One of the biggest and recent problems in Nigerian energy sector is the high rate of oil thefts. This violence, fights against the multinational companies which have started their business in the country. Estimates of ultimate recoverable oil reserves in the deepwater are high, as well as the potential for large and giant discoveries. Chevron's massive Agbami Field, for example, which went on stream in July 2009, covers 182 km2 and contains recoverable reserves of approximately 900 MMbo.
The first field to go on production in water depths over 3,300 ft was Shell's Bonga Field, in 2005, which was discovered in the mid 1990's. The field, operated by Shell, contains reserves of 6Bboe per day. During the past few years the exploration has been moving into even deeper waters, with recent wells in depths 9,000ft. However, move to offshore did not remove oil operations from the sphere of the thefts, the Bonga complex, was attacked by the Movement of the Emancipation of the Nigerian Delta (MEND.
Source: http://www.geoexpro.com/country_profile/nigeria/
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