NIGERIAN NATIONAL PETROLEUM CORPORATION

MONTHLY PETROLEUM INFORMATION

For further enquires and comments, please contact us at:

E-mail: cpdd@nnpcgroup.com
Website:www.nnpcgroup.com

MARCH 2006

CORPORATE PLANNING & DEVELOPMENT DIVISION (CPDD)

 TABLE OF CONTENTS

Table No. Page No.

Summary .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. … 3
1. Exploration/Drilling Activities by Companies.. .. .. .. .. .. .. .. .. .. .. .. .. 7
2. Summary of Crude Oil Production Compiled From Companies’
Monthly Report .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. …………… 9
3. Crude Oil, Gas and Water Production .. .. .. .. .. .. .. .. .. .. .. .. .. 10

4. Crude Oil Production by Company by Crude Stream .. .. .. .. .. .. .. 21

5. Monthly Crude Oil Exports .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 22

6. Nigeria Crude Oil Exports by Destination .. .. .. .. .. .. .. .. .. .. .. .. 23

7. Federation Accounts Crude Oil Export Receipts .. .. .. .. .. .. .. .. .. .. .. 26

8. Summary of Gas Production and Utilization Compiled From Companies’

Monthly Report .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 28
9. Gas Production and Utilization by Field.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 30

10. Nigerian Gas Company – Gas Sales.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 42

11. Joint Venture Gas Sales Statistics.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 44

12. Refinery Production Returns – Crude Oil Balance ... .. .. .. .. .. .. .. .. .. .. 45

13. Refinery Production Returns – Crude Oil Received ... .. .. .. .. .. . . .. .. .. 49

14. Refinery Production Returns – Crude Oil Processed .. .. .. .. .. .. .. .. .. .. .. 51

15. Refinery Production Returns – Finished Products .. .. .. .. .. .. .. .. .. .. .. 53

16. Refinery Fuel and Loss Statistics .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 55

17. Domestic Consumption of Petroleum Products by States .. .. .. .. .. .. .. .. 56

18. Petroleum Products Distribution by Marketing Companies ... .. .. .. .. .. .. .. 59

19. Distribution of Petroleum by Zones .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . . 60

Glossary of Terms

2
 SUMMARY OF OIL AND GAS INDUSTRY ACTIVITIES FOR THE MONTH OF
MARCH, 2006

1.0 EXPLORATORY/DRILLING ACTIVITIES:

In March, 2006, a total number of twenty four (24) wells were explored and drilled by six (6) Oil
Producing Companies namely: Shell, Mobil, Chevron, NAOC, Elf, and NPDC. Out of these,
twenty two (22) were Development wells and two (2) were Workover wells. Of the development
wells, eleven (11) were completed, one (1) abandoned and ten (10) were in drilling progress. One
of the two (2) workover wells was completed and the other is in drilling progress. (See Table1).

2.0 CRUDE OIL AND CONDENSATE

2.1 Production: Total Crude Oil and Condensate produced in March 2006 was 70,238,568 barrels,
averaging 2.266 million barrels per day (mbd). This showed an increase of 1,325,966 barrels or
1.92% over February, 2006. Bonny Light had the highest production figure of 15,559,972 barrels
averaging 501,935 barrels per day (b/d) or 22.15%. Qua-Iboe Light followed with 12,070,281
barrels averaging 389,369 b/d or 17.18% of the total production. Production of Escravos Light,
Bonga, and Brass Blend was 9,729,215 barrels (313,846 b/d); 6,072,520 barrels (195,888 b/d) and
5,544,943 barrels (178,869 b/d) respectively. The total Alternative Funding crude oil production
during the month is 8,881,956 barrels. The table below shows production of crude oil by stream
with corresponding average daily production and percentages in descending order.
CRUDE OIL PRODUCTION STREAM BY STREAM
Crude Stream Quantity (barrels) Avg Daily Prod. (B/D) Percentage Share(%)
Bonny Light 15,559,972 501,935 22.15
Qua Iboe Light 12,070,281 389,364 17.18
Esravos Light 9,729,215 313,846 13.85
Bonga 6,072,520 195,888 8.65
Brass Blend 5,544,943 178,869 7.89
YOHO (AF) 4,728,365 152,528 6.73
Amenam (AF) 3,423,786 110,445 4.87
Oso Condensate 2,467,234 79,588 3.51
Amenam Blend 2,324,884 74,996 3.31
Antan Blend 2,129,989 68,709 3.03
Okono 1,812,619 58,472 2.58
Pennington Light 1,236,727 39,894 1.76
ABO 896,987 28,935 1.28
OKWB 850,916 27,449 1.21
Esravos Light (AF) 729,805 23,542 1.04
Forcados Blend 471,493 15,209 0.67
ERHA 101,457 3,273 0.14
OBE 72,149 2,327 0.10
IMA 14,683 474 0.02
Ukpokiti 543 18 0.001
EA Crude (AF) 0 0 0.00
TOTAL 70,238,568 2,265,760 100.0

2.2 Lifting (Domestic and Export): In March 2006, a total of 67,219,377 barrels of crude oil and
condensates were lifted for both export and domestic purposes by both NNPC and Oil Producing
Companies.

3
 The Oil Producing Companies, lifted 32,749,489 barrels or 48.72%, while NNPC lifted
34,469,888 barrels or 51.28%. Out of the 32,749,489 barrels lifted for export by the Oil Producing
Companies, the JVCs exported 24,908,963 barrels, PSC/SC companies exported 4,952,551
barrels, while Independent and Sole Risk Company exported 2,887,975 barrels. NNPC liftings
were made up of 20,059,469 barrels, exported on behalf of Federal Government for Federation
Account and 14,410,419 barrels for domestic use distributed as follows:
9 3,172,552 barrels supplied to the local refineries; and
9 11,237,867 barrels exported on behalf of PPMC.
2.3 Alternative Funding Joint Venture Crude Oil Lifting: In March 2006, 9,664,076 barrels of
crude oil were lifted by both NNPC and three (3) Joint Venture Companies, namely: Mobil, Elf
and Chevron. Of this, NNPC lifted 3,447,994 barrels or 35.68%, while the three (3) companies
lifted 6,216,082 barrels or 64.32%. The total lifting of 6,1216,082 barrels was part of total JV
lifting of 32,749,489 barrels, while out of 3,447,994 barrels lifted by NNPC; 2,499,349 barrels
was part of 20,059,469 barrels lifted for export into Federation Accounts and 948,645 barrels was
part of 11,237,867 barrels for PPMC export (see table 4 and table below for more details)
Alternative Funding Crude Lifting:
CRUDE BENEFICIARY QUANTITY (Barrels) PERCENTAGE SHARE (%)
STREAM
EA Shell 0 0
NNPC 0 0
Sub-Total
YOHO Mobil 3,448,543 63.86
NNPC 1,951,765 36.14
Sub-Total 5,400,308
AMENAM Elf 2,000,617 57.21
NNPC 1,496,229 42.79
Sub-Total 3,496,846
ESCRAVOS Chevron 766,922 100.00
NNPC 0 0.00
Sub-Total 766,922
Total Companies 6,216,082 64.32
Total NNPC 3,447,994 35.68
Grand Total 9,664,076 100.00

2.4 Crude Oil Export By Destination: In March, 2006, a total of 64,046,825 barrels of crude oil and
Oso Condensates were exported by NNPC and Oil Producing Companies to five (5) major regions
of the world as follows: North America 33,997,120 barrels or 53.08%; Asia and Far East
9,976,594 barrels or 15.58%; Europe 9,026,958 barrels or 14.09%; South America 5,781,810
barrels or 9.03%. The balance of 5,264,343 barrels or 8.22% was exported to some countries in
Africa (see Table 5 and Figure 2),
2.5 Federation Account Crude Oil Export Receipts: A total of 20,059,469 barrels of Crude Oil and
Oso Condensates was exported with a value of US$1,246.902 million by NNPC for Federation
Account during the month under review. The export sales indicate an average weighted price of
US$62.1603 per barrel (see Table 6a and Figure 3a).

3.0 NATURAL GAS

3.1 Natural Gas Production and Utilization: In March, 2006, nine (9) Oil Producing Companies
produced 177.842 billion Standard Cubic Feet (Bscf) of natural gas. Compared with the February,
2006, figure of 164.689 Billion Standard Cubic Feet (Bscf), there was an increase of 13.153 Bscf
4
 or 7.987%. Out of the quantity produced (excluding Shell’s figure of 57,945,700 mmscf), 51.849
Bscf or 43.25% was flared, while 68.037 Bscf or 56.75% was utilized. Out of the total quantity
utilized, 26.628 Bscf was re-injected, 25.906 Bscf was for NLNG as LNG feedstock and 3.174
Bscf was sold to third parties. The Oil Producing Companies used 5.295 Bscf as fuel gas and
2.005 Bscf as gas lift to enhance condensate production. EPCL took 4.186 Bscf and 0.738 Bscf
for LPG/NGL feedstock and fuel gas respectively. No report on gas utilized and flared from
Shell’s gas production (see Table 7).
3.2 Federal Government Receipts from Gas Export: The sum of US$30.080 million was earned
from export sales of 37,889.39million BTU of LNG Feedstock in March 2006. The sale represents
Federal Government Equity Shares in Shell, Elf and Agip Joint Ventureship. (see Table 6b and
Figure 3b).
3.3 Nigeria Gas Company (NGC) Gas Sales and Transmission: A total of 12.0438 Billion
Standard Cubic Feet (BSCF) of natural gas was sold locally to companies by NGC in March 2006
for N 961.39 million. However, actual revenue received by NGC within the month was N
516.950 million which includes part payment of previous months’ outstanding debts. The
Company also transmitted 0.2740 Million Standard Cubic Feet of natural gas for N 95.754
million. Actual revenue received during the month was N 45.990 million including part payment
of previous months’ outstanding debts (see Table 8a & 8b).
3.4 Joint Venture Domestic Gas Sales: Shell Petroleum Development Company (SPDC) sold
10.284 Billion Standard Cubic Feet (Bscf) of natural gas for N 320.060 million on behalf of Joint
Venture. (NNPC 55%, Shell 30%, Elf 10% and Agip 5%). (See Table 9a).

3.5 Joint Venture Export Gas Sales: Shell exported a total of 36.499 Billion Standard Cubic Feet
(Bscf) of natural gas as feedstock to NLNG at a total sum of US$28.630 million in March, 2006
(See Table 9b).

4.0 REFINERY OPERATIONS

4.1 Crude Oil Balance: In March 2006, the three local refineries (KRPC, PHRC and WRPC) had
274,506 mt of crude oil as opening stock and received 491,884 mt of crude oil into their systems,
including foreign crude oil (Bashra Light). Total available crude oil meant for processing,
therefore, stood at 766,390 mt. Out of this 489,033 mt of crude oil was processed into petroleum
products. Closing stock at the end of the month was 277,357 mt of crude oil. Average
throughput for each refinery in metric tons per day was: KRPC – 1,084, PHRC – 14,692 and
WRPC – 0.00; (see Table 10); thus leaving their respective capacity utilization for the month as
7.22%, 51.30% and 0.00%. (See figure 5). The low capacity utilization for KRPC and zero for
WRPC was as a result of vandalized crude oil pipeline at Escravos.

