Eroton Exploration & Production Company (Eroton), incorporated in August 2013 is an independent indigenous oil and gas company. The company commenced full operations in 2015. Eroton is focused on the prolific Niger Delta Petroleum System in Nigeria.
Eroton acquired 45 per cent (%) of OML 18 in a competitive bid round 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 is located in the Eastern Niger Delta and covers a total area of 1,035 SQKM in an onshore swamp terrain.
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 with over 250 well-motivated staff, most of whom are field based, Eroton is uniquely positioned for growth in the oil-rich Niger-Delta area of Nigeria.
A robust program has been put in place to further assess the potential of OML 18. This will entail the reprocessing of legacy seismic data, the acquisition of long offset broadband 3D seismic data, drilling, appraisal and testing of a significant number of wells in the next 5 years.
Sustainably own and optimally produce hydrocarbon assets
To become the leading indigenous independent producer of hydrocarbons in Nigeria.
Lagos State Office
Lagos State, Nigeria
Tombia Extension, GRA phase 2,
Port Harcourt, Rivers State, Nigeria