Heirs Energies imparts model for unlocking value in mature assets at China Oil & Gas Conference
CHIGOZIE AMADI
Heirs Energies has showcased its operational model for unlocking value in mature assets at the 2026 China Oil and Gas Engineering Technology Exchange Conference.
The Senior Vice President, Engineering & Projects, Heirs Energies, Uzoma Nwokorie, presented the company’s operational strategy as a replicable model for unlocking value in mature assets. He used Heirs Energies’ Oil Mining Lease (OML) 17 as a case study to demonstrate how a “repair, reuse, and re-engineer” approach, supported by data, can drive sustainable production growth.
Uzoma shared with other conference attendees that the “repair, reuse, and re-engineer” strategy delivered measurable results, including the reactivation of over 100 wells, increased gas production, and support for domestic power generation – reinforcing the role of indigenous operators in advancing Nigeria’s energy security.
According to him, at the core of the model was a focus on practical, cost-effective solutions that deliver results and can be replicated across similar brownfield assets. Uzoma noted that reliable infrastructure and a strong culture of safety at Heirs Energies also played a critical role in enabling this sustainable growth.
He concluded by saying that brownfield assets are not in decline, they are opportunities for sustainable growth.
