May 17 (Reuters) - Nigeria's oil production has fallen by
almost 40 percent to 1.4 million barrels per day (bpd) due to
militant attacks on pipelines and other oil facilities,
according to the country's oil ministry.
That would the lowest production level in more than 22
years, but according to traders' estimates production might be
even lower at below 1.3 million bpd.
Due to a string of militant attacks on oil infrastructure
and an accident that damaged a pipeline for Exxon (NYSE:XOM) Mobil's
XOM.N Qua Iboe crude oil grade BFO-QUA , Nigeria is missing
some 800,000 bpd. The impacted exports could be smaller
depending on the length of the outages.
Below is a table listing all Nigerian grades and outlining
those affected by pipeline disruption and militancy, based on
information from the companies, oil traders, Nigeria's oil
minister and Reuters estimates.
Grade Typical Issue Productio Expected
exports n impact export
(bpd) on field impact in
(bpd) May (bpd)
Abo 23,000
Agbami 228,000
Amenam 65,000
Antan 32,000
Bonga 190,000 Workers No
evacuated immediate
following impact
militant threat
Bonny 200,000 FORCE MAJEURE - 200,000 80,000,
Light pipeline blast loading
closed Nembe delays of
Creek Trunk five days
line
Brass 120,000 Pipeline fire No
River in April led to further
force majeure, impact
since
lifted[nL5N17I4
CJ]
EA 32,000
Ebok 31,000
Erha 129,000
Escravos 160,000 DECREASED 35,000, 35,000-75,00
PRODUCTION - according 0, loading
spill following to field delays of
militant attack operator 10-15 days
Chevron (NYSE:CVX)
Forcados 250,000 FORCE MAJEURE - 250,000 250,000,
militants earliest
attacked subsea reopening of
pipeline pipeline in
June
Okono 27,000
Okwori 22,000
Oyo 21,000
Pennington 32,000
Qua Iboe 320,000 FORCE MAJEURE - 320,000 160,000-250,
drilling rig 000, loading
damaged delays of
pipeline 10-15 days
Usan 67,000
Yoho 63,000
Total 2 million 805,000