All Grace Energy Limited was incorporated in 2006 as a single asset company focused on the upstream oil and natural gas exploration and production of assets. All Grace Energy Limited is an indigenous company that enjoys acceptability by the host community. The company has interests in one of the largest onshore oil blocks in Nigeria which is OML 17 located in Rivers states. There are 15 oil and gas fields on OML 17 in which All Grace Energy Limited is an operator.
All Grace Energy Limited acquired a 60% interest in the operation of Ubima marginal oil field. The company produces about 1500 barrels of oil per day on an average (bopd) and about 45,000 barrels of oil in a month.
AGEL is a company that is blessed with top-notch professional expertise in all aspects of the petroleum and energy sectors. These expertise ranges from field development, operations, subsurface characterisation, reservoir engineering, power generation and distribution, legal advisory and management.
All Grace Energy Limited centre its values on responsibility, integrity and respect for people and the environment. By making commitment to these in our working lives, each of us plays our part in protecting humanity, and enhancing the image of our company.
“To be an integrated energy company that ensures optimal utilization of hydrocarbon resources for the benefit of the Nation and local communities; and to achieve this, our company shall:
All Grace Energy Limited is developing the Ubima marginal field as a mechanism for creating localised domestic market using small scale utilization projects as the backbone and integral part of all field development activities. This is a unique scheme that enables All Grace Energy Limited to operate a zero-flare facility, an objective that is tandem with government policies on local content and community development.
