Ingentia Energies Limited

What Ingentia Energies Limited does

Ingentia Energies Limited is a privately held Nigerian upstream oil and gas company incorporated in 2022 as a special purpose vehicle (SPV) to operate the Egbolom field under Petroleum Mining Lease 66 (PML 66) in the Central Niger Delta Sedimentary Basin. The Egbolom field was originally discovered in 1982 but had been abandoned for decades before Ingentia re-entered the Egbolom-2 well in January 2024 and achieved first oil on April 27, 2024. The company reports 65.37 million barrels of 2P (proven + probable) reserves and currently produces approximately 2,500 barrels of oil per day (bopd), with publicly stated targets of 6,000 bopd in the near term and 30,000 bopd by 2030.

The company's operating technology comprises upstream exploration and production activities including well re-entry, production facility installation, crude treatment, and trucking-based evacuation to the Ogbele terminal approximately 12 km from the field. Ingentia holds ISO 9001 (Quality Management) and ISO 45001 (Occupational Health and Safety) certifications and was recognized by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as a model indigenous operator in 2026. The company was the first among 2022 marginal field awardees to convert PPL 202 to PML 66, securing a 20-year lease tenure from June 2025 to June 2045.

Revenue is generated through crude oil sales under offtake arrangements with oil trading companies and refineries at market prices indexed to international benchmarks such as Brent. The company operates with a small team of 20+ employees across five shareholders and engages approximately 25 local community contractors in operations. Distribution occurs via direct B2B sales channels to enterprise offtake counterparties, with crude evacuated by truck to nearby existing infrastructure, and the company maintains a single corporate headquarters in Lagos. Leadership transitioned in March 2026 when Mrs. Olajumoke Ajayi stepped down as MD/CEO, with Engineer Charles Odita assuming the role on an interim basis.

Name

Ingentia Energies Limited

Legal name

Ingentia Energies Limited

Website

https://ingentiaenergies.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Ingentia Energies Limited is a Nigerian upstream oil and gas producer operating the Egbolom field under a 20-year mining lease (PML 66), currently producing approximately 2,500 barrels of oil per day with a 30,000 bopd target by 2030, selling crude via offtake to trading companies and refineries.

Ownership category

akta.pro rank

Product category

Upstream Oil and Gas Production

NAICS

Crude Petroleum Extraction (211120), Oil and Gas Extraction (211), Natural Gas Extraction (211130)

SIC

Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF)

akta.pro secondary industries

Drilling & Well Construction (E&P Operator-led) (EUALAAAD), Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM)

Keywords

• Upstream oil production
• Crude oil extraction
• Marginal field development
• Petroleum mining operations
• Oil exploration services

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Crude Oil Production and Sales: The company generates revenue through the production and sale of crude oil from the Egbolom field. Revenue is derived from selling crude oil volumes to offtake buyers under contractual arrangements. Production began in April 2024 with initial output of 3,000 BOPD from the Egbolom field.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Ingentia Energies Limited is an independent upstream oil and gas company that operates the Egbolom marginal field in Nigeria's Central Niger Delta under Petroleum Mining Lease 66 (formerly PPL 202). The company produces crude oil from re-entered wells, processes and treats the output, and sells the crude via offtake contracts to oil trading companies and refineries, with evacuation by trucking to nearby infrastructure (Ogbele terminal, approximately 12 km from the field).

Product overview

Ingentia Energies Limited is an independent upstream oil and gas company operating as a special purpose vehicle (SPV) incorporated in 2022 to manage the Egbolom field. The company operates a single primary product line focused on crude oil and gas exploration and production from Petroleum Mining Lease 66 in Nigeria's Niger Delta. Operations center on the Egbolom field, which produces crude oil through installed production facilities with evacuation via trucking to nearby infrastructure. The company is expanding its production capacity from current levels toward a 30,000 bopd target by 2030. Sustainability and environmental management practices are integral to operations rather than a separate offering.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude Oil Production from Egbolom Field Production and sale of crude oil from the Egbolom field under Petroleum Mining Lease 66 in Nigeria's Central Niger Delta. Currently producing approximately 2,500 bopd, targeting 6,000 bopd and 30,000 bopd by 2030. Crude is evacuated by trucking to nearby infrastructure (Ogbele terminal, ~12 km from the field) and sold under offtake contracts to oil trading companies and refineries.
• Petroleum Mining Lease Operations (PML 66) Long-term upstream operations licence for the Egbolom field, providing the regulatory foundation for sustained crude oil production, treatment, and offtake over a 20-year tenure (June 2025 to June 2045) under Nigerian upstream petroleum regulation.

Quantifiable outcome

• First oil achieved April 27, 2024 - converted long-abandoned Egbolom-1 well to production within short timeframe
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Nearby Infrastructure OperatorscoreOthers · 27 April 2024Production evacuation through trucking arrangements to nearby infrastructure facilities. The Egbolom field is located approximately 12km from the Ogbele terminal and 18km north-east of the Soku Field, utilizing existing infrastructure for crude oil evacuation.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Oando Energy Resources: Integrated Nigerian energy company with upstream oil & gas interests in the Niger Delta; a broader incumbent that sets the benchmark for Nigerian indigenous upstream operators.
• First E&P (First Hydrocarbon): Nigerian upstream operator focused on shallow-water and onshore fields; a broader indigenous upstream peer with comparable regulatory and operational context.
• Seplat Energy: Larger, publicly listed Nigerian E&P company with onshore/offshore Niger Delta assets; broader portfolio but a key comparable for indigenous upstream operators in Nigeria.
• Aiteo Group: Nigerian integrated energy company with significant onshore Niger Delta upstream operations; comparable at industry level despite a much larger and more diversified asset base.

Direct peers

• Eroton Exploration & Production: Nigerian upstream operator with significant onshore Niger Delta production; comparable in operating geography, indigenous-operator positioning, and single-asset concentration.
• ND Western: Nigerian operator holding interests in onshore Niger Delta acreage; comparable indigenous upstream operator serving similar market dynamics.
• Waltersmith Petroman Oil & Gas: Nigerian indigenous upstream operator and marginal field licensee (Ibigwe field), focused on crude oil production and re-entry of legacy assets — a closely comparable indigenous operator model to Ingentia's Egbolom operation.
• Frontier Oil: Nigerian indigenous upstream operator holding interests in onshore Niger Delta fields; a comparable indigenous E&P with a similar asset-type and operator profile.
• Platform Petroleum: Nigerian indigenous E&P company operating marginal fields in the Niger Delta with a focus on indigenous participation and onshore production — directly comparable in asset profile and operator model.
• Niger Delta Exploration & Production (NDEP): Indigenous Nigerian upstream operator with onshore Niger Delta production; comparable asset profile, scale, and indigenous-operator positioning.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/Ingentiaenergy
• Facebookfacebook.com/Ingentiaenergy
• LinkedInlinkedin.com/company/ingentia-energies-limited
• Instagraminstagram.com/ingentiaenergiesltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ingentia Energies Limited