Which state in Nigeria has the highest oil deposit?

Akwa- Ibom is currently the largest oil producing state in Nigeria after displacing Rivers state from this position. It is located in the coastal area of Nigeria and is populated by over 5 million people according to the last census.

Which state in Nigeria has the highest deposit of crude oil?

Akwa Ibom State is the highest oil-producing state in Nigeria with 31.4% which produces 504,000 barrels of crude oil every single day.

Which state has the largest deposit of crude oil?

Texas is by far the largest oil-producing state in the United States. In 2020, Texas produced a total of 1.78 billion barrels. In a distant second place is North Dakota, which produced 431.2 million barrels in the same year. Idaho is the smallest producing state in the country, at just one million barrels.

Which geopolitical zone has the highest number of oil producing states in Nigeria?

Akwa Ibom State

Awka ibom has the highest number of oil wells in Nigeria. It is a state in the south south geo political zone. Akwa Ibom is the largest oil producer in Nigeria with 504000 BPD which accounts for 31.4 % production.

Which is the richest oil company in Nigeria?

Shell Petroleum Tops as Richest Oil Company in Nigeria with US$388.4 billion (2018) in revenue.

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