Emadeb Strikes First Oil from Ibom Field

Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) has announced the achievement of first oil from the Ibom Field (PPL 236), marking another milestone in Nigeria’s upstream oil and gas industry.

This was contained in the press statement its management issued yesterday.

According to the statement, following sustained investment, technical rigour and collaborative effort, the company has commenced commercial production from Ibom Field.

The statement noted that the achievement underscores Emadeb E&P’s emergence as a fully integrated energy player and highlights the pivotal role of indigenous operators in advancing Nigeria’s energy security and economic diversification.

It further noted that it also aligns with the Federal Government of Nigeria’s vision and aspiration to increase the nation’s crude oil production.

The Ibom field is located approximately 30 kilometres offshore, Ibom Field was originally discovered in 1979.

The field boasts significant in place volume of 103 million barrels of oil.

The management said since the acquisition in the 2020 Marginal Field Bid Round, Emadeb E&P has invested over $100 million in a phased field development programme. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved the Ibom Field Development Plan (FDP) in November 2024.

The statement noted that some of the key technical milestones are the successful drilling and completion of the Ibom-03 well in September 2023.

Integration of a Mobile Producing Offshore Unit (MOPU) completed in June 2025.

It also said commissioning of the Ibom Field Mooring System in September 2025 and First oil achieved in October 2025 are some of the feats.

The statement said the company has demonstrated indigenous capacity and strategic partnership.

According to its Chief Executive Officer, Adebowale Olujimi, “This milestone reflects our deep commitment to unlocking Nigeria’s hydrocarbon potential through homegrown expertise, strong partnerships, and disciplined investment.”

Olujimi declared, “We are proud to contribute to Nigeria’s energy goals, foster local content, create jobs, and deliver sustainable value.”

The Ibom Field development showcases effective collaboration between the private sector and government institutions and stands as a model for marginal field commercialisation and indigenous capacity development in the upstream sector.

He also said the Ibom Field stands as a testament to what is achievable when strategic intent meets execution excellence.

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Looking ahead, he said Emadeb E&P is now preparing for Phase 2 development to drill two additional wells that will triple production by Q4 2026. The company remains focused on operational excellence, environmental stewardship, safety, and community engagement.