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.

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Elcrest in Numbers

as at January 31, 2025

95.5 MMbbls

2P Reserves + 2C Resources

11,528,456

LTI-Free Man Hours

55,285,862

Cumulative Production

219 kt/Co2e

CO2 emission intensity

Meet Our Board

Our Senior Management

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.

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OML 40

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

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Opuama Field

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 in 1976.

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Gbetiokun Field

The Gbetiokun Field is situated to the southeast of the OML 40 block 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.

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Sibiri Field

The Sibiri Field is situated in the western part of the OML 40 block, approximately 7 kilometers from the Opuama Field. The field was discovered in 2022 by the Sibiri-1 well; the first exploration well drilled by the NEPL/ Elcrest JV.

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Abiala Asset

Abiala field is a marginal field carved out of the OML 40 block. The field was discovered by Abiala- 1 well drilled by SPDC in 1989. The field was excised of the OML 40 block in 2003 and awarded to Naphta Global Exploration & Production Ltd on the 28th of June 2022 (PPL 209).

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

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