The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)has highlighted the potential of multi client data and technology to drive cost efficiency and reserve growth in Nigeria’s upstream sector.

The Executive Commissioner of Development and Production at the Commission, Engr. Enorense Amadasu, represented by Engr. Emmanuel Mac-Jaja, explained that this approach, which leverages shared data resources among multiple operators, enables oil and gas companies to access critical geophysical and geological data at a fraction of the cost.

This model, he noted, reduces redundant data acquisition efforts, allowing companies to focus resources on exploration and production (E&P) activities rather than on expensive, repetitive data collection.

According to him, by centralizing data and using advanced analytics, operators can gain deeper insights into potential reserves, thereby optimizing exploration success.

Engr. Amadasu further stated that multi-client data solutions are particularly important for Nigeria, where high exploration costs and operational complexities often deter investment. He added that these data sharing initiatives can help mitigate such challenges by minimizing financial risks associated with exploration and development.