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Nigeria don approve 145 new oil wells so far dis year, regulator yarn
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) talk say the approvals show say regulatory processing don fast wella.
Nigeria don approve 145 new oil wells so far dis year, regulator yarn
NUPRC say di process dey faster now

Nigeria upstream oil regulator don approve 145 new well-drilling operations, 595 well re-entries and 39 field development plans (FDPs) so far dis year as e dey try boost crude output, attract investment and make energy security strong, one senior official talk on Tuesday.

• The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) talk say the approvals show say regulatory processing don fast well well, and e don reduce project delays and costs for operators

• "Year to date, about 39 FDPs don get approval. About 145 new well-drilling approvals don grant. Year to date, about 595 well re-entry approvals don grant," NUPRC Chief Executive Oritsemeyiwa Eyesan talk at one oil conference for Lagos

• Eyesan, wey Ahmad Abdullahi, deputy director of basin administration represent, talk say faster approvals dey help operators push projects wey dem need to meet production targets and support energy availability

• She talk say Nigeria get more than 100 drilling rigs, with 46 active dis year, wey pass 2021 levels by more than 300%

• Eyesan also talk say seismic companies don invest more than $100 million for Nigeria since the Petroleum Industry Act start work three years ago, and e don improve exploration data and support efforts to find new oil and gas reserves

• The regulator also dey work to stop crude theft across the country