4.2 Production Returns: The refineries – KRPC, PHRC and WRPC produced 483,265 mt of
intermediate and finished products as against 549,906 mt evacuated by PPMC. The Drum Plant
in KRPC produced 1,056 lube oil drums and out of this 1,650 drums were evacuated during the
month. The low production of Lube Oil drum was due to stock out of Body Coil.

4.3 Refinery Fuel and Loss: The refineries recorded 52,270mt of products as refinery fuel and loss,
which was 9.28% of the total crude processed. Out of this refinery fuel and loss statistics,

5
 43,441mt (7.67%) was used as fuel, while 3,109 mt (0.61%) was flared. The remaining 5,720mt
(1.11%) was recorded as losses (See Table 14).

5.0 DOMESTIC PETROLEUM PRODUCTS DISTRIBUTION:

The Major and Independent Petroleum Products Marketing Companies distributed a total
of 943.28 million litres of different petroleum products in March 2006. This showed an
increase of 127.53 million litres or 15.63% when compared with the total volume
distributed in February 2006 (813.24 million litres). The Major Petroleum Products
Marketing Companies sold 631.82 million litres (66.98% of the total sales) of petroleum
products, while the Independent Petroleum Products Marketing Companies sold the
remaining 311.46 million litres (33.02% of the total sales). In the petroleum products
distribution slate, Premium Motor Spirit (PMS) had the highest figure of 648.25 million
litres (68.72% of the total) reflecting average daily sales of 20.91 million litres.
Automotive Gas Oil (AGO) was second with total sales figure of 132.50 million litres
(14.05%) averaging 4.27 million litres per day while Dual Purpose Kerosine (DPK) came
third with total 66.65 million litres (7.07%) giving an average daily sales of 2.15 million
litres. (Tables 15, 16 and 17 refer). This report does not include fuel figures from
Mobil Oil Nigeria PLC as soon as their figures are made available, this report will
be updated accordingly.

6
 Exploration/Drilling Activities by Company - March, 2006
Table 1

DATE (METRES) (METRES) WELL

COMPANY WELL NAME WELL TYPE LEASE NO. EAST NORTH SPUDDED STATUS

SHELL SOKU 36 Development N/A N/A N/A 5/6/2005 3,155.29 3,155.29 Completed

OVHOR 11 Development N/A N/A N/A 6/1/2006 3,387.24 3,387.24 Completed

UTOROGU 33 Development N/A N/A N/A 8/28/2005 2,478.63 2,478.63 Completed

ZARAMA7 Development N/A N/A N/A 10/18/2005 4,057.80 4,057.80 Completed

MOBIL OSO 67H Development OML 70 572,304.40 3,459.30 5/2/2006 3,647.00 3,647.00 Drilling

AWAWA10A Development OML104 555,424.12 -8,026.44 6/2/2006 2,085.00 2,085.00 Drilling

AWAWA11A Development OML104 555,424.12 -8,026.44 6/2/2006 3,000.00 3,000.00 Drilling

ASASA 27B Development OML 67 619,288.27 7,058.50 12/2/2006 1,360.00 1,360.00 Drilling

UBIT 4ARD Development OML 67 629,018.93 25,553.60 10/2/2006 1,589.00 1,589.00 Drilling

ETIM30B Development OML67 619,319.97 17,302.48 24/09/2005 2,659.00 2,659.00 Completed

USARI 36C Development OML70 591,925.64 26,614.41 16/07/2005 3,521.00 3,521.00 Completed
CHEVRON MEREN-107 Development N/A 274,229.00 196,531.00 N/A 2,246.38 2,246.38 Completed
MEREN-
27ST2H Development N/A 273,606.09 196,902.48 N/A 2,578.61 2,578.61 Completed
DELTA
SOUTH-42I Development N/A 298,313.70 171,435.80 N/A 4,233.67 4,233.67 Completed
DELTA
SOUTH-38 Workover N/A 298,093.50 174,974.70 N/A 3,474.72 3,474.72 Drilling
OKAN-108 Development N/A 298,313.70 178,309.36 N/A 2,255.52 7,400.30 Drilling
MEJI - 51H Development N/A 300,801.00 162,084.00 N/A 909.22 825.09 Drilling
MEJI - 52H Development N/A 300,802.00 162,083.00 N/A 3,489.96 3,448.81 Drilling
MEFA-19D Development N/A 288,733.55 170,235.21 N/A 3,770.38 3,770.38 Drilling
MEFA-19HST Development N/A 288,732.26 170,233.24 N/A N/A N/A Drilling

7
 Exploration/Drilling Activities by Company - March, 2006
Table 1 contd.

NIGERIA COORDINATES
(METRES) DEPTH MONTHLY
REACHED PROGRESS
DATE (METRES) (METRES) WELL
COMPANY WELL NAME WELL TYPE LEASE NO. EAST NORTH SPUDDED STATUS

NAOC IRRI 3 Development N/A N/A N/A 4/24/2005 4,630.00 4,630.00 Completed

OBIAFU 3 Work-over N/A N/A N/A N/A 3,576.00 3,576.00 Completed

TEBIDABA E1 Development N/A N/A N/A 12/22/2005 4,306.00 4,306.00 Drilling

ELF OFON 39 Development OML 102 N/A N/A N/A 2,632.00 2,632.00 Drilling

OBAGI 125 Development OML 58 N/A N/A N/A 4,277.00 4,277.00 Completed

NPDC PINA-1X Development OPL 256 N/A N/A N/A 5,073.40 5,073.40 Abandoned

8
 Table 2 Summary of Crude Oil Production By Field Compiled From
Major Producing Companies' Monthly Report - March, 2006

CRUDE OIL PRODUCTION DAILY AVERAGE % OF TOTAL

NUMBER OF (BARREL) PRODUCTION
COMPANY WELLS bbls m3

JOINT VENTURE COMPANIES:

SHELL 426 13,451,826 2,138,665 433,930 23.17

MOBIL N/A 19,289,053 3,066,709 622,228 33.23

CHEVRON 322 11,847,737 1,883,636 382,185 20.41

ELF 130 6,690,987 1,063,780 215,838 11.53

NAOC 222 4,570,437 726,640 147,433 7.87

TEXACO 32 392,727 62,438 12,669 0.68

PAN-OCEAN * 0 - - 0 -

Sub - Total 1,132 56,242,767 8,941,869 1,814,283 96.88

PROD. SHARING
COMPANIES:

ADDAX * 0 0 0 0 0.00

Sub - Total 0 0 0 0 0.00

INDEPENDENTS/SOLE RISK

NPDC 9 1,812,619 288,183 58,472 3.12

Sub - Total 9 1,812,619 288,183 58,472 3.12

GRAND- TOTAL 1,141 58,055,386 9,230,052 1,872,754 100.00

NOTE: This does not include information from other nine (9) indigenous and production sharing companies.
Also, the figures are primary data (not fiscalised) and therefore might not completely tally with figures in Table 3.
* No report from Addax while no production from Pan Ocean due to Niger Delta Militant Disturbances
9
 Crude oil, Gas and Water Production - March, 2006
Table 2a Company: Shell

QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED

NUMBER OF
NAME OF FIELD API GAS/OIL
WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO
ABIGBORODO 0 - - - - 0 -
ABURA 0 - - - - - - 0.00 -
AFIESERE 0 - - - - - - 0 -
AFREMO 0 - - - - - - 0 -
AGBAYA 0 - - - - - - 0.00 -
AJATITON 0 - - - - - - 0.00 -
AJUJU 0 - - - - - - 0 -
AKONO 0 - - - - - - 0 -
AMUKPE 0 - - - - - - 0 -
BATAN 0 - - - - - - 0 -
BENISEDE 0 - - - - - - 0 -
EGWA 0 - - - - - - 0 -
ERIEMU 0 - - - - - - 0.00 -
ESCRAVOS BEACH 0 - - - - - - 0 -
EVWRENI 0 - - - - - - 0 -
FORCADOS YOKRI 10 1,750 278 98,550 2,790,626 - - 25.49 10,030.02
ISOKO 0 - - - - - - 0 -
JONES CREEK 0 - - - - - - 0 -
KANBO 0 - - - - - - 0.00 -
KOKORI 0 - - - - - - 0 -
OBEN 11 6,681 1,062 3,136,908 88,827,353 - - 44.01 83,626.45
ODIDI 0 - - - - - - 0 -
OGBOTOBO 0 - - - - - - 0.00 -
OGINI 0 - - - - - - 0.00 -
OLOMORO/OLEH 0 - - - - - - 0 -
OPUKUSHI NORTH 0 - - - - - - 0 -
OPOMOYO 0 - - - - - - 0 -
OPUAMA 0 - - - - - - 0 -
OPUKUSHI 0 - - - - - - 0.00 -
ORONI 0 - - - - - - 0 -
OSIOKA 0 - - - - - - 0 -
OTUMARA 0 - - - - - - 0 -
OVHOR 8 7,194 1,144 3,058 86,593 - - 47.31 75.71

No report of water production and gas disposal

10
 Crude oil, Gas and Water Production - March, 2006
Table 2a cont’d. Company: Shell

QTY OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED

NUMBER OF API GAS/OIL
WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO

OWEH 0 - - - - - - 0.00 -
SAGHARA 0 - - - - - - 0.00 -
SAPELE 9 2,663 423 22,392 634,071 - - 37.96 1,497.63
SEIBOU 0 - - - - - - 0.00 -
TUNU 0 - - - - - - 0.00 -
UBEFAN 0 - - - - - - 0.00 -
UGHELLI EAST 9 119,790 19,045 2,339,918 66,259,107 - - 40.26 3,479.07
UGHELLI WEST 0 - - - - - - 0.00 -
UTOROGO 16 77,075 12,254 7,857,389 222,496,506 - - 33.82 18,157.17
UZERE EAST 0 - - - - - - 0.00 -
UZERE WEST 0 - - - - - - 0.00 -
WARRI RIVER 0 - - - - - - 0.00 #DIV/0!
ADIBAWA 10 129,426 20,577 142,356 4,031,073 - - 24.85 195.90
ADIBAWA N/EAST 2 139,647 22,202 144,546 4,093,087 - - 27.49 184.36
AFAM 0 - - - - - - 0.00 #DIV/0!
AGBADA 33 688,997 109,542 158,860 4,498,415 - - 23.38 41.07
AHIA 4 105,037 16,700 137,592 3,896,172 - - 36.31 233.31
AKASO 10 621,903 98,874 838,431 23,741,725 - - 39.29 240.12
ALAKIRI 6 51,069 8,119 107,775 3,051,849 - - 40.92 375.88
APARA 0 - - - - - - 0.00 #DIV/0!
ASARITORU 0 - - - - - - 0.00 #DIV/0!
ASSA 0 - - - - - - 0.00 #DIV/0!
AWOBA N/WEST 1 226,606 36,027 88,405 2,503,351 - - 27.88 69.48
AWOBA 7 1,023,655 162,748 923,123 26,139,936 - - 43.80 160.62
BELEMA 11 938,591 149,224 622,260 17,620,443 - - 31.27 118.08
BONNY 10 122,941 19,546 11,795,883 334,022,250 - - 28.72 17,089.02
BONNY NORTH 1 187,731 29,847 81,228 2,300,121 - - 36.87 77.06
BUGUMA CREEK 0 - - - - - - 0.00 #DIV/0!
CAWTHORNE CHANNEL 25 1,434,989 228,145 2,858,418 80,941,394 - - 38.82 354.78
DIEBU CREEK 9 391,849 62,299 640,961 18,149,996 - - 39.39 291.34
EGBEMA 3 71,512 11,369 28,124 796,383 - - 41.45 70.05
EGBEMA WEST 4 164,752 26,193 186,682 5,286,246 - - 41.74 201.82
EKULAMA 15 539,766 85,816 354,391 10,035,237 - - 28.98 116.94

No report of water production and gas disposal.

