Midwestern Oil & Gas Company Limited was incorporated in 1999 and commenced operations in 2001. The Company is owned by a group of Nigerian Investors and Delta State Government.
In 2003, the Company was awarded 70% interest in Umusadege Field located in OML 56 which is situated at the northern area of Delta State, Nigeria. Midwestern is the operator of the field while SunTrust Oil Company Ltd its JV Partner holds 30% interest which is jointly held by Mart Umusadege Resources Nigeria Ltd. the Risk Service Provider of Midwestern. Midwestern commenced its upstream activities in 2005.
Sequel to field activities, first oil was achieved in the Umusadege Field in 2008 at flow rates of around 3,000bopd from re-entry of the Umusadege-1 well. This has been rapidly increased to approximately 25,000bopd through additional development drilling efforts. A total of fifteen (15) wells have been drilled to date.
The Company has achieved success through our ability to peacefully coexist with the host communities. This is as a result of the Company’s various CSR initiatives which have over the years contributed meaningfully to the social and economic development of its host communities, improved the quality of life of the people, their families and the society at large.
Midwestern achieved another commendable milestone this year. The Company celebrated 9 Million Man-Hours LTI-Free operations. Midwestern has also received several awards and recognitions by notable international bodies for achievements in HSE.
As part of the Company’s growth:
- Midwestern acquired an interest in OML 18 (Eroton E & P Company Ltd), one of the Divested Assets of Shell Petroleum Development Co.
- Midwestern is the operator of Umugini Asset Company Limited (UACL), a pipeline company which constructed a 51.4km pipeline from Umusadege to Eriemu for injecting crude into the Trans Forcados Pipeline. The UACL pipeline has a design capacity of 45,000bbls per day.
- Midwestern acquired the shares of its business partner and Risk Services Provider, Mart Resources Inc..
- The Company has concluded expansion of its production facility to include a Central Processing Facility (CPF) and Group Gathering Facility (GGF).
Midwestern’s strategy is aligned with its vision to be a leading independent E&P Company with a diversified portfolio of hydrocarbon assets.