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Seplat discovers 19 million barrels of oil, 157 bcf of gas in Imo State

Source: Premium Times

CEII brief

Premium Times reported on 30 Oct 2026: Seplat discovers 19 million barrels of oil, 157 bcf of gas in Imo State.

Encouraged by the initial success, now looks to commence the second phase of exploration in the oilfield as early as next year, with five reservoir intervals already uncovered during the discovery.

— Premium Times
Read the full story on Premium Times

Context from CEII

Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.

72.9% of electricity in Nigeria came from gas in 2024

Countries in this story

Original reporting © Premium Times. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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