11
 Table 2a cont’d. Crude oil, Gas and Water Production - March, 2006
Company: Shell

QTY OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER RODUCED

NAME OF FIELD NUMBER OF API GAS/OIL
WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO

SAPELE 9 2,663 423 22,392 634,071 - - 37.96 1,497.63

UGHELLI EAST 9 119,790 19,045 2,339,918 66,259,107 - - 40.26 3,479.07

UGHELLI WEST 0 - - - - - - 0.00 -

UTOROGO 16 77,075 12,254 7,857,389 222,496,506 - - 33.82 18,157.17

ADIBAWA 10 129,426 20,577 142,356 4,031,073 - - 24.85 195.90

ADIBAWA N/EAST 2 139,647 22,202 144,546 4,093,087 - - 27.49 184.36

AGBADA 33 688,997 109,542 158,860 4,498,415 - - 23.38 41.07

AHIA 4 105,037 16,700 137,592 3,896,172 - - 36.31 233.31

AKASO 10 621,903 98,874 838,431 23,741,725 - - 39.29 240.12

ALAKIRI 6 51,069 8,119 107,775 3,051,849 - - 40.92 375.88

AWOBA N/WEST 1 226,606 36,027 88,405 2,503,351 - - 27.88 69.48

AWOBA 7 1,023,655 162,748 923,123 26,139,936 - - 43.80 160.62

BELEMA 11 938,591 149,224 622,260 17,620,443 - - 31.27 118.08

BONNY 10 122,941 19,546 11,795,883 334,022,250 - - 28.72 17,089.02

BONNY NORTH 1 187,731 29,847 81,228 2,300,121 - - 36.87 77.06

CAWTHORNE CHANNEL 25 1,434,989 228,145 2,858,418 80,941,394 - - 38.82 354.78

DIEBU CREEK 9 391,849 62,299 640,961 18,149,996 - - 39.39 291.34

EGBEMA 3 71,512 11,369 28,124 796,383 - - 41.45 70.05

EGBEMA WEST 4 164,752 26,193 186,682 5,286,246 - - 41.74 201.82

EKULAMA 15 539,766 85,816 354,391 10,035,237 - - 28.98 116.94

12
 Crude oil, Gas and Water Production - March, 2006
Table 2a cont’d. Company: Shell

QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED

NAME OF FIELD NUMBER OF API GAS/OIL
WELL GRAVITY RATIO
bbls m3 mscf m3 bbls m3

ELELENWA 2 203,660 32,379 151,540 4,291,135 - - 39.39 132.53

ETELEBOU 7 251,567 39,996 252,586 7,152,440 - - 34.05 178.83

GBARAN 4 169,252 26,909 331,261 9,380,268 - - 34.21 348.59

IMO RIVER 34 752,596 119,653 441,573 12,503,956 - - 31.55 104.50

ISIMIRI 4 84,701 13,466 177,390 5,023,126 - - 26.44 373.01

KOLO CREEK 5 88,262 14,033 284,482 8,055,634 - - 39.65 574.07

KRAKAMA 5 110,836 17,621 82,086 2,324,417 - - 30.67 131.91

MINI NTA 6 306,836 48,783 208,929 5,916,211 - - 39.12 121.28

NEMBE CREEK EAST 1 23,907 3,801 122,027 3,455,420 - - 37.35 909.11

NEMBE CREEK 34 1,580,115 251,218 1,003,608 28,419,017 - - 28.61 113.13

NKALI 4 61,671 9,805 436,940 12,372,764 - - 40.54 1,261.90

NUN RIVER 7 262,009 41,656 243,957 6,908,094 - - 25.24 165.84

OBELE 3 61,314 9,748 47,321 1,339,982 - - 24.39 137.46

OBIGBO NORTH 33 680,414 108,177 3,146,275 89,092,597 - - 26.3 823.58

ODEAMA CREEK 4 206,214 32,785 235,460 6,667,486 - - 32.02 203.37

OGUTA 12 217,620 34,599 1,802,932 51,053,355 - - 42.77 1,475.58

ORUBIRI 1 34,338 5,459 21,420 606,547 - - 25.03 111.10

OTAMINI 2 137,734 21,898 144,507 4,091,983 - - 20.98 186.87

RUMUEKPE 1 11,940 1,898 5,483 155,261 - - 29.30 81.79

SANTA BARBARA 5 449,556 71,474 327,861 9,283,991 - - 30.52 129.89

SOKU 30 539,642 85,796 15,624,991 442,450,526 - - 42.4 5,157.00

UBIE 3 53,294 8,473 65,872 1,865,288 - - 26.37 220.14

UGADA 1 31,021 4,932 123,743 3,504,012 - - 40.85 710.47

UMUECHEM 4 79,703 12,672 96,206 2,724,251 - - 36.75 214.99

TOTAL 426 13,451,826 2,138,665 57,945,700 1,640,839,695 - - 767.23

NOTE: Total Oil Produced includes Condensate production.

No report of water production and gas disposal.

13
 Crude oil, Gas and Water Production - March, 2006
Table 2b Company: Mobil
QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED
NAME OF FIELD API GAS/OIL
bbls m3 mscf m3 bbls m3 GRAVITY RATIO

ADUA 253,962 40,377 260,039 7,363,471 672,944 106,989 28.00 182.37

ASASA 1,054,284 167,617 2,277,911 64,503,267 - - 33.00 384.82

EDOP 1,495,583 237,778 5,928,836 167,885,965 256,431 40,769 34.00 706.06

EKPE 93,806 14,914 59,166 1,675,395 389,659 61,951 26.00 112.34

EKPE WW 102,688 16,326 26,353 746,237 240,089 38,171 21.00 45.71

EKU 184,466 29,328 209,723 5,938,706 33,283 5,292 33.00 202.49

ENANG 734,060 116,706 857,667 24,286,419 239,976 38,153 33.00 208.10

ETIM/ETIMC 1,253,532 199,295 1,509,727 42,750,721 86,422 13,740 35.00 214.51

IDOHO 294,628 46,842 536,109 15,180,918 141,656 22,521 39.00 324.09

IDOHO-NORTH 113,287 18,011 106,331 3,010,956 70,805 11,257 39.00 167.17

INANGA 135,729 21,579 117,880 3,337,996 181,836 28,910 35.00 154.69

INIM 264,365 42,031 129,625 3,670,569 168,041 26,716 32.00 87.33

ISOBO 38,020 6,045 2,265 64,129 - - 32.00 10.61

IYAK 62,143 9,880 27,199 770,196 71,264 11,330 34.00 77.96

IYAK SE 1,129 179 533 15,096 - - 0.00 84.10

MFEM 103,424 16,443 102,957 2,915,429 72 11 36.00 177.30

OSO 2,467,170 392,248 16,257,815 460,370,106 - - 47.00 1,173.67

UBIT 2,036,760 323,818 2,794,697 79,137,016 694,698 110,448 32.00 244.39

UNAM 945,517 150,325 590,931 16,733,304 136,249 21,662 33.00 111.31

USARI 2,784,201 442,652 4,437,930 125,668,207 1,635,954 260,095 24.00 283.90

UTUE 98,941 15,730 289,195 8,189,103 129,608 20,606 34.00 520.59

YOHO 3,932,444 625,207 2,716,602 76,925,624 115,560 18,373 38.90 123.04

AWAWA 838,914 133,376 860,360 24,362,673 24,032 3,821 38.90 182.66

TOTAL 19,289,053 3,066,709 40,099,852 1,135,501,503 5,288,579 840,815 370.27

14
 Crude oil, Gas and Water Production - March, 2006
Table 2c Company: Chevron

QTY.OF OIL PRODUCED QTY. OF GAS PRODUCED

NAME OF FIELD NUMBER OF QTY OF WATER PRODUCED API GAS/OIL
WELL bbls m3 mscf m3 bbls m3 GRAVITY RATIO

ABITEYE 7 69,196 11,001 186,515 5,281,517 87,859 13,968 33.30 480.08

UTONANA 5 173,508 27,586 252,275 7,143,633 11,275 1,793 39.10 258.96
DIBI 6 427,449 67,959 209,570 5,934,362 8,198 1,303 36.00 87.32
JISIKE 4 71,343 11,343 71,343 2,020,209 33,338 5,300 35.20 178.11
ROBERKIRI 11 488,103 77,602 1,010,843 28,623,890 252,803 40,192 33.90 368.85
IDAMA 5 253,290 40,270 397,836 11,265,462 26,412 4,199 29.70 279.75
BALEMA UNIT 1 84,473 13,430 - - - - NA 0.00
JOKKA 1 2,853 454 3,385 95,853 1,223 194 19.50 211.32
BENIN RIVER 9 820,164 130,395 499,560 14,145,966 110,119 17,507 0.00 108.49
GBOKODA 2 86,080 13,686 - - 6,552 1,042 0.00 0.00
DELTA SOUTH 19 568,197 90,336 1,484,304 42,030,814 322,174 51,221 38.20 465.27
DELTA 22 837,140 133,094 2,138,967 60,568,808 483,665 76,896 36.80 455.08
ISAN 3 68,536 10,896 109,559 3,102,366 59,242 9,419 34.00 284.72
WEST ISAN 3 17,413 2,768 164,398 4,655,234 69,003 10,971 36.70 1681.54
EWAN 13 492,498 78,301 145,117 4,109,256 221,894 35,278 19.90 52.48
OKAN 62 1,804,731 286,929 5,917,349 167,560,684 575,799 91,545 36.80 583.98
MEFA 10 325,336 51,724 1,337,743 37,880,668 180,088 28,632 35.70 732.36
MEJI 34 1,636,234 260,140 1,943,905 55,045,266 931,872 148,156 31.20 211.60
MEREN 60 2,045,050 325,136 2,014,744 57,051,204 1,400,182 222,611 32.00 175.47
OKAGBA 1 6,948 1,105 5,453 154,412 113 18 37.60 139.78
TAPA 4 48,399 7,695 540,289 15,299,283 41,011 6,520 26.60 1988.26
PARABE/EKO 16 275,321 43,772 931,226 26,369,387 339,461 53,970 31.80 602.42
MALU 10 298,671 47,485 524,835 14,861,674 192,190 30,556 38.70 312.98
INDA 6 553,784 88,044 632,597 17,913,154 34,907 5,550 45.20 203.46
MEJO 3 236,628 37,621 99,895 2,828,712 21,548 3,426 25.60 75.19
KITO 1 23,286 3,702 5,196 147,134 1,486 236 19.50 39.74
OPOLO 4 133,106 21,162 295,147 8,357,633 170,987 27,185 38.90 394.93
TOTAL 322 11,847,737 1,883,636 20,922,051 592,446,580 5,583,401 887,688 314.52

