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News Update: NPDC/SEPLAT National Scholarship Test is Ongoing. more moreSEPLAT joins Ebola eradication effort, makes donation to Lagos Isolation Centre and First Consultants Medical Centre

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Who We Are

SEPLAT Petroleum Development Company (“SEPLAT”) is a leading indigenous oil and gas exploration and development company with a strategic focus on Nigeria, listed on the Main Market of the London Stock Exchange (LSE:SEPL) and Nigerian Stock Exchange (NSE:SEPLAT). The company successfully listed in April 2014 in both markets becoming an inspiring benchmark for other companies. SEPLAT operates Oil Mining Leases 04, 38 and 41, a portfolio of onshore producing oil and gas leases located in the Niger Delta which the company in a landmark transaction acquired 45 per cent participating interest in from SHELL and its partners. SEPLAT was awarded operator of these assets.

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What We Do

SEPLAT is a leading indigenous exploration and production company currently operating in onshore Niger Delta basin Nigeria. The company has a 45% participating interest in 3 oil blocks (OML’s 4, 38 and 41). Seplat is the operator of the 3 blocks on behalf of the NPDC/SEPLAT JV. The Oil production from these operated assets has grown from 18,000 barrels per day at inception in 2010 to the current gross production from operated assets is circa 60 Mbopd. Gas production is presently 110MMscfd. Production is mainly from 5 Fields (Amukpe, Oben, Okporhuru, Ovhor, and Sapele Fields). Production from Umuseti Field (OPL 283) is currently circa. 2,500bopd with net share to Seplat of 1,000bopd.


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In the communities

As a highly responsible and accountable corporate citizen, SEPLAT recognized at its inception, that peaceful coexistence with our host communities and indeed other stakeholders will be vital to our operational success and sustainability. Consequently, the company embarked on an outreach to promote the philosophy of “Shared Value”. In what is generally acknowledged by industry watchers as a landmark achievement, shortly after the company commenced operations in 2010, we signed a Global Memorandum of Understanding (GMoU) (regarded as a model) with our host communities


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