Indigenous firm Nembe E&P unveils 250mmdcf/d gas, 200.000 bpd production target.
Nembe Exploration & Production Company Ltd. (Nembe E&P), an indigenous operator of Oil Mining Lease 29 (OML 29) has unveiled a production growth strategy, targeting a oil production ramp-up to 200,000 barrels per day (bpd) and 250 million standard cubic feet per day mmscf/d of gas in 2025.
The development is contained in a statement signed and issued on Wednesday by Mr Matthew Ndiana-Abasi, Group Head, Media Operations, Strategic Communications and Events at Nembe Exploration and Production Company Limited.
He quoted Mr Victor Okoronkwo, the Group Managing Director of Nembe E&P, formerly Aiteo Eastern E&P Company Limited, as saying that the gas processing facility billed for commissioning by third quarter of 2025 is to de-bottleneck evacuation and gas monetization.
The statement reads: “Speaking at the sideline of the ongoing 24th edition of the Nigerian Oil and Gas Energy Week, the Group Managing Director, stated that OML 29 has transformed into a resilient, Integrated energy company grounded in indigenous excellence, performance discipline, and climate-aware infrastructure planning,”.
Okoronkwo explained that the 17 new wells, 25 work-overs, LNG processing and export-ready infrastructure and the 97km Nembe Creek Trunk Line and new pipelines arebaimed at unlocking stranded volumes of gas.
“Our development strategy is not just about scale, it is about sustainability, sovereignty, and smart execution.
“Indigenous path to 200,000 bpd and gas supremacy is from asset revitalization to infrastructure renewal, Nigeria’s Nembe Exploration & Production is repositioning as a gas-first upstream powerhouse without external fanfare.
“At the heart of Nigeria’s energy awakening stands a quietly determined player: Nembe E&P. operating Oil Mining Lease 29, widely recognized as Sub-Saharan Africa’s most strategic onshore block.
“This indigenous firm is moving decisively to scale output, unlock reserves, and modernize infrastructure across the Niger Delta basin,” the energy firm stated.
He shared Nembe’s updated strategy at the Nigeria Oil & Gas Week 2025, citing targets of 200,000 bpd and 250 mmscf/d.
The ambition is enabled by a cluster-based development model, a new Central Processing Facility (CPF) and optimized pipeline and flare-out solutions.
Nembe E&P stated that the midstream leverage meets upstream execution as Nembe E&P controls the 97km Nembe Creek Trunk Line (NCTL), offering a rare advantage in crude evacuation.
Okoronkwo added that alongside the target, the company is scaling work overs, deploying 17 new wells, and operationalizing its CPF by Q3 2025, while implementing a comprehensive gas monetization.
“Decarbonized Growth with Nigerian Roots incorporating solar pilots, AGG compressors, and methane reduction audits, Nembe’s gas-forward strategy mirrors Nigeria’s own energy transition roadmap.
“As global capital increasingly favours cleaner molecules, Nembe’s strategy could serve as a regional blueprint for low-carbon, high-impact growth.
“We are building Africa’s next great energy company decarbonized, de-risked, and indigenously led. Our targets are bold, but so is our belief in Nigeria’s future,” it reads.
