(Correct first and second paragraphs to show output from a unit of the Nigerian National Petroleum Co. is 130,000 barrels a day.)
Oil production by the Nigerian Petroleum Development Co., a unit of the state oil company, climbed to 130,000 barrels a day in December, double 2010 output, according to the state oil company.
NPDC is a unit of Nigerian National Petroleum Co.
NPDC plans to drill 40 wells in the next five years as it aims to reach output of 250,000 barrels a day by 2015, spokesman Fidel Pepple said in an e-mailed statement today in Abuja, the nation’s capital.
Output from Nigeria’s Okono 6 and 7 oil fields rose to 12,000 barrels a day, the statement said, without giving a comparative figure.
Total Nigerian crude output was about 1.9 million barrels a day in November, according to estimates compiled by Bloomberg.
NPDC is the exploration and production subsidiary of NNPC.
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