Asset Report
Nigeria Niger Delta exploration basin
Report summary
Nigeria's Niger Delta is a world-class petroleum province where over 93 billion barrels of oil and gas have been discovered over the last six decades. Since 2009, appetite for high-risk exploration has waned because of proposed legislation that would increase government share. As a result, drilling levels declined, particularly in deep and ultra-deepwater where significant fiscal and/or licence term changes could have a material impact on economics. Onshore, oil theft, vandalism and labour disputes continue to plague operators.
Table of contents
-
Summary of commercial outlook
- Advantages:
- Challenges:
- Wells drilled
- Company activity
-
Prospective resource by play
- Tertiary Onshore
- Tertiary Shelf
- Tertiary Ultra-Deepwater
- Prospective resource costs and underlying development assumptions
- Prospect economics -Tertiary Onshore
- Prospect economics -Tertiary Shelf
- Prospect economics -Tertiary Deepwater
-
Prospect economics -Tertiary Ultra-Deepwater
- Full-cycle basin economics
- Licensing
- Petroleum Industry Bill (PIB) and reform
- Fiscal terms
-
Oil and gas prices
- Tertiary Onshore and Shelf plays
- Tertiary Deepwater and Ultra-deepwater plays
Tables and charts
This report includes 40 images and tables including:
- Exploration history map
- Drilling activity by well type
- Discoveries and success rates
- Top 10 discoveries
- Current acreage holders
- Tertiary Onshore
- Tertiary Shelf
- Tertiary Deepwater
- Tertiary Ultra-Deepwater
- Summary of discovery and development costs
- Unit value of potential discoveries
- Breakeven price of exploration
- Tertiary Onshore
- Unit value of potential discoveries
- Breakeven price of exploration
- Tertiary Shelf
- Unit value of potential discoveries
- Breakeven price of exploration
- Tertiary Deepwater
- Unit value of potential discoveries
- Breakeven price of exploration
- Tertiary Ultra-deepwater
- Typical terms for Onshore prospects
- Typical terms for Shelf prospects
- Typical fiscal terms for Deepwater and Ultra-deepwater prospects
- Exploration wells by play
- Key play characteristics
- Creaming curve
- Prospective resource summary
- Creaming curve
- Prospective resource summary
- Creaming curve
- Prospective resource summary
- Creaming curve
- Prospective resource summary
- Brent and local oil price assumptions
- Henry Hub and local gas price assumptions
- Brent and local oil price asumptions
- Henry Hub and local gas price assumptions
What's included
This report contains:
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