15
 Crude oil, Gas and Water Production - March, 2006
Table 2d Company: Elf

QTY. OF OIL QTY. OF GAS

NUMBER PRODUCED PRODUCED QTY. OF WATER
NAME OF FIELD OF PRODUCED API GAS/OIL
WELL GRAVITY RATIO
bbls m3 mscf m3 bbls m3

OBAGI 51 551,270 87,645 1,539,652 43,598,100 964,772 153,368 32.64 497.44

OLO 4 35,313 5,614 69,085 1,956,280 141,479 22,491 32.64 348.45

IBEWA
CONDENSATES 7 289,344 46,002 4,090,395 115,827,114 - - 32.64 2,517.87

IBEWA OIL 1 4,379 696 105,358 2,983,400 5,694 905 32.64 4,285.24

OBAGI DEEP 1 60,367 9,598 1,116,024 31,602,280 - - 32.64 3,292.74

OBAGI GAS-CAP 2 - - 493,782 13,982,350 - - 32.64 -

AFIA 7 163,712 26,028 41,892 1,186,240 312,149 49,622 39.88 45.58

EDIKAN 8 403,175 64,100 234,168 6,630,910 154,504 24,561 39.88 103.45

IME 8 223,745 35,573 73,639 2,085,230 421,604 67,022 39.88 58.62

ODUDU 4 43,726 6,952 291,601 8,257,220 124,965 19,865 39.88 1,187.77

OFON 17 1,490,526 236,974 1,670,330 47,298,470 55,701 8,855 39.88 199.59

AMENAMKPONO 20 3,425,430 544,599 11,318,999 320,518,410 227,257 36,127 39.88 588.54

TOTAL 130 6,690,987 1,063,780 21,044,926 595,926,004 2,408,124 382,816 560.20

16
 Crude oil, Gas and Water Production - March, 2006
Table 2e Company: NAOC

QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED QTY. OF WATER PRODUCED

NAME OF FIELD NUMBER OF API GAS/OIL
WELL GRAVITY RATIO
bbls m3 mscf m3 bbls m3
AFUO 2 72627 11,547 31,687 897,276 29,414 4,676 28.00 77.71
AGWE 2 9,965 1,584 319,252 9,040,211 566 90 53.70 5,706.10
AKRI 9 178,823 28,431 1,505,207 42,622,721 400,614 63,692 41.90 1,499.19
AZUZUAMA 2 20,071 3,191 2,567 72,689 41,544 6,605 36.50 22.78
BENIBOYE 5 20,609 3,277 37,994 1,075,870 15,830 2,517 26.00 328.35
BENIKU 2 102,478 16,293 108,339 3,067,819 4,040 642 44.10 188.29
CLOUGH CREEK 9 89,823 14,281 45,215 1,280,346 56,380 8,964 34.40 89.66
EBEGORO 6 131,995 20,985 985,233 27,898,695 4,712 749 34.30 1,329.43
EBOCHA 19 165,986 26,390 2,545,035 72,067,374 387,465 61,602 31.10 2,730.90
IDU 10 548,469 87,199 1,684,572 47,701,773 211,422 33,613 35.50 547.04
IRRI 1 17,374 2,762 1,294,015 36,642,429 1,032 164 40.30 13,265.48
KWALE 12 119,150 18,943 4,391,225 124,345,660 127,785 20,316 35.80 6,564.10
KWALE EAST 0 - - - - - - 0.00 #DIV/0!
MBEDE 21 267,646 42,552 4,983,501 141,117,050 191,016 30,369 40.60 3,316.33
NIMBE SOUTH 3 210,141 33,410 75,977 2,151,429 8,073 1,284 18.10 64.40
OBAMA 12 92,528 14,711 453,252 12,834,669 161,535 25,682 29.80 872.47
OBIAFU 30 469,050 74,573 8,327,332 235,803,811 169,047 26,876 41.80 3,162.06
OBRIKOM 14 166,769 26,514 2,667,231 75,527,580 218,977 34,814 38.50 2,848.58
OGBAINBIRI 11 476,205 75,710 453,413 12,839,228 75,192 11,955 29.20 169.58
OGBOGENE 2 67,180 10,681 16,661 471,787 3,646 580 30.60 44.17
OKPAI 7 89,001 14,150 771,348 21,842,146 6,553 1,042 43.00 1,543.61
OMOKU WEST 1 22,764 3,619 229,412 6,496,225 48,374 7,691 35.30 1,794.94
OSHI 15 362,261 57,595 3,609,795 102,218,024 249,290 39,634 32.50 1,774.78
OSIAMA CREEK 2 99,969 15,894 38,358 1,086,178 - - 26.00 68.34
PIRIGBENE 2 9,984 1,587 35,784 1,013,290 26,638 4,235 25.30 638.36
SAMABIRI EAST 7 334,502 53,181 658,600 18,649,477 15,155 2,409 35.70 350.68
TAYLOR CREEK 1 7,116 1,131 243,805 6,903,790 116 18 38.00 6,102.25
TEBIDABA 12 355,548 56,528 425,624 12,052,331 121,102 19,254 27.20 213.21
UMUORU 3 62,403 9,921 79,196 2,242,581 47,995 7,631 27.60 226.04
TOTAL 222 4,570,437 726,640 36,019,630 #VALUE! 2,623,513 417,104 #VALUE!

17
 Crude oil, Gas and Water Production - March, 2006
Table 2f Company: Texaco

QTY. OF OIL QTY. OF GAS QTY. OF WATER

NAME OF NUMBER PRODUCED PRODUCED PRODUCED
FIELD OF API GAS/OIL
WELL GRAVITY RATIO

bbls m3 mscf m3 bbls m3

PENNINGTON 4 27,480 4,369 68,725 1,946,076 30,597 4,865 36.40 445.43

MIDDLETON - - - - - - - 0.00 0.00

NORTH APOI 17 152,200 24,198 155,165 4,393,784 234,029 37,208 33.10 181.58

FUNIWA 11 213,047 33,872 302,328 8,560,977 254,979 40,538 33.00 252.75

TOTAL 32 392,727 62,438 526,218 14,900,836 519,605 82,610 238.65

18
 Table 2g Crude oil, Gas and Water Production - March, 2006
Company: Pan Ocean

QTY. OF OIL QTY. OF GAS QTY. OF WATER

NAME OF NUMBER PRODUCED PRODUCED PRODUCED
FIELD OF API GAS/OIL
WELL GRAVITY RATIO

bbls m3 mscf m3 bbls m3

ASABORO
SOUTH 0 - - - - - - 48.40 #DIV/0!

OGHAREFE 0 - - - - - - 46.10 #DIV/0!

OLOGBO 0 - - - - - - 51.10 #DIV/0!

ONA 0 - - - - - - 52.90 #DIV/0!

OSSIOMO 0 - - - - - - 51.00 #DIV/0!

TOTAL 0 - - - - - - #DIV/0!
No production during the month due to Niger Delta Militant disturbances

19
 Crude oil, Gas and Water Production - March, 2006
Table 2h Company: Addax

QTY. OF OIL QTY. OF GAS QTY. OF WATER

NUMBER PRODUCED PRODUCED PRODUCED
NAME OF FIELD OF API GAS/OIL
WELL GRAVITY RATIO
bbls m3 mscf m3 bbls m3
ADANGA 0 - - - - - - 30.10 #DIV/0!
ADANGA SOUTH 0 - - - - - - 30.10 #DIV/0!
ADANGA SOUTH
WEST 0 - - - - - - 30.10 #DIV/0!
AKAM 0 - - - - - - 33.58 #DIV/0!
BOGI 0 - - - - - - 22.64 #DIV/0!
EBUGHU 0 - - - - - - 22.64 #DIV/0!
EBUGHU EAST 0 - - - - - - 22.64 #DIV/0!
EBUGHU NORTH
EAST 0 - - - - - - 22.64 #DIV/0!
EBUGHU SOUTH 0 - - - - - - 22.64 #DIV/0!
MIMBO 0 - - - - - - 32.99 #DIV/0!
UKPAM 0 - - - - - - 0.00 #DIV/0!
NORTH ORON 0 - - - - - - 27.00 #DIV/0!
ORON WEST 0 - - - - - - 35.52 #DIV/0!
IZOMBE 0 - - - - - - 35.19 #DIV/0!
OSSU 0 - - - - - - 35.19 #DIV/0!
OKWORI 0 - - - - - - 37.61 #DIV/0!
NDA 0 - - - - - - 37.61 #DIV/0!
TOTAL 0 - - - - - - #DIV/0!
No report from the company

20
 Crude oil, Gas and Water Production - March, 2006
Table 2i Company: NPDC

QTY. OF WATER
NUMBER QTY. OF OIL PRODUCED QTY. OF GAS PRODUCED PRODUCED
NAME OF FIELD OF API GAS/OIL
WELL GRAVITY RATIO

bbls m3 mscf m3 bbls m3

ABURA 0 - - - - - - 0 #DIV/0!

OREDO 0 - - - - - - 0 #DIV/0!

OZIENGBE
SOUTH 0 - - - - - - 0 #DIV/0!

OKONO/OKPOHO 9 1,812,619 288,183 1,283,136.00 36,334,369.64 928 148 41.3 126.08

TOTAL 9 1,812,619 288,183 1,283,136 36,334,370 928 148 126.08

No Forcados Blend (Abura, Oredo, Oziengbe fields) production due to Niger Delta Militant crisis.

