Efficiency meets reliability
Powering Energy. Driving Growth.
Applefield Exploration & Production is committed to unlocking Nigeria’s deepwater potential through safe, sustainable, and innovative energy solutions.
2.5B+ BOE
Estimated Recoverable Resources
140K BOPD
Big projects
2030
Planned Production Start
About us
Applefield E&P is an independent Nigerian exploration and production company focused on responsibly developing offshore resources. Recently awarded PPL 2005 and PPL 3017 through a competitive bid round, the company plans to sustainably develop these blocks using smart subsea wells and FPSO technology. The projects are expected to add about 140,000 barrels per day, supporting Nigeria’s goal of reaching 3 million barrels per day. Applefield’s strategy combines efficiency, reduced emissions, and environmental responsibility while aligning with the Federal Government’s deepwater hydrocarbon development and energy sufficiency mandate.

Our Mission
We aim to responsibly explore and develop Nigeria’s energy resources for long-term growth and national impact.
Our Vision
We strive to be a trusted African energy operator delivering value to stakeholders and communities.
Core Values
PPL 2005 – located in ultra-deep waters with depths ranging from 2,402–3,543m. This block holds significant exploration potential and represents a core pillar of Applefield E&P’s offshore growth strategy.
PPL 3017 – situated in similarly challenging ultra-deep waters of 2,700–3,700m. This acreage is strategically positioned to unlock new reserves and contribute meaningfully to long-term sustainable oil and gas development.
Our assets

Covers an area of 955 sq. km in water depths of 2,402–3,543 meters. This block holds significant hydrocarbon potential within Nigeria’s deepwater terrain.

The Opukiri discovery well in OPL 242, located east of the contract area, provides clear evidence of a working petroleum system supporting hydrocarbon generation.

Spanning 932 sq. km in water depths of 2,700–3,700 meters, this block complements PPL-2005, bringing the total contract area to 1,887 sq. km.

The contract area indicates a P2 (50%) recoverable volume of 2.5 billion barrels of oil equivalent (BOE). Exploration and appraisal activities aim to confirm recoverable resources with over 95% certainty.

A phased program of two exploratory and two appraisal wells is planned before moving to production, with first oil targeted by 2030.