Drilling so far at the Kolmani River-II Well which spud-in was flagged off last month by President Muhammadu Buhari has reached 6,700 feet, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said.
Dr. Baru gave the update while receiving an award presented to him by the Petroleum Technology Association of Nigeria (PETAN) according to a statement released Tuesday in Abuja by the Corporations spokesman, Mr. Ndu Ughamadu.
Baru explained that the target was 14,200 feet, although the depth could be longer depending on findings. Prospecting for oil and gas in Kolmani River-II Well is one of the recent foray of the government into inland exploration in parts of the country.
He also disclosed that in furtherance of its African integration drive, the NNPC was considering extending the ongoing Ajaokuta-Kaduna – Kano (AKK) gas pipeline system across the Sahara to Algeria in North Africa.
Dr. Baru who reaffirmed the federal government’s plan to also extend the West African Gas Pipeline (WAGP) to Morocco, commended PETAN for its contribution to the development of the Nigerian petroleum industry.
He noted that Nigerians now have the capacity and expertise to carry out any job in the Industry that was hitherto done by foreigners. “As a champion of Nigerian content, we will continue to support you in whatever way we can,” he said.
Baru was awarded “Visionary Leadership Award” by PETAN for engineering transformation in every aspect of the petroleum industry since his assumption of office.
Chairman of PETAN, Bank Anthony Okoroafor, cited the resumption of exploration in the inland basins and the flag-off of Bonga South–west project which has been in the shelf for more than 10 years as fruits of the Baru’s leadership.