Unlocking Untapped
Resources in Nigeria

Fueling Progress, Empowering Communities!

Driving Sustainable Exploration and Production in Nigeria

Elcrest, a dynamic and growing oil and gas leader, drives sustainable energy exploration and production in the Niger Delta. We are committed to powering Nigeria’s growth while responsibly managing our environmental footprint.

Elcrest in Numbers

87.8 MMbbls

2P Reserves + 2C Resources

Over 9.8M

LTI-Free Man Hours

48 MMbbls

Cumulative Production

27.7 kg/boe

CO2 emission intensity for 2023

Elcrest Exploration and Production

Our Commitment to Responsible Operations

We are committed to minimizing our environmental footprint through sustainable practices, efficient resource management, and responsible decision-making.

By balancing operational excellence with environmental stewardship, we strive to protect our planet for current and future generations while maintaining our role as a leading energy provider.

OML 40

A 498 km² Niger Delta oil license, jointly held by NEPL and Elcrest, with two producing fields and multiple prospects

Opuama Field

Discovered in 1972 (Opuama-1 well). Production from Opuama began in 1975, reaching a peak output of 11,000 barrels of oil per day (bopd) from five wells: Opuama-1, 3, 5, 6, and 7.

Gbetiokun Field

The Gbetiokun Field is situated to the southeast of OML 40 and was discovered in 1987 (Gbetiokun-1 well), drilled by Shell Petroleum Development Company (SPDC) and further appraised by Gbetiokun-2 (SPDC) drilled in 1990-91.

Sibiri Field

Approximately 7 kilometers from the Opuama Field, Sibiri was discovered in 2022 by the Sibiri-1 well, which encountered eight hydrocarbon-bearing sands. The well was completed on D4000 and D2000 and tested via an Extended Well Test (EWT).

Abiala Asset

In 2022, Elcrest announced an agreement with Naphta Global Exploration & Production Ltd for a 95% equity farm-in to the Abiala marginal field, while Naphta retains a 5% carried interest.

Elcrest is committed to safety, environmental protection, and community engagement, as evident in the adherence to international standards and local regulations.
87 %

International Standards Implemented At Elcrest, we rigorously adhere to global best practices, implementing key international standards across our operations. Our commitment to excellence is reflected in our adoption of ISO 45001 for occupational health and safety, and ISO 14001 for environmental management systems.

3 yrs

Elcrest was Incorporated in 2010, Acquired OML 40 Asset in 2012. Since then, Elcrest Exploration and production has maintained an unwavering commitment to regulatory compliance. For over a decade, we have consistently met and exceeded local and national regulations, setting a benchmark for responsible operations in Nigeria's oil and gas sector

PUBLICATIONS

News & Insights

Powering Nigeria’s ExplorationFuture.

Leveraging Expertise in Hydrocarbon Development and Infrastructure Across Nigeria's Niger-Delta and Beyond.