🇳🇬NGA
Nigeria
West Africa
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West Africa
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Energy • crude_oil • 2 deposit(s)
DISPUTED: Nigeria claims 37.28B bbl but independent audits suggest ~30B bbl due to depletion. Oil theft losses (400,000 bpd) not reflected in official figures. "Proved" reserves include politically-motivated upward revisions. Reserves Life Index assumes current production, but Nigeria rarely meets OPEC quota.
Delta, Bayelsa, Rivers, Akwa Ibom, Edo, Ondo, Imo, Abia
Basis: recoverable (not applied)
= 65.0%
Gross Value
$1.92TmodeledState Value
$1.25TmodeledBasis: recoverable (not applied)
= 65.0%
Gross Value
$1.57TmodeledState Value
$1.02TmodeledBasis: recoverable (not applied)
= 65.0%
Gross Value
$2.52TmodeledState Value
$1.63TmodeledBasis: recoverable (not applied)
= 65.0%
Gross Value
$1.52TmodeledState Value
$991.25BmodeledOffshore Atlantic
Basis: recoverable (not applied)
= 55.0%
Gross Value
$379.60BmodeledState Value
$208.78BmodeledBasis: recoverable (not applied)
= 55.0%
Gross Value
$292.00BmodeledState Value
$160.60BmodeledBasis: recoverable (not applied)
= 55.0%
Gross Value
$496.40BmodeledState Value
$273.02Bmodeled