Asset Report

OML 113 (Aje)

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OML 113 contains the Aje oil and gas field, located 24 kilometres offshore in the Keta-Togo-Benin basin. The block is adjacent to the border with Benin and was awarded to Yinka Folawiyo Petroleum (YFP) in 1991 as OPL 309. OPL 309 was converted to OML 113 in 1998. Since 2001, YFP has seen a number of partners come and exit OML 113. YFP's current partners are: New Age (African Global Energy Ltd), Energy Equity Resources, ADM Energy and PetroNor. Aje was developed with a floating ...

Table of contents

  • Summary
    • Gas monetisation
    • Historical participation
    • Licence renewal
    • Recent participation
    • Aje Production SPV for gas
    • JV dispute
    • FPSO
    • Drilling
    • Turonian gas development
  • Exploration costs
  • Capital costs
    • Petroleum Industry Act
  • Cash flow
  • Global Economic Model (GEM)
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2013 to 2021 (US$ million)Cash Flow (US$)
    PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Index mapOML 113 map
  • 7 more item(s)...

What's included

This report contains:

  • Document

    OML 113 (Aje)

    PDF 2.80 MB