{
  "id": 12040536,
  "title": "ExxonMobil Pushes Integrated Workflows To Unlock More Nigeria Deepwater Value",
  "url": "https://urgent.news/2026/10/05/exxonmobil-pushes-integrated-workflows-to-unlock-more-nigeria",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-05T00:55:12.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/10/05/exxonmobil-pushes-integrated-workflows-to-unlock-more-nigeria-deepwater-value/"
  },
  "original_language": "en",
  "account": "ExxonMobil, the American oil and gas giant, is investing in cutting-edge technology and integrated workflows to maximize the value of Nigeria's deepwater oil fields. Nathan Harts, Subsurface General Manager at ExxonMobil's Nigerian affiliate, stated this at the Technical/Business Meeting of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos. The meeting, themed \"From Seismic to Value: Leveraging Seismic Inversion & Forward Seismic Modeling in Geomodeling to Enable Field Development,\" focused on utilizing seismic inversion and forward seismic modeling to optimize field development.\n\nHarts emphasized that ExxonMobil continues to employ integration, cross-discipline approaches, and advanced technologies to develop its Nigeria portfolio cost-effectively. He reiterated the company's commitment to using cutting-edge technology and integrated workflows to unlock value from current producing fields, undeveloped discoveries, and undiscovered resources.\n\nThis approach aligns with ExxonMobil's recent focus on deepwater exploration following its $1.28 billion onshore and shallow-water exit to Seplat in 2024. The company has committed $1 billion to the revitalization of the Usan deepwater field, where it holds a 30 percent stake. ExxonMobil is also working with partners to progress other deepwater assets towards final investment decision (FID) status.\n\nHarts highlighted the importance of knowledge sharing within the industry, praising the Nigerian Association of Petroleum Explorationists (NAPE) for organizing such an event. He expressed gratitude to Michael McGlashan, the paper presenter, and the company for sponsoring the meeting, emphasizing ExxonMobil's commitment to fostering cross-industry collaboration, knowledge sharing, and professional development.",
  "summary": "*Says country’s assets require cutting-edge technology Peter Uzoho American oil and gas giant, ExxonMobil, has said unlocking substantial value from Nigeria’s deepwater producing fields, undeveloped discoveries and yet-to-find resources will",
  "key_points": [
    "ExxonMobil investing in integrated workflows for Nigeria deepwater value.",
    "Focus on seismic inversion and forward seismic modeling for field development.",
    "$1 billion commitment to revitalizing Usan deepwater field."
  ],
  "editors_take": "ExxonMobil's push for integrated workflows in Nigeria's deepwater oil fields signals a strategic shift to maximize value from existing assets, undeveloped discoveries, and undiscovered resources through cutting-edge technology and cross-discipline approaches.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}