Abuja - Nigeria’s oil and gas reserves in the Niger Delta region are running dry according to recent discoveries.
Exploration and appraisal drilling in the region fell by about 2.2 billion barrels from 2010 to 2013, reports Daily Trust.
George Osahon, the Director, Department of Petroleum Resources (DPR), who made the disclosure, said most of the onshore oil fields in the region are beginning to dry up and there are possibilities that those in shallow waters and deep offshore water are going into decline.
He said Nigeria is sleepwalking into a potential disaster if it does not intensify efforts to explore the hydrocarbon resources in other regions within inland basins and deep offshore.
Read more Daily Trust.
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