,821 2,626 Source: Monthly Returns from the Major Petroleum Marketing Companies 58

59 Table 15 Cont d Distribution of Petroleum Products by States: January 2007 ('000Litres) Products Enugu Gombe Imo Jigawa Kaduna Kano Katsina Kebbi Kogi Kwara Lagos Nasarawa LPG Super Gasoline 4,806 1,639 4,568 1,757 10,163 12,722 4,662 1,080 2,306 6, ,060 6,119 Household Kerosine 1, , , , Aviation Turbine Ker ,318 24,246 Auto. Gas Oil 2, , ,839 4, ,100 8,028 2,034 Low Pour Fuel Oil 385 1, Lubricating Oils , Greases Pet. Jelly / Waxes Bitumen & Asphalts Brake Fluids 0 Special Products 8 Gas Appliances Chemicals ,958 2 Others (SRG) Total 9,241 3,529 8,880 1,978 15,205 22,828 6,154 1,447 2,459 7, ,289 8,714 Source: Monthly Returns from the Major Petroleum Marketing Companies 59

60 Table 15 Cont d Distribution of Petroleum Products by States: January 2007 ('000Litres) Products Niger Ogun Ondo Osun Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Abuja Marketers Total Liftings Sold LPG Super Gasoline 10,218 37,092 12,620 5,710 18,081 3,991 34,209 1,402 1,244 2,869 1,077 48, , ,560 Household Kerosine , ,325 63,358 Aviation Turbine Kero ,225 29,099 Auto. Gas Oil 576 2, ,113 2,004 13,061 1, ,801 37, ,412 Low Pour Fuel Oil ,133 19,817 Lubricating Oils ,439 Greases Pet. Jelly / Waxes Bitumen & Asphalts ,598 Brake Fluids Special Products Gas Appliances Chemicals 7,016 Others (SRG) Total 11,135 40,627 14,324 6,079 23,458 6,450 55,149 2,852 1,346 3,159 1,344 55, , ,622 *Independent Source: Monthly Returns from the Major Petroleum Marketing Companies and PPMC 60

61 Table 16 Distribution of Petroleum Products by Marketing Companies: Jan ('000Litres) NNPC Major Products African Conoil Mobil Retail Texaco Total Oando Marketers Independent Total % Distr. Petroleum Outlet Sub-total Marketers Distribution LPG Super Gasoline 74,842 56,059 55,655 22,466 78,185 91,765 69, , , , Household Kerosine 2,079 2, ,068 1,236 4,974 16,012 37,033 26,325 63, Aviation Turbine Kero 9,180 2,832 5,623 11,464 29,099 29, Auto. Gas Oil 8,633 6, ,380 11,967 21,660 20,340 75,277 37, , Low Pour Fuel Oil ,932 1,548 5,684 14,133 19, Lubricating Oils ,873 1,424 6,439 6, Greases Pet. Jelly / Waxes Bitumen & Asphalts 1,850 1,748 3,598 3, Brake Fluids Special Products Gas Appliances 0.00 Chemicals 7,016 7,016 7, Others (SRG) Total 86,331 74,686 60,071 36,914 97, , , , , , % Market Share Source: Monthly Returns from the Major Petroleum Marketing Companies and PPMC 61

62 Table 17 Distribution of Petroleum Products by Zones: January 2007 '000Litres Products South West South East South South North West North East North Central Abuja Total LPG Super Gasoline 318,559 15, ,735 23,074 19,226 52,611 48, ,560 Household Kerosine 15,824 11,733 27,130 3,604 1,654 2, ,358 Aviation Turbine Kero 24, , ,225 29,099 Auto. Gas Oil 17,979 26,641 43,294 6,985 4,255 9,457 3, ,412 Low Pour Fuel Oil 1, ,238 1, ,817 Lubricating Oils 2, , ,439 Greases Pet. Jelly / Waxes Bitumen & Asphalts 1, , ,598 Brake Fluids Special Products Gas Appliances Chemicals 6, ,016 Others (SRG) Total 388,831 54, ,285 37,010 27,574 66,775 55, ,622 % Distribution Source: Monthly Returns from the Major Petroleum Companies and PPMC. 62

63 Figure 11 Distribution of Petroleum Products by Zones: January 2007 Nort h Cent ral 7.80% Nort h East 3.22% Abuja 6.44% Nort h West 4.32% Sout h Sout h 26.42% Sout h West 45.39% Sout h East 6.41% 63

64 Figure 12 Average Daily Distribution of Petroleum Products: Feb Jan Million Litres AGO DPK PMS 5 0 Feb-06 M ar-06 Apr-06 M ay-06 Jun-06 Jul-06 Aug-06 Sept-06 Oct-06 Nov-06 Dec-06 Jan-07 64

65 Figure 13 Distribution of Petroleum Products in Nigeria: Jan North West: mltrs North Central: mltrs North East: mltrs Abuja: mltrs South West: mltrs South South: South East: mltrs mltrs 65