He said the Halliburton Neftex solution which would provide a geophysical mapping structure of the country would complement the ongoing in-house efforts by the NNPC research centre to develop what is known as “Turonian Cenomanian Cretaceous source rock” for all the basins in Nigeria.
Iraq, OPEC’s second-largest producer, committed to reduce daily production by 210,000 barrels to 4.351 million barrels as part of a December agreement among major oil producers. That agreement stipulated a total reduction of 1.8 million barrels per day in the first six months of 2017.