21
 Crude Oil Production by Company, Crude Stream - March, 2006
Table 3 (Barrels)
Forcados Escravos Pennington Amenam Qua- Iboe
CRUDE STREAM Blend Bonny Light Brass Blend Light Light Antan Blend Blend IMA Light Oso UKPOKITI
Condensate
COMPANY
JOINT VENTURE
COMPANIES:

SHELL 215,176 13,154,447 818,000

MOBIL 12,070,281 2,467,234

CHEVRON 0 1,382,503 71,343 9,664,084

ELF 235,728 947,868 2,324,884

NAOC/PHILLIPS 20,589 4,195,393
CHEVRON/TEXACO 389,763

PAN - OCEAN -
SUB TOTAL 471,493 15,484,818 5,084,736 9,664,084 389,763 - 2,324,884 - 12,070,281 2,467,234 -
PROD. SHARING COMPANIES

ADDAX 104,557 1,621,834

ESSO EXP. & PRO. NIG
LTD
NAE
SNEPCO
SUB TOTAL - - 104,557 - - 1,621,834 - - - - -

SERVICE CONTRACT: -
AENR 355,650
SUB TOTAL - - 355,650 - - - - - - - -
INDEPENDENTS/SOLE RISK:
NPDC/AENR

NPDC -

DUBRI 5,383

CONSOLIDATED 59,748

EXPRESS PETROLEUM -

AMNI 14,683
CAVENDISH
PETROLEUM

ATLAS - 543

CONTINENTAL OIL - 846,964

MONIPULO 508,155

NIGER DELTA PET. RES. 75,154

SUB TOTAL - 75,154 - 65,131 846,964 508,155 - 14,683 - - 543

GRAND TOTAL 471,493 15,559,972 5,544,943 9,729,215 1,236,727 2,129,989 2,324,884 14,683 12,070,281 2,467,234 543
PERCENTAGE SHARE
0.67 22.15 7.89 13.85 1.76 3.03 3.31 0.02 17.18 3.51 0.001

Source: COMD 22
 Table 3 Crude Oil Production by Company, Crude Stream - March, 2006
cont’d (Barrels)
EA Crude Amenam
CRUDE STREAM OKONO (af) YOHO (af) (af) ESC (af) ABO OBE OKWB BONGA ERHA Total PERCENTAGE
SHARE
COMPANY
JOINT VENTURE
COMPANIES:

SHELL - 14,187,623 20.20

MOBIL 4,728,365 19,265,880 27.43

CHEVRON 729,805 11,847,735 16.87

ELF 3,423,786 6,932,266 9.87

NAOC/PHILLIPS 4,215,982 6.00

TEXACO 389,763 0.55

PAN - OCEAN 0 0.00

SUB TOTAL - - 4,728,365 3,423,786 729,805 - - - - - 56,839,249 80.92

PROD. SHARING COMPANIES

ADDAX 850,916 2,577,307 3.67

ESSO EXP. & PRO. NIG
LTD 101,457 101,457 0.14

NAE 896,987 896,987 1.28

SNEPCO 6,072,520 6,072,520 8.65

SUB TOTAL - - - - - 896,987 - 850,916 6,072,520 101,457 9,648,271 13.74

SERVICE CONTRACT:

AENR 355,650 0.51

SUB TOTAL - - - - - - - - - - 355,650 0.51

INDEPENDENTS/SOLE RISK:

NPDC/AENR 1,812,619 1,812,619 2.58

NPDC 0 0.00

DUBRI 5,383 0.01

CONSOLIDATED 59,748 0.09

EXPRESS PETROLEUM 0 0.00

AMNI 14,683 0.02

CAVENDISH PETROLEUM 72,149 72,149 0.10

ATLAS 543 0.00

CONTINENTAL OIL 846,964 1.21

MONIPULO 508,155 0.72

NIGER DELTA PET. RES. 75,154 0.11

SUB TOTAL 1,812,619 - - - - - 72,149 - - - 3,395,398 4.83

GRAND TOTAL 1,812,619 0 4,728,365 3,423,786 729,805 896,987 72,149 850,916 6,072,520 101,457 70,238,568 100.00
PERCENTAGE SHARE
2.58 0.00 6.73 4.87 1.04 1.28 0.10 1.21 8.65 0.14 100.00

Source: COMD
Note: (af) means Alternative Funding Joint Venture. 23
 Table 4 Monthly Crude Oil Liftings (Domestic & Export) - March, 2006
(Barrels)

NNPC LIFTINGS
COMPANY **DOMESTIC ALLOCATION EXPORT NNPC TOTAL COMPANY LIFTINGS TOTAL LIFTINGS % DISTRIBUTION
JVC :

SHELL 5,573,254 3,543,787 9,117,041 4,802,106 13,919,147

*EXXONMOBIL 905,000 10,197,129 11,102,129 10,630,802 21,732,931

CHEVRONTEXACO 6,035,827 1,295,424 7,331,251 4,380,872 11,712,123

ELF 948,645 2,316,528 3,265,173 2,955,082 6,220,255

NAOC/ PHILLIPS 249,654 1,858,894 2,108,548 2,140,101 4,248,649

Sub - Total 13,712,380 19,211,762 32,924,142 24,908,963 57,833,105 86.04

PSC :

ADDAX - 847,707 847,707 1,043,893 1,891,600

SNEPCO - - 2,992,399 2,992,399

NAE 698,039 - 698,039 - 698,039

Sub - Total 698,039 847,707 1,545,746 4,036,292 5,582,038 8.30

SERVICE CONTRACT:

AENR - - - 916,259 916,259

Sub - Total - - - 916,259 916,259 1.36

INDEPENDENT/SOLE RISK:

CONSOLIDATED - - 50,000 50,000

CONTINENTAL - - 949,685 949,685

DUBRI - 10,000 10,000

NPDC/AENR - 1,250,261 1,250,261

NIG.DELTA PET . RES. LTD - 100,000 100,000

MONI PULO - - 528,029 528,029

Sub - Total - - - 2,887,975 2,887,975 4.30

GRAND-TOTAL
14,410,419 20,059,469 34,469,888 32,749,489 67,219,377 100.00
Source: COMD
*Mobil Lifting includes 2,698,963 bbls of Oso Condensate.
3 172 552 bbls were supplied to the Refineries 24
 Figure 1: Monthly Crude Oil Liftings Pie Charts: March, 2006

TOTAL LIFTINGS JVCs AND NNPC LIFTINGS

PSC/INDEPENDENTS/S
OLE RISK/SERVICE
CONTRACT
11.66%

JV C LIFTING
4 1.9 5%

NNPC
51.28%
NNPC LIFTING
58 .0 5%

JVC
37.06%

25
 Table 5 Nigeria Crude Oil Exports by Destination - March, 2006.

REGION/COUNTRY QUANTITY (bbls) % Distribution

NORTH AMERICA:
Canada 1,878,753
U.S.A 32,118,367
SUB-TOTAL: North America 33,997,120 53.08
SOUTH AMERICA:
Argentina -
Brazil 4,807,448
Chile 974,362
SUB-TOTAL: South America 5,781,810 9.03
CARRIBBEAN ISLAND:
Virgin Island -
EUROPE:
Germany 1,994,857
France 2,093,170
Italy 2,046,877
Netherlands 997,112
Portugal -
Spain 1,894,942
Sweden -
United Kingdom -
Switzerland -
SUB-TOTAL: Europe 9,026,958 14.09
ASIA & FAR EAST:
Australia -
Japan 501,799
Singapore -
India 9,474,795
Indonesia
Korea
Taiwan
SUB-TOTAL: Asia & Far East 9,976,594 15.58
AFRICA:
Ghana 848,011
Ivory Coast 1,019,212
Senegal 850,259
Cameroun 647,822
South Africa 1,899,039
SUB-TOTAL: Africa 5,264,343 8.22
Others -
GRAND-TOTAL 64,046,825 100.00

Source: COMD

26
 Figure 2: Crude Oil Exports by Destination: March, 2006

35

30

25

20
m b b ls

15

10

0
NORTH AMERICA SOUTH AMERICA EUROPE ASIA & FAR EAST AFRICA

Region

27
 Federation Accounts Crude Oil Export Receipts: March, 2006.
Table 6a

Crude type Quantity Proceeds Average Weighted price

(bbls) (US Dollars) US Dollar/Barrel

Qua-Iboe Light 7,248,252 451,950,160.44 62.3530

Bonny Light 6,169,075 386,362,323.58 62.6289

Amenam Blend 399,332 24,711,462.83 61.8820

Brass Blend 950,000 57,748,600.00 60.7880

Amenam (AF) 1,496,229 93,127,623.04 62.2416

Yoho Light 1,951,762 122,691,211.02 62.8618

Antan Blend 847,707 48,724,587.24 57.4781

Oso Condensate 997,112 61,585,625.57 61.7640

Total 20,059,469 1,246,901,593.72 62.1602

Table 6b Gas Exports: March, 2006.

Producer Quantity Proceeds Average Weighted Price

Gas Sales (Metric Tonnes) (Us Dollars) (US Dollar/Metric Ton)
Mobil (NGL) - - -
Chevron (LPG) - - -
Sub-Total - - -
(BTU) (Us Dollars) (US Dollar/BTU)
*NLNG Feedstock (Gas Sales) Shell 20,074,808.3300 15,746,692.300 0.784
Totalfina 4,785,547.4100 4,113,121.190 0.859
NAOC 13,029,034.6100 10,219,982.950 0.784
Sub-Total 37,889,390.3500 30,079,796.440 0.794
TOTAL 30,079,796.44
NOTE: *The shares of Federal Government in the Companies
SOURCE: COMD

28
 Figure 3a: NIGERIA CRUDE OIL AVERAGE WEIGHTED PRICE: April, 2005 - March, 2006

70
60
50
U S $ /B B L

40
30
20
10
0
NE

LY
AY

CH
R

RY
ST
L

R
R

AR
RI

BE
BE

BE
BE
JU

JU
M

GU

AR
UA
AP

NU
M
TO

M
EM

M
AU

BR
CE
VE

JA
OC
PT

FE
DE
NO
SE

Figure 3b: NIGERIAN NGL AND LPG AVERAGE WEIGHTED PRICES: April, 2005 - March, 2006

120 0. 00 00
US$ Per Metric Tonnes

100 0. 00 00

80 0. 00 00

60 0. 00 00

40 0. 00 00

20 0. 00 00

0. 00 00

APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH

NGL LPG

29
 Summary of Gas Production and Utilization Compiled From Company's
Table 7 Monthly Report (mscf) - March, 2006

GAS FOR GAS

GAS FOR
LNG GAS LIFT FLARED
GAS SOLD LPG/NGL AS
GAS GAS USED TO THIRD GAS RE- FUEL GAS FEEDSTOCK
COMPANY PRODUCED AS FUEL PARTIES INJECTED TO EPCL TO EPCL

JV:

SHELL 57,945,700 - - - - - - - -

MOBIL 40,099,852 1,399,900 - 14,398,200 - 3,221,000 - 79,010 20,895,411

CHEVRON 20,922,051 1,638,539 - - - 342,035 - 725,369 18,216,108

ELF 21,044,926 589,116 96,678 10,711,379 - - 7,004,861 205,214 2,437,678

NAOC 36,019,631 1,599,864 3,077,235 1,518,462 738,349 622,793 18,900,748 995,004 8,567,176

TEXACO 526,218 9,827 - - - - - - 516,391

PAN-OCEAN - - - - - - - - -

SUB - TOTAL 176,558,378 5,237,246 3,173,913 26,628,041 738,349 4,185,828 25,905,609 2,004,597 50,632,764
PRODUCTION SHARING
COMPANY

ADDAX - - - - - - - - -

SUB - TOTAL - - - - - - - - -
SOLE
RISK/INDEPENDENTS:

NPDC 1,283,136 57,322 - - - - - - 1,225,814

SUB - TOTAL 1,283,136 57,322 - - - - - - 1,225,814

GRAND-TOTAL 177,841,514 5,294,568 3,173,913 26,628,041 738,349 4,185,828 25,905,609 2,004,597 51,858,578

NOTE: This does not include other indigenous and production sharing companies.
No report from Addax, while Pan Ocean had no production due to Niger Delta Militant crisis

30
 Figure 4: Gas Prodced Vs Gas Flared: April, 2005 to March, 2006

200
180
160
140
120
m scf

100
80
60
40
20
0
AY
L

Y
LY

ST

CH
NE

RY
R
R
RI

AR
BE

BE

BE
BE
M

JU

GU
JU
AP

AR
UA
NU
M
TO

M
EM
AU

M
BR
VE

CE

JA
OC
PT

NO

FE
DE
SE

GAS PRODUCED GAS FLARED

31
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7a Company: Shell

GAS USED AS GAS SOLD TO

NAME OF FIELD GAS PRODUCED FUEL THIRD PARTIES GAS LIFT GAS FLARED
ABIGBORODO - - - - -
ABURA - NR NR - NR
AFIESERE - NR NR - NR
AFREMO - NR NR - NR
AGBAYA - - - - -
AJATITON - - - - -
AJUJU - NR NR - NR
AKONO - - - - -
AMUKPE - NR NR - NR
BATAN - NR NR - NR
BENISEDE - - - - -
EGWA - NR NR - NR
ERIEMU - NR NR - NR
ESCRAVOS BEACH - NR NR - NR
EVWRENI - NR NR - NR
FORCADOS YOKRI 98,550 NR NR - NR
ISOKO - NR NR - NR
JONES CREEK - NR NR - NR
KANBO - - - - -
KOKORI - NR NR - NR
OBEN 3,136,908 NR NR - NR
ODIDI - NR NR - NR
OGBOTOBO - - - - -
OGINI - NR NR - NR
OLOMORO/OLEH - NR NR - NR
OPUKUSHI NORTH - - - - -
OPOMOYO - - - - -
OPUAMA - NR NR - NR
OPUKUSHI - - - - -
ORONI - NR NR - NR
OSIOKA - - - - -
OTUMARA - NR NR - NR
OVHOR 3,058 NR NR - NR

NR; Not Reported.

