Stubb creek nigeria. Human activities have .

Stubb creek nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Stubb Creek (OML 14). On 10 March 2025, we completed the acquisition of SIPEC, whose principal asset is a 49% non-operated interest in the Stubb Creek Field, where our Universal Energy Resources Limited affiliate is the 51% owner and operator. As at year end 2024, Stubb Creek Field had an estimated 11 MMstb of 2P gross oil Reserves and 515 Bscf of 2C gross gas Resources1. Mar 10, 2025 · About Stubb Creek Field Stubb Creek Field, located in Akwa Ibom State, Nigeria, is a producing oil field with considerable undeveloped, non-associated 2C gas Resources. (SIPEC), the British company’s co-venturer in the Stubb Creek oil and gas field in Nigeria, for $61. Mar 20, 2024 · Savannah to acquire remaining stake in Nigeria’s Stubb Creek oilfield The London-listed company's affiliate, Universal Energy Resources, currently holds a 51% stake in the field in Nigeria's Akwa Ibom State. The reserve possesses fragile ecosystems with valuable fauna and flora species. Mar 11, 2025 · Savannah Energy Plc, has indicated plans to increase production at Stubb Creek field in Akwa Ibom State, Nigeria, after completing the acquisition of Sinopec International Petroleum Exploration and Production Co. . 5 million. “An affiliate of Savannah, Universal Energy Resources Limited, is the 51% owner and operator”, Savannah explains. The Stubb creek forest reserve also known as Akoiyak Ekid, is a gazette forest reserve in Akwa Ibom State, Nigeria, established in 1930. Nigeria Ltd. Human activities have Nov 6, 2024 · Stubb Creek is a producing conventional oil field located onshore Nigeria and is operated by Universal Energy Resources. Stubb's Creek Forest Reserve (SCFR) is the largest remaining forest in Akwa Ibom State. SIPEC owns a 49 percent interest in the proven onshore asset in the Akwa Ibom State, which sits on […] Mar 11, 2025 · The Stubb Creek Field, situated in Akwa Ibom State, Nigeria, is a producing oilfield with substantial undeveloped, non-associated contingent (2C) gas resources. Mar 19, 2024 · SIPEC’s principal asset is a 49% non-operated interest in the Stubb Creek oil and gas field, located onshore Akwa Ibom State, Nigeria. Industry analysts say incremental volumes from independents like Savannah play an important role in bridging output gaps left by international oil majors who are Mar 11, 2025 · The Stubb Creek field's expansion is not just about boosting production; it's about creating a sustainable energy future, fostering economic development, and ensuring a reliable energy supply for Nigeria and the wider region. Stubb Creek Field is a producing oil field with considerable undeveloped, non-associated 2C gas Resources. Mar 25, 2024 · Savannah Energy PLC has signed agreements to take over Sinopec International Petroleum Exploration and Production Company Nigeria Ltd. Aug 27, 2025 · The Stubb Creek boost comes at a time when Nigeria is seeking to maintain momentum after meeting the Organisation of Petroleum Exporting Countries (OPEC) production quotas for two consecutive months and increasing government revenues. The reserve has attracted several researchers from within and outside Nigeria, as it is considered a hotspot for biodiversity, especially it floral and faunal resources. Feb 22, 2025 · Stubb Creek Oil and Gas Field is an operating oil and gas field in Nigeria. Commercial oil production started at Stubb Creek Field in 2015, with cumulative production of 8. [1][2] Mar 22, 2024 · Savannah will take over Sinopec International Petroleum Exploration and Production Company Nigeria, the British company's co-venturer in Stubb Creek. a5 zp6lj0a ayjw 2fut z2gq y4zn bhxwbi utmh6 yp kv