| Oloibiri | |
|---|---|
  Location of the Oloibiri oil field within Nigeria | |
| Country | Nigeria |
| Region | Niger Delta |
| Location | Bayelsa State |
| Block | OML29 |
| Offshore/onshore | Onshore |
| Coordinates | 4°41′30.12″N 6°21′33.3″E / 4.6917000°N 6.359250°E |
| Operator | SPDC |
| Partners | Royal Dutch Shell BP (till 1979) |
| Field history | |
| Discovery | 15 January 1956 |
| Start of development | 1956 |
| Start of production | 1958 |
| Peak year | 1964 |
| Abandonment | 1978 |
| Production | |
| Year of current production of oil | 1958 |
| Peak of production (oil) | 5,100 barrels per day (~3.2×105 t/a) |
| Estimated oil in place | 40.94 million barrels (~7.004×106 t) |
| Recoverable oil | 20.06 million barrels (~3.432×106 t) |
| Producing formations | Agbada Formation |
Oloibiri Oilfield is an onshore oilfield located in Oloibiri in Ogbia LGA of Bayelsa State,[1] Nigeria, and was the first to be discovered in that country.[2] It is located about [citation needed]45 miles (72 km) east of Port Harcourt in the Niger Delta.[3] Oloibiri field is about 13.75 square kilometres (5.31 sq mi) and lies in a swamp within OML 29 [4]
Oloibiri Oilfield is named after Oloibiri, ano small, remote creek community, where it is located.[5] In Nigeria, oilfields are usually named after the host community where it is located or a local landmark. Sometimes, oilfields are also given names taken from indigenous languages.[4]
The field is currently operated by Shell Petroleum Development Company[6] of Nigeria Limited (SPDC).[7]The field was originally operated by Shell Darcy. On 30 April 1956, Shell Darcy changed its name to Shell-BP Petroleum Development Company of Nigeria Limited to reflect BP's interest.[citation needed] In 1979, it changed its name again to Shell Petroleum Development Company of Nigeria Limited[8](SPDC) following the nationalisation of BP's interest by the government.[9]
- ^ "Bayelsa State Government – The Glory of all Lands". Archived from the original on 7 March 2022. Retrieved 10 March 2022.
- ^ "Nigeria | History, Population, Flag, Map, Languages, Capital, & Facts | Britannica". Encyclopædia Britannica. Retrieved 9 March 2022.
- ^ "EnergiHub | OLOIBIRI FIELD JANUARY 1956 - NIGERIA'S FIRST COMMERCIAL OIL". www.energihub.com. Retrieved 1 September 2022.
- ^ a b "Oloibiri Oil Field". NrgEdge. Retrieved 16 September 2021.
- ^ "Bayelsa monarch drums support for Oloibiri Oil and Gas festival". Punch Newspapers. 22 May 2017. Retrieved 16 September 2021.
- ^ "The Shell Petroleum Development Company of Nigeria, Limited | UN Global Compact". unglobalcompact.org. Retrieved 11 March 2022.
- ^ "Shell Petroleum Development Co. (SPDC)". Upstream Nigeria Oil & Gas and Energy Directory. 25 April 2018. Retrieved 30 January 2024.
- ^ "Shell Petroleum Development Company of Nigeria Ltd, The". Commonwealth of Nations. Retrieved 10 March 2022.
- ^ "60 YEARS AFTER NIGERIA'S FIRST CRUDE: Oloibiri oil dries up, natives wallow in abject poverty". Vanguard News. 13 March 2016. Retrieved 15 September 2021.