32
Table 7a Gas Production and Utilization by Field (mscf) - March, 2006
cont’d Company: Shell

GAS USED AS GAS SOLD TO

NAME OF FIELD GAS PRODUCED FUEL THIRD PARTIES GAS LIFT GAS FLARED
OWEH - NR NR - NR
SAGHARA - NR NR - NR
SAPELE 22,392 NR NR - NR
SEIBOU - - - - -
TUNU - - - - -
UBEFAN - NR NR - NR
UGHELLI EAST 2,339,918 NR NR - NR
UGHELLI WEST - NR NR - NR
UTOROGO 7,857,389 NR NR - NR
UZERE EAST - NR NR - NR
UZERE WEST - NR NR - NR
WARRI RIVER - - - - -
ADIBAWA 142,356 NR NR - NR
ADIBAWA N/EAST 144,546 NR NR - NR
AFAM - - - - -
AGBADA 158,860 NR NR - NR
AHIA 137,592 NR NR - NR
AKASO 838,431 NR NR - NR
ALAKIRI 107,775 NR NR - NR
APARA - - - - -
ASARITORU - - - - -
ASSA - - - - -
AWOBA N/WEST 88,405 NR NR - NR
AWOBA 923,123 NR NR - NR
BELEMA 622,260 NR NR - NR
BELEMA NORTH - - - - -
BISENI - - - - -
BONNY 11,795,883 NR NR - NR
BONNY NORTH 81,228 NR NR - NR
BUGUMA CREEK - - - - -
CAWTHORNE CHANNEL 2,858,418 NR NR - NR
DIEBU CREEK 640,961 NR NR - NR
EGBEMA 28,124 NR NR - NR
EGBEMA WEST 186,682 NR NR - NR
EKULAMA 354,391 NR NR - NR

NR; Not Reported.

33
Table 7a cont’d Gas Production and Utilization by Field (mscf) - March, 2006
Company: Shell

GAS USED AS GAS SOLD TO

NAME OF FIELD GAS PRODUCED FUEL THIRD PARTIES GAS LIFT GAS FLARED
ELELENWA 151,540 NR NR - NR
ETELEBOU 252,586 NR NR - NR
GBARAN 331,261 NR NR - NR
IMO RIVER 441,573 NR NR - NR
ISIMIRI 177,390 NR NR - NR
KOLO CREEK 284,482 NR NR - NR
KRAKAMA 82,086 NR NR - NR
MINI NTA 208,929 NR NR - NR
NEMBE CREEK EAST 122,027 NR NR - NR
NEMBE CREEK 1,003,608 NR NR - NR
NKALI 436,940 NR NR - NR
NUN RIVER 243,957 NR NR - NR
OBELE 47,321 NR NR - NR
OBIGBO NORTH 3,146,275 NR NR - NR
ODEAMA CREEK 235,460 NR NR - NR
OGUTA 1,802,932 NR NR - NR
ORUBIRI 21,420 NR NR - NR
OTAMINI 144,507 NR NR - NR
RUMUEKPE 5,483 NR NR - NR
SANTA BARBARA 327,861 NR NR - NR
SANTA BARBARA SOUTH - NR NR - NR
SOKU 15,624,991 NR NR - NR
UBIE 65,872 NR NR - NR
UGADA 123,743 NR NR - NR
UMUECHEM 96,206 NR NR - NR
TOTAL 57,945,700 - - - -

NR; Not Reported.

34
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7b Company: Mobil

GAS FOR
LPG/NGL AS
GAS USED AS GAS RE- FEEDSTOCK TO
FIELD GAS PRODUCED FUEL INJECTED EPCL GAS LIFT GAS FLARED
ADUA 260,039 - - - 260,039
ASASA 2,277,911 - 1,019,450 - - 1,258,461
EDOP 5,928,836 213,000 2,660,000 - 40,000 3,015,836
EKPE 59,166 24,900 8,000 - 11,210 15,056
EKPE WW 26,353 - - - - 26,353
EKU 209,723 - - - - 209,723
ENANG 857,667 - - - - 857,667
ETIM/ETIMC 1,509,727 2,000 420,250 - - 1,087,477
IDOHO 536,109 2,000 - - - 534,109
IDOHO-NORTH 106,331 - - - - -
INANGA 117,880 - - - - 117,880
INIM 129,625 3,000 75,500 - - 51,125
ISOBO 2,265 - - - - 2,265
IYAK 27,199 - - - - 27,199
IYAK SE 533 - - - - 533
MFEM 102,957 - - - - 102,957
OSO 16,257,815 993,000 5,629,000 3,221,000 - 6,414,815
UBIT 2,794,697 3,000 - - - 2,791,697
UNAM 590,931 - - - - 590,931
USARI 4,437,930 14,000 3,622,000 - 27,800 774,130
UTUE 289,195 3,000 - - - 286,195
YOHO 2,716,602 142,000 964,000 - - 1,610,602
AWAWA 860,360 - - - - 860,360
TOTAL 40,099,852 1,399,900 14,398,200 3,221,000 79,010 20,895,411

35
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7c Company: Chevron

GAS FOR GAS FLARED

LPG/NGL AS
GAS USED AS GAS SOLD TO FEEDSTOCK TO
FIELD GAS PRODUCED FUEL THIRD PARTIES GAS LIFT EPCL
ABITEYE 186,515 12,307 - - - 174,208
UTONANA 252,275 1,922 - - - 250,353
DIBI 209,570 6,076 - - - 203,494
JISIKE 71,343 93 - - - 71,250
ROBERKIRI 1,010,843 12,927 - - - 997,916
IDAMA 397,836 - - - - 397,836
JOKKA 3,385 - - - - 3,385
BENIN RIVER 499,560 6,076 - - - 493,484
DELTA SOUTH 1,484,304 6,355 - - - 1,477,949
DELTA 2,138,967 6,727 - - - 2,132,240
ISAN 109,559 3,968 - - - 105,591
WEST ISAN 164,398 - - - - 164,398
EWAN 145,117 11,532 - - - 133,585
OKAN 5,917,349 1,194,220 - - 342,035 4,381,094
MEFA 1,337,743 - - - - 1,337,743
MEJI 1,943,905 11,129 - - - 1,932,776
DELTA SOUTH - - - - - -
MEREN 2,014,744 260,523 - 725,369 - 1,028,852
OKAGBA 5,453 - - - - 5,453
TAPA 540,289 4,991 - - - 535,298
PARABE/EKO 931,226 83,276 - - - 847,950
MALU 524,835 899 - - - 523,936
INDA 632,597 - - - - 632,597
MEJO 99,895 - - - - 99,895
KITO 5,196 - - - - 5,196
OPOLO 295,147 15,518 - - - 279,629
TOTAL 20,922,051 1,638,539 - 725,369 342,035 18,216,108

36
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7d Company: Elf

GAS SOLD
GAS GAS USED TO THIRD GAS RE- GAS FOR GAS
FIELD PRODUCED AS FUEL PARTIES INJECTED LNG GAS LIFT FLARED

OBAGI/EREMA 1,539,652 78,161 0 0 1,280,801 164,501 16,189

OLO 69,085 4,813 0 0 0 0 64,273

IBEWA CONDENSATES 4,090,395 69,146 0 0 4,008,899 0 12,350

IBEWA OIL 105,358 0 0 0 105,355 0 2

OBAGI DEEP 1,116,024 0 0 0 1,116,024 0 0

OBAGI GAS-CAP 493,782 0 0 0 493,782 0 0

AFIA 41,892 0 0 0 0 4,189 37,703

EDIKAN 234,168 0 0 0 0 0 234,168

IME 73,639 0 0 0 0 7,364 66,275

ODUDU 291,601 21,347 0 0 0 29,160 241,094

OFON 1,670,330 66,736 0 0 0 0 1,603,594

AMENAMKPONO 11,318,999 348,914 96,678 10,711,379 0 0 162,029

TOTAL 21,044,926 589,116 96,678 10,711,379 7,004,861 205,214 2,437,678

37
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7e Company: NAOC

GAS FOR
GAS SOLD LPG/NGL AS
GAS GAS USED TO THIRD GAS RE- FUEL GAS FEEDSTOCK GAS FOR GAS
FIELD PRODUCED AS PARTIES INJECTED TO EPCL TO EPCL LNG GAS LIFT FLARED

EBOCHA FIELDS 2,730,526 76,105 - 34,354 - - - - 2,620,067

AKRI FIELDS 1,824,458 15,500 1,007,746 181,713 - - - - 619,499

OBR/OBI FIELDS 24,211,544 1,110,470 - 1,302,395 738,349 622,793 18,900,748 995,004 541,785

OSHI FIELDS 681,230 82,150 - - - - - - 599,080

KWALE FIELDS 2,628,827 209,922 2,069,489 - - - - - 349,416

TEBIDABA FIELDS 428,191 5,500 - - - - - - 422,691

OBAMA FIELDS 565,016 41,867 . - - - - - 523,149

CLOUGH CREEK
FIELDS 45,215 5,500 - - - - - - 39,715

BENIBOYE FIELDS 37,994 850 - - - - - - 37,144

OGBAINBIRI FIELDS 523,458 5,500 - - - - - - 517,958

IDU FIELDS 2,343,172 46,500 - - - - - - 2,296,672

TOTAL 36,019,631 1,599,864 3,077,235 1,518,462 738,349 622,793 18,900,748 995,004 8,567,176

38
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7f Company: Texaco

FIELD GAS PRODUCED GAS USED AS FUEL GAS FLARED

PENNINGTON 68,725 2,387 66,338

MIDDLETON - - -

NORTH APOI 155,165 2,387 152,778

FUNIWA 302,328 5,053 297,275

OKUBIE - - -

TOTAL 526,218 9,827 516,391

39
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7g Company: Pan Ocean

FIELD GAS PRODUCED GAS USED AS FUEL GAS FLARED

ASABORO SOUTH 0 0 0

OGHAREFE 0 0 0

OLOGBO 0 0 0

ONA 0 0 0

OSSIOMO 0 0

0 0 0 0

TOTAL 0 0 0

No production during the month due to Niger Delta Militant disturbances

40
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7h Company: Addax

GAS USED
FIELD GAS PRODUCED AS FUEL GAS RE-INJECTED GAS LIFT GAS FLARED
ADANGA - - - - -
ADANGA SOUTH - - - - -
ADANGA SOUTH WEST - - - - -
AKAM - - - - -
BOGI - - - - -
EBUGHU - - - - -
EBUGHU EAST - - - - -
EBUGHU NORTH EAST - - - - -
EBUGHU SOUTH - - - - -
MIMBO - - - - -
UKPAM - - - - -
NORTH ORON - - - - -
ORON WEST - - - - -
IZOMBE - - - - -
OSSU - - - - -
OKWORI - - - - -
NDA - - - - -
TOTAL - - - - -
No report from the company

41
 Gas Production and Utilization by Field (mscf) - March, 2006
Table 7i Company: NPDC

FIELD GAS PRODUCED GAS USED AS FUEL GAS FLARED

ABURA 0 0 0

OREDO 0 0 0

OZIENGBE SOUTH 0 0 0

OKONO/OKPOHO 1,283,136 57,322 1,225,814

TOTAL 1,283,136 57,322 1,225,814

No Forcados Blend (Abura, Oredo, Oziengbe fields) production due to Niger Delta Militant crisis.

