Eroton Exploration & Production Company (Eroton), incorporated in August 2013 is an indigenous oil and gas company. The company commenced full operations in 2015 and has become a key player in the upstream sector with a key interest in the Niger Delta petroleum sector.
Eroton acquired 45 per cent (%) of OML 18 in a competitive bid conducted by the Department of Petroleum Resources in 2015. OML 18 was previously owned by a consortium made up of Shell Petroleum Development Company, Total Exploration & Production Nigeria Limited, and Nigeria Agip Oil Company. OML 18 oil field is situated in the Eastern Niger Delta and covers a total area of 1,035 SQKM in an onshore swamp terrain. Eroton was the operator of OML 18 from 2015 to 2023. Presently, Eroton holds 27% equity share in the OML 18 JV.
There are seven (7) oil flow-stations, one Non-Associated Gas (NAG) and three Associated Gas Gathering (AGG) facilities in OML 18. Capacities range from 10 kbopd to 60 kbopd, and 120 MMscf/day to 150mmscf/day.
The company operates the fields (Alakiri, Buguma, Krakrama, Asari Toru, Bille, Tema, Cawthorne Channel, Awoba, Ibibio and Akso) in OML 18 on behalf of the joint venture between the Federal Government of Nigeria and Eroton. The National Petroleum Investment Management Services arm of NNPC (NAPIMS) represents the Federal Government in the joint venture. Tema and Awoba fields straddle the adjoining OMLs 23 & 24 respectively.
As an integrated Oil and Natural Gas Exploration and Production Company, Eroton is uniquely positioned for growth in the oil-rich Niger-Delta area of Nigeria.
Our Mission
Sustainably own and optimally produce hydrocarbon assets
Our Vision
To become the leading indigenous independent producer of hydrocarbons in Nigeria.
Contact Us
Lagos State Office
Plot 11 Olubunmi Owa Street
Lekki Phase 1
Lagos – Nigeria
Phone: +2348058529999
Email: info@erotonep.com