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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. The country’s first field began producing in 1958 at a rate of 5,100 BPD. How did this happen? Exxon comes next: the U.S.

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Software Is the Missing Piece to Oil & Gas Digital Transformation

Coolfire Core

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. Similarly, accidents from pipeline leakage to oil spills can incur large fines and significant reputational damage.

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