42
 'Nigerian Gas Company: Gas Sales
Table 8a March, 2006

Current
Month Outstanding
Receivable Revenue Debt for the Payments Payments year to Outstanding Debt
BUYER Quantity Unit Price Revenue Received Month year to date date Since Inception
(=N=
(Bscf) (=N=/mscf) million) (=N= million) (=N= million) (=N= million) (=N= million) (=N= million)
Alscon Ikot Abasi 0.2580 135.000 34.825 - - - - 1,456.360
ASCL 0.3790 17.970 6.810 - 2.523 - 0.670 182.020
DSCL Aladja 0.0705 30.000 2.116 5.000 9.680 - 5.00 77.750
NAFCON Onne 0.0000 70.000 - - - - - 702.670
WRPC Warri 0.0698 17.970 1.254 - - - - 308.970
WAPCO Shagamu 0.4666 374.000 174.497 175.370 1,073.031 - 774.400 1,984.350
Kew Metal Works
Ikorodu 0.0000 328.720 - - - - - 5.530
WAPCO Ewekoro 0.3581 374.000 133.911 - 564.473 - 419.460 774.440
GAS LINK 0.5702 532.450 303.619 143.510 626.965 - 285.180 847.620
RVSG 0.0000 383.890 - - 95.708 - - 333.640
NEPA *** 9.8516 30.000 295.548 180.000 1328.005 - 553.670 8,714.540
IGIL (Pre-2001 drbt) 0.0000 - - - 1.000 - 0.000 2.000
PZ Lagos Industries 0.0201 438.280 8.809 13.070 119.494 0.000 25.770 59.830
Condensate (Prolific
LTD) 0.0000 24.500 - - - -
TOTAL 12.0438 - 961.39 516.950 3820.879 - 2,064.150 15,449.720

Table 8b 'Nigerian Gas Company: Gas Transmission for March, 2006

Current
Month Outstanding
Receivable Revenue Debt for the Payments Payments year to Outstanding Debt
CUSTOMER Quantity Tarrif Revenue Received Month year to date date Since Inception
(=N=
(mmscf) (=N=/mscf) million) (=N= million) (=N= million) (=N= million) (=N= million) (=N= million)

SNG Ota/Agbara 0.1725 411.430 70.972 12.690 0.000 6.610 19.730 12.260

**SPDC-Aba 0.0484 475.870 23.013 33.300 0.230 - 33.300 194.640

Gas Link,LIA
Ikeja - - - - 0.000 0.000 0.000 0.000

SNG Edjeba 0.0532 33.260 1.769 - 0.000 0.000 3.470

TOTAL 0.2740 95.754 45.990 0.230 6.610 53.030 210.370

Note:
Inception:- Commencement of transaction between NGC and Customer
** SPDC pays 40% of its customers' invoices as tarriff to NGC
* Customer has TOP or other contract terms that apply to its payment
43
*** tstanding debt since inception include pre-2001 debt of N 4,371.24 Million.
 Table 9a Joint Venture Domestic Gas Sales Statistics - March, 2006

BUYER FIELD VOLUME (scf) PROCEEDS (=N=)

Aba Textile Mills - -
Bayelsa State Utilities Board Kolo Creek 187,913,293 563,739.88
Beta Glass Company Ughelli East 44,028,058 20,977,329.15
Inter. Equitable Association, ABA Imo River 8,761,252 4,169,216.99
Lever Brothers, Aba Imo River 12,246,718 5,827,845.69
Nigerian Breweries Imo River 4,594,453 2,186,362.35
M.O.P PH Trans Amadi Turbine Obigbo North 48,169,088 3,396,993.94
NEPA, Afam - -
NEPA, Ughelli Ughelli East 2,143,151,137 64,294,534.11
N. G. C. NNPC - Nafcon Alakiri - -
NGC - ALSCON Alakiri 257,957,165 7,661,327.80
NNPC - NEPA - Sapele (Oben) OBEN 1,283,529,751 27,999,179.18
NGC - NEPA - Sapele SAPELE - -
N. G. C. Delta Steel Co. Aladja Ughelli East 126,025,076 1,323,263.30
NNPC - N. G. C. Utorogu Benin City Utorogu 3,882,395,008 69,648,361.85
Pz Industries. Ltd, Aba Imo River 22,755,257 10,828,544.15
Rivers State Utility Board Apara 181,776,352 56,227,061.20
International Glass Ind. Aba Imo River - -
NNPC-Obigbo-North-Gas-Plant Obigbo North 2,081,322,170 44,956,558.87
NGC- MOP ELEME AFAM - -
GRAND TOTAL 10,284,624,778 320,060,318.46

Joint Venture Export Gas Sales Statistics to NLNG - March, 2006

Table 9b

SELLER FIELD (scf) (US$)

Nigerian Agip Oil Company Apara - -

SHELL Soku 36,499,651,500 28,630,350.00

GRAND TOTAL 36,499,651,500 28,630,350.00

Source: SHELL
(2) Information on the Gas Export Sales not report in the report.

44
Table 10
Refineries’ Crude Oil Balance: March 2006

K RPC P HRC *W RPC T OTAL

Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels

(1) Opening Stock 22,592 265,596 231,775 1,699,376 20,139 147,652 274,506 2,112,624

(2) Crude Oil Received 58,487 428,316 429,289 3,155,017 4,108 32,367 491,884 3,615,700

(3) Total Available - (1+2) 81,079 693,912 661,064 4,854,393 24,247 180,019 766,390 5,728,324

(4) Crude Oil Processed 33,589 246,262 455,444 3,339,427 489,033 3,585,689

(5) Closing Stock - (3-4) 47,490 447,651 205,620 1,514,966 24,247 180,019 277,357 2,142,635

(6) Ave. Daily Throughput 1,084 7,944 14,692 107,723 15,775 115,667

(7) Refinery Processing Capacity/day 110,000 210,000 125,000 445,000

* : 4,108 mt of Amukpe Crude was received into Escravos tank, while 12,718 mt of Escravos crude was transferred into KRPC

before 31,316 mt of condensate was received.

Source: Refinery Monthly Report

45
 Figure 5

Refinery Capacity Utilization: March 2006

60 51.30

50

40

30

20
7.22

10
-

-
KRPC PHRC WRPC

46
Figure 6
Historical Trend of Refinery Capacity Utilization: April 2005 – March 2006

180

160

140

120 WRPC
Percentage

100

80

60
KRPC

40

20 PHRC

0
Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 Jan-06 Feb-06 Mar-06

PHRC KRPC WRPC

47
 Figure 7
Crude Oil Received vs Processed: March 2006

4,000

Received
Processed

3,000
mbbls

2,000

1,000

0
KRPC PHRC WRPC

48
Table 11 Refinery Crude Oil Received by Crude Stream: March 2006

Crude Type K RPC P HRC *W RPC T OTAL

Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels

Bashra Light 27,269 199,438 27,269 199,438

Bonny Light 429,289 3,155,017 429,289 3,155,017

Escravos Light 31,218 228,879 4,108 32,367 35,326 261,246

Forcados Blend

Total 58,487 428,316 429,289 3,155,017 4,108 32,367 491,884 3,615,700

* 4,108 mt (32,367 bbls) of Amukpe Crude was received into Escravos Tank during the month of February 2006, while 12,718 mt of Escravos Crude.
was transferred into KRPC tank before 31,316 mt of condensate was received.

Source: Refinery Monthly Report

49
 Figure 8
Historical Trend of Crude Oil Receipt: April 2005 – March 2006

5
WRPC
mbbls

KRPC
3

PHRC
1

Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 Jan-06 Feb-06 Mar-06

50
Table 12 Refinery Crude Oil Processed by Crude Stream: March 2006

Crude Type K RPC P HRC W RPC T OTAL

Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels Metric Tons Barrels

Bashra Light 24,948 182,463 24,948 182,463

Bonny Light 455,444 3,339,427 455,444 3,339,427

Escravos Light 33,589 246,262 33,589 246,262

Forcados Blend

Total 58,537 428,725 455,444 3,339,427 NIL NIL 513,981 3,768,152

Source : Refinery Monthly Report

51
 Figure 9
Historical Trend of Crude Oil Processed: April 2005 – March 2006

WRPC
5

4
mbbls

KRPC
3

PHRC
1

Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 Jan-06 Feb-06 Mar-06

PHRC KRPC WRPC

52
 Table 13 Output from Domestic Refineries: March 2006

K RPC **P HRC *W RPC TOTAL

Products (MT) Actual Evacuation Actual Evacuation Actual Evacuation Actual Evacuation

Production by PPMC Production by PPMC Production by PPMC Production by PPMC

LPG -140 90 -15 NIL -155 90
PMS 9,096 5,279 114,786 122,028 7,967 NIL 131,849 127,307
DPK 3,749 7,403 57,279 62,577 NIL 61,028 69,980
AGO 8,460 4,141 98,473 116,602 -1,917 NIL 105,016 120,743
Fuel Oil 15,418 15,441 183,106 177,351 -1,983 NIL 196,541 192,792
LRS NIL
Asphalt 1,699 NIL 1,699
VGO 6,779 -1,414 NIL 5,365
Kero-Solvent NIL
Interm. Products 14,874 37,035 -23,286 260 -7,967 NIL -16,379 37,295
TOTAL 58,376 70,998 428,804 478,908 -3,915 NIL 483,265 549,906

** PHRC received 405 mt of imported PMS during the month of March 2006
* Products yields were as a result of blending of intermediates products

