From 27,000 to 40,000: Heirs Energies Stages Rapid Oil Production Climb
In three years, Heirs Energies has transformed from a fledgling player into a Nigerian energy powerhouse, its oil production figures echoing a resounding chorus of success. Under the leadership of Tony Elumelu, a visionary with deep roots in the Niger Delta, the company has doubled its output, soaring from 27,000 to a remarkable 40,000 barrels per day – a 48% increase that resounds throughout the industry.
But Heirs Energies is more than just a production juggernaut. It’s a beacon of hope, demonstrating that Africa can harness its own resources for the benefit of its people. “As someone from the Niger Delta,” Elumelu reflects, “I knew Nigeria could do better. My vision was to build Africa’s largest indigenous-owned integrated energy company, focused on Africa’s unique needs.”
This philosophy resonates in every facet of Heirs Energies’ operations. Under the skilled guidance of Managing Director/CEO Osa Igiehon, the company has tackled the industry’s Achilles’ heel – theft. Through collaboration with the government, they’ve slashed pilferage from a crippling 97% to a manageable 15%, restoring precious resources to fuel development.
“These efforts haven’t gone unnoticed,” says Minister of State for Petroleum Resources, Timipre Sylva. “Heirs Energies’ commitment to security and transparency is a model for the industry. They’re proving that responsible resource management can lead to shared prosperity.”
But Heirs Energies isn’t content with just securing the present; it’s actively shaping the future. Over 300 young Nigerians have received invaluable skills and training through the company’s empowerment programs, equipping them to be drivers of their own destinies. In host communities, the glow of progress shines brighter than ever, thanks to upgraded electrical infrastructure benefiting over 270,000 lives.
“It’s about more than just profits,” says Heirs Energies Head of Community Engagement, Amina Maina. “We’re committed to building brighter futures for the communities where we operate, ensuring everyone shares in the benefits of our success.”
This dedication to safety also permeates operations. With 1.5 million man-hours clocked and not a single Loss Time Injury, Heirs Energies sets a new standard for the industry. “Safety isn’t a slogan; it’s a way of life for us,” emphasizes Chief Operating Officer, Emmanuel Anyaoku. “Our people are our greatest asset, and we’re committed to protecting them every step of the way.”
Heirs Energies’ story is not just about numbers; it’s about a vision taking root and bearing fruit. It’s about rewriting the narrative of African energy, proving that homegrown expertise can not only compete but excel. In a continent often plagued by resource exploitation, Heirs Energies stands as a testament to responsible stewardship, community upliftment, and sustainable growth.
As Elumelu asserts, “Heirs Energies is just the beginning. We’re building a pan-African energy giant, one that fuels not just economies but dreams. The future of African energy is ours to write, and we’re writing it with every barrel we produce, every life we empower, and every community we illuminate.”
With audacious goals and a commitment to shared prosperity, Heirs Energies is more than just a company; it’s a movement, and its light is only getting brighter. The future of Nigerian and African energy, it seems, is in good hands
