Akata Energy Limited
An Indigenous Petroleum Development Company Limited
Welcome to
Akata Energy
AKATA ENERGY is an Independent Oil and Gas development company with operatorship and equity interest positions on proven Marginal Fields in the shallow-water Niger-Delta, Nigeria, comprising the followings:
- META field - Equity Partner / Operator
- Mahin field - Operator
- Ruta Field – Equity Partner
The Company comprises a team of professionals with decades of proven technical, operational, and commercial experience in the Exploration and Production sector.
Akata Energy is an independent and nimble company with a proven track record of operating Marginal Fields and relatively
small-sized proved and undeveloped oil and gas assets.
Years of service
Strategic Development
All the fields currently under our ownership are located on OML 95 and were drilled and previously operated by Chevron JV before they were classified as marginal fields respectively. This allows for strategic cluster development opportunities within the entire field and also allows other Marginal field operators to utilise our facilities and produce crude oil in our partnerships. We envisage the possibility of producing an aggregate of 40,000 – 50,000 barrels of crude oil daily from this clustered development strategy on OML 95. We also intend to produce up to 20,000 barrels of crude oil daily from our envisaged acquisition of shallow water block EG23 in Equatorial Guinea.
Our Asset
META Field
The field was discovered in 1965 by Chevron Nigeria Limited, Meta Field is located in shallow waters (9-10 meter Water depth) offshore Western Niger Delta.
Mahin Field
The field was discovered in 1986 by Chevron Nigeria Limited. Mahin Field is located in shallow waters (13-15 meter Water depth) offshore Western Niger Delta.
Ruta Field
Ruta Field is located offshore the western Niger Delta, in a water depth range of 100 ft-118 ft. The field was discovered in 1979 by Ruta 2,