Source: Refinery Monthly Report

53
 Figure 10
Output from Domestic Refineries: March 2006

175

150

125

100
'000mt

75

50

25

LPG PMS DPK AGO Fuel Oil

-25
KRPC PHRC WRPC

54
Table 14
Refinery Fuel and Loss Statistics: March 2006

K RPC P HRC W RPC TOTAL

Products Quantity % Wt. of Quantity % Wt. of Quantity % Wt. of Quantity % Wt. of

(mt) Production (mt) Production (mt) Production (mt) Production

Gas 1,769 3.02 15,340 3.37 NA 17,109 3.33

LPG 529 0.90 15 NA 544 0.11
LPFO 10,634 18.17 11,172 2.45 2,065 NA 23,871 4.64
Coke Burnt NA
AGO 1,917 NA 1,917 0.37

R/Fuel 12,932 22.09 26,512 5.82 3,997 NA 43,441 7.67

Gas/LPG Flared 0.00 3,109 0.68 NA 3,109 0.605
Losses 590 1.01 5,130 1.13 NA 5,720 1.11

R/Fuel & Loss 13,522 23.10 34,751 7.63 3,997 NA 52,270 9.28

* % wt of production could not be calculated as WRPC did not process any crude during the month

Source: Refinery Monthly Report

55
 Petroleum Products Distribution by States: March 2006 Table 15

('000Litres)

Products Abia Adamaw a Akw a- Anambra Bauchi Bayelsa Benue Borno Cross- Delta Ebonyi Edo Ekiti
Ibom River
LPG. 8 11 8 2 3 25 1 43
Super Gasoline 6,475 7,145 2,411 3,015 4,896 1,014 3,090 5,682 5,840 9,530 607 8,208 2,374
Household Kerosine 3,554 249 1,288 515 576 215 44 281 2,205 60 659 33
Aviation Turbine Kero 40 432 345
Auto. Gas Oil 3,341 1,195 783 1,579 938 66 715 981 1,463 6,658 150 1,725 132
Low Pour Fuel Oil
Lubricating Oils 134 76 85 126 34 2 54 170 110 292 42 272 22
Greases 1 351 2
Pet. Jelly / Waxes
Bitumen & Asphalts 150 498 1,234
Brake Fluids 9 25 31 15 22 131 18
Special Products 1 1 1
Gas Appliances
Chemicals 165
Others (SRG)

Total 13,513 8,685 4,732 5,270 6,596 1,296 3,934 6,892 8,148 20,035 859 12,161 2,561

*Mobil fuel figures are not included in this report

Source: Monthly Returns from the Major Petroleum Marketing Companies and PPMC

56
 Table 15 Cont’d
Petroleum Products Distribution by States: March 2006

('000Litres)

Products Enugu Gombe Imo Jigaw a Kaduna Kano Katsina Kebbi Kogi Kw ara Lagos Nasaraw a

LPG. 31 5 14 42 16 1 1 7 5 98 3
Super Gasoline 5,955 2,264 6,550 1,827 14,725 22,132 2,602 1,595 4,263 13,640 88,049 11,394
Household Kerosine 1,714 3,013 33 2,212 1,226 82 33 30 99 4,255 77
Aviation Turbine Kero 136 66 1,100 27,390 804
Auto. Gas Oil 6,370 297 2,447 107 5,699 6,216 363 99 333 671 16,574 4,084
Low Pour Fuel Oil 147 165 330 66 252
Lubricating Oils 134 16 121 18 368 683 2,857 12 34 67 1,862 104
Greases 5 154 356 30
Pet. Jelly / Waxes -8 177
Bitumen & Asphalts 274 4
Brake Fluids 50 11 1 85 63 453
Special Products 1 1 1 6
Gas Appliances
Chemicals 9 14 31 142
Others (SRG) 320

Total 14,826 2,758 12,147 1,985 23,932 31,903 5,904 1,740 4,667 14,545 139,289 16,470

*Mobil fuel figures are not included in this report

Source: Monthly Returns from the Major Petroleum Marketing Companies and PPMC

57
 Table 15 Cont’d
Petroleum Products Distribution by States: March 2006

('000Litres)
* Indpdt

Products Niger Ogun Ondo Osun Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Abuja Mketrs Total
Liftings Sold
LPG. 1 50 9 80 13 5 4 0 2 51 539
Super Gasoline 19,110 23,684 9,839 8,359 21,693 8,561 24,681 2,232 605 3,420 4,138 39,214 247,428 648,248
HHK 71 1,046 530 99 109 9,372 88 73 519 32,289 66,648
ATK 1 129 953 31,395
Auto. Gas Oil 2,985 2,811 940 363 3,194 1,165 19,598 947 55 231 597 4,889 31,743 132,501
LPFO 233 183 132 1,054 33 2,595
Lubricating Oils 61 262 74 35 220 151 772 80 424 47 41 480 10,340
Greases 3 48 1 6 0 35 993
Pet. Jelly / Waxes 169
Bitumen & Asphalts 25 49 42,963 2,035 47,234
Brake Fluids 68 14 213 75 11 111 1 369 1,776
Special Products 1 13.000
Gas Appliances

Chemicals 65 80 506
Others (SRG) 320
Total 22,295 28,054 11,719 8,766 25,659 10,010 97,849 4,318 1,172 3,772 4,778 48,578 311,461 943,277

*Mobil fuel figures are not included in this report

*: Liftings by Independent marketers are not indicated by states and the figures are provisional.

Source: Monthly Returns from the Major Petroleum Marketing Companies and PPMC

58
Table 16 Petroleum Products Distribution by Marketing Companies: March 2006

('000Litres)
NNPC M ajor

Products African *Conoil M obil Retail Texaco Total Oando M arketers Independent Total % Distr.
Petroleum Outlet Sub-total M arketers Distribution
LPG. 476 63 539 539 0.06
Super Gasoline 67,876 57,710 18,180 53,935 107,399 95,719 400,819 247,428 648,248 68.72
Household Kerosine 4,485 3,536 6,042 3,905 8,130 8,260 34,358 32,289 66,648 7.07
Aviation Turbine Kero 8,390 5,112 7,463 10,430 31,395 31,395 3.33
Auto. Gas Oil 4,796 16,556 5,558 14,786 24,668 34,394 100,758 31,743 132,501 14.05
Low Pour Fuel Oil 1,120 812 663 2,595 2,595 0.28
Lubricating Oils 3,840 1,379 458 3,030 1,634 10,340 10,340 1.10
Greases 928 57 8 993 993 0.11
Pet. Jelly / Waxes 169 169 169 0.02
Bitumen & Asphalts 4,290 42,944 47,234 47,234 5.01
Brak e Fluids 1,678 98 1,776 1,776 0.19
Special Products 13 13 13 0.00
Gas Appliances 0.00
Chemicals 452 54 506 506 0.05
Others (SRG) 320 320 320 0.03
Total 83,603 86,512 2,098 29,780 79,373 156,281 194,169 631,816 311,461 943,277 100

% Market Share 8.86 9.17 0.22 3.16 8.41 16.57 20.58 66.98 33.02 100.00

*Mobil fuel figures are not included in this report

Source: Monthly Returns from the Major Petroleum Marketing Companies and PPMC

59
 Petroleum Products Distribution by Zones: March 2006 Table 17

'000Litres

Products South West South East South South North West North East North Central Abuja Total

LPG. 238 62 73 24 22 70 51 539

Super Gasoline 296,985 36,439 124,690 34,526 24,021 92,373 39,214 648,248
Household Kerosine 6,068 17,713 31,237 1,407 986 8,718 519 66,648
Aviation Turbine Kero 27,391 136 906 1,100 40 870 953 31,395
Auto. Gas Oil 24,228 25,196 47,118 8,362 3,757 18,951 4,889 132,501
Low Pour Fuel Oil 668 147 132 1,120 165 330 33 2,595
Lubricating Oils 2,474 557 1,532 3,691 767 839 480 10,340
Greases 82 6 359 356 154 35 993
Pet. Jelly / Waxes 177 -8 169
Bitumen & Asphalts 75 274 44,696 150 4 2,035 47,234
Brake Fluids 755 75 282 86 35 174 369 1,776
Special Products 6 2 3 1 1 13
Gas Appliances

Chemicals 207 9 245 31 14 506

Others (SRG) 320 320

Total 359,354 80,618 251,272 50,694 29,943 122,818 48,578 943,277

% Distribution 38.10 8.55 26.64 5.37 3.17 13.02 5.15 100.00

*Mobil fuel figures are not included in this report

Source: Monthly Returns from the Major Petroleum Companies and PPMC.

60
 Petroleum Products Distribution by Zones: March 2006
Figure 11

North Central
13.02%
North East Abuja
3.17% 5.15%
North West
5.37%

South South
26.64% South West
38.10%

South East
8.55%

61
 Figure 12
Average Daily Distribution of Petroleum Products: April 2005 – March 2006

40

35

30
AGO
illionLitres

25

DPK
20
M

15

10 PM S

Apr-05 May-05 J un-05 J ul-05 Aug-05 Sep-05 Oc t-05 Nov-05 Dec -05 J an-06 Feb-06 Mar-06

62
 Petroleum Products Distribution by Zones in Nigeria:
Figure 13 March 2006

North West: 50.471 mltrs

North Central: 122.734 mltrs

North East: 29.920 mltrs

Abuja: 48.409 mltrs

South West: 358.364 mltrs

South South: 250.687 mltrs

South East: 80.579 mltrs

63
 GLOSSARY OF TERMS
AENR Agip Energy and Natural Resources NAOC Nigerian Agip Oil Company

AF Alternative Funding NEPA National Electric Power Authority

AGO Automotive Gas Oil NGC Nigerian Gas Company

API American Petroleum Institute NGL Natural Gas Liquids

ATK Aviation Turbine Kerosine NNPC Nigerian National Petroleum Corporation

bbls Barrels NPDC Nigerian Petroleum Development Company

Bscf Billion Standard Cubic Feet OML Oil Mining Lease

C3 Propane OPL Oil Prospecting Licence

C4 Butane Petrochem. Petrochemical Products

CO Company Pet. Jelly Petroleum Jelly

COMD Crude Oil Marketing Department PHRC Port Harcourt Refining Company

DPK Dual Purpose Kerosine PMS Premium Motor Spirit

EPCL Eleme Petrochemical s Company Limited PPMC Pipelines and Products Marketing Company Ltd

HHK House Hold Kerosine PSC Production Sharing Contract

HPFO High Pour Fuel Oil PZ Paterson Zochonis

JVC Joint Venture Company QTY Quantity

KRPC Kaduna Refining and Petrochemical R/Fuel Refinery Fuel

Company
W/o Work over
LPFO Low Pour Fuel Oil
WRPC Warri Refining and Petrochemical Company
LPG Liquified Petroleum Gas
(‘000bbls) Thousand Barrels
Ltd Limited
('000mt) Thousand Metric Tons
M3 Cubic Metres
MD Measured Depth
mbbls Million Barrels
TVD True Vertical Depth
mmscf Million Standard Cubic Feet
SCF Standard Cubic Feet
mscf Thousand Standard Cubic feet
HOG High Octane Gasoline
N/A Not Available

NAFCON National Fertilizer Company of Nigeria

BTU British Thermal Unit

64