Universal Energy brings Nigerian oilfield online

Oil nigeriaUniversal Energy has announced the commencement of crude oil production in Nigeria from its Stubb Creek Field in Akwa Ibom State

According to the company, Universal Energy has joined the league of marginal oilfield producing companies in Nigeria having successfully completed the construction of an early production facility and building a 23 km pipeline from the Stubb Creek Field to ExxonMobil’s Qua Iboe Terminal, that came online February this year, to enable evacuation and delivery.

Commercial oil production from the field is at an initial gross rate of 2,000 bpd with plans to increase the processing capacity to 8,000 bpd.

Universal Energy managing director Bassey Umoh said his company had achieved a major milestone in the long-term development plan for the Stubb Creek Field.

“The marginal field round was executed with the aim of enabling domestic companies to bring smaller marginal fields on-stream and we are proud to have achieved this. As a team, Universal Energy wishes to express sincere appreciation and thank everyone who provided support and significantly contributed to the successful completion of the Stubb Creek Early Production Facility Project in Unyenge,” he added.

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