Seplat Energy has announced plans to drill 13 new oil wells in 2025 as part of its strategy to boost production and strengthen Nigeria’s energy sector. The expansion is aimed at increasing crude oil output, optimizing existing assets, and enhancing the company’s contribution to the country’s hydrocarbon industry.
According to Seplat, the new drilling campaign will focus on both onshore and offshore assets, with a mix of development and appraisal wells. The initiative aligns with the company’s long-term growth objectives and Nigeria’s broader efforts to sustain oil production amid fluctuating global energy demand.
Industry analysts believe that Seplat’s investment in new wells could help offset production declines from aging fields while supporting government revenue and foreign exchange earnings. However, they caution that operational challenges such as security risks, regulatory hurdles, and infrastructure constraints could impact project execution.
Seplat has reaffirmed its commitment to responsible and sustainable energy production, emphasizing that the drilling program will incorporate best practices in environmental management and community engagement. As Nigeria seeks to maintain its position as a key oil-producing nation, Seplat’s expansion efforts are expected to contribute significantly to the sector’s overall stability and growth.