Top 10 Oil Producing States in Nigeria
Nigeria is blessed with a huge deposit of mineral and natural resources. Among the natural resources found in the country is crude oil, which is commercially marketable. Nigeria is the 14th largest producer of oil in the world and 2nd in Africa with a production volume estimated to be about 1.5 million barrel per day. Since the discovery of oil in 1956 in Oloibiri in the Niger Delta region, Nigeria’s economy has been supported by the exploration and exportation of oil, although there have been calls for the diversification of the economy.
Oil produced in Nigeria is recognized in the world as high quality and light as the oil is free from Sulphur, which is highly sought after. This is why the country rose to be one of the richest countries in Africa. Nigeria could not have reached a high spot in the list of highest oil producing countries without mentioning its oil producing states. You might also be interested in looking at the top ten oil producing companies in Nigeria.
Top 10 Oil Producing States in Nigeria
Oil in Nigeria is not explored to a full capacity, but 80% of total oil currently explored in the country comes from the coasts of the Niger Delta basins. The reason is due to the fact that the Niger Delta region is endowed with one of the highest concentration of biomass remains. Not all states in Nigeria produces oil, which is why we have compiled this article after careful research to educate you on the oil producing states in Nigeria.
1. Akwa-Ibom State
Akwa-Ibom is the largest producer of oil in Nigeria with a volume of 504,000 barrels per day. This is why the state is considered to be one of the richest in Nigeria. The state has deposits of oil in both on and offshore areas. Oil was first discovered in Akwa-Ibom in a region called Ikot Akata in the 1950’s following the exploration of oil in the region. Among the oil companies operating in the state are: Mobil petroleum, Elf, and Addax.
2. Delta State
Delta state is the most widely recognized oil producing state in Nigeria.. It is located in the southern part of Nigeria. It has a total land area of 17,698km² making it the 23rd largest state in area in the country. Delta state has huge deposits of crude oil and is among the largest producers of oil in Nigeria. The economy is based on crude oil and natural gas. Several controversies also surround the state especially with the continuous protests of its residents against oil spill and disputes involving oil companies. The state is currently the second largest producer of oil in Nigeria with a production capacity of 346,000 barrels per day.
3. Rivers State
Located in Niger Delta region of south western Nigeria, Rivers state is considered to be the commercial centre of the Nigerian oil industry with a production volume of 344,000 barrels per day. The state is bordered by many rivers which is where it got its name. Oil was first discovered in the state in commercial quantity in 1951. The oil deposits in this state is one of the reason why it is regarded as one of the richest state in Nigeria. In recent times, there have been disputes between Rivers and Imo states on the ownership of oil wells in some boundary areas.
Bayelsa is another oil producing state in Nigeria with one of the largest crude oil and natural gas deposits. It accounts for about 18% of the country’s oil production with a capacity of 290,000 barrels per day. It is located in the core of the Niger Delta region and shares boundary with Rivers state to the east and Delta state to the west. It also has the Atlantic ocean flowing across its southern borders. There have also been protests and campaign movement by the indigenes of the state against oil pollution and the minimum dividends which they enjoy from the oil explored in the state.
5. Imo State
Popularly known as the Eastern heartland, Imo state is the third smallest state in area in Nigeria and blessed with several mineral resources, such as crude oil, natural gas, lead, calcium carbonate, limestone, white clay among many others. The state boasts of over 36 oil wells located in 12 different areas in the state. Among the oil companies operating in the state are: Chevron, Agip, Royal Dutch Shell and Addax.
6. Abia State
Abia state is located in the south Eastern part of Nigeria and bordered by Enugu to the north, Imo to the west, cross river to the east and Rivers to the south. With over 100 oil wells and 3 installed flow stations, the state is recognized for its contribution to the production of crude oil in Nigeria. It is estimated that the state produces an average of 36,000 barrels of oil per day.
7. Edo State
Known for being the center of Nigeria’s rubber industry and its tourist attraction sites, Edo state has proved itself versatile especially with its deposit of crude oil. The state is located in the southern part of Nigeria and ranked as the 22nd largest state by area. The state accounts for about 1.5% of the crude oil produced in Nigeria with a volume of about 33,000 barrels per day.
Recognized as the commercial capital of Nigeria and the financial and entertainment capital of Africa, Lagos state also contributes its own fair share to the volume of oil production in Nigeria. The state boasts of owning the rank of the fourth largest GDP in Nigeria. Following the discovery of oil in the state, Lagos was declared an oil producing state in 2016. The yet to be completed Dangote refinery is also located in the state. The state currently produces oil volume of about 40,000 barrels per day.
9. Ondo State
Ondo is a state located in southwestern Nigeria. It was created on February 3rd, 1976 during the regime of General Muritala Muhammed. It is bordered by Edo and Delta states to the east, Ekiti and Kogi to the north, Osun and Ogun to the west and the Atlantic ocean on its southern boarders. Oil was first discovered in the state in 1909 and has since grown into producing an average of 60,000 barrels per day which accounts for 3.7% of the total oil produced in the country.
10. Anambra State
Anambra is another oil producing state in Nigeria. The state has a land mass of 4,844km² and ranked the 2nd smallest state in the country. It shares boundaries with states like; Delta, IMO, Rivers, Enugu and Kogi state. The state has an almost 100% arable soil which is not expected of a state rich in crude oil and natural gas. Anambra officially became an oil producing state in Nigeria in 2012 and currently produces about 2,000 barrels of oil per day.