Comprehensive list of Owners of Indigenous Oil Blocks in Nigeria

Contrary to the claim by the Chairman of the Senate Committee on Business and Rules, Senator Ita Enang, last week that 83 per cent of oil blocks in the country are owned by northerners, THISDAY investigations have revealed that 88 per cent of the oil blocks are owned by multinational oil companies.
Also, indigenous oil operators or Nigerian companies control only about 11 per cent of the Oil Blocks, confirming the assertion, Femi Falana, last week that oil majors control majority share of the Nigerian oil and gas industry.
A breakdown of oil leases granted operators showed that the total number of Oil Mining Leases (OMLs) in operation by December ending 2012 was 109, while Oil Prospecting Leases (OPLs) stood at 92.
The Federal Government had in 2012 set a production target of 2.48 million barrels per day (mbpd), of which 1.5 million barrels of oil per day (mbpd) were expected from the onshore and shallower water terrain, while deepwater concessions accounted for 900,800 bpd, which are currently controlled by the multinational companies.
Of the 2.48 mbpd produced last year, the entire production by indigenous companies totalled 276,000 bpd, accounting for about 11 per cent of Nigeria’s production.
Well, check out the comprehensive list of Owners of Indigenous Oil Blocks.