Asset Report
2001 Nigeria Marginal Fields
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Nigeria's marginal fields are typically small fields which have remained for over 10 years. They were first designated in 1996, when a government decree provided for the voluntary and compulsory divestment of marginal fields by the major IOC/NNPC joint ventures. In 2001, a marginal fields programme was launched inviting bids from indigenous companies for 24 out of 113 identified fields. The fields were finally awarded in 2004, as the new operators signed farm-out agreements (FOA) ....
Table of contents
- Summary
-
Key Issues
- Marginal fields and Nigeria's plan to increase production
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Developed fields
- Amoji/Igbolo/Matsogo
- Eremor
- Tom Shot Banks
- Dawes Island
- Atala
- Hely Creek
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Undeveloped fields
- Ekeh
- KE
- Ogedeh
- Tsekelewu
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Fields revoked
- Ororo
- Oriri
- Akepo
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PIA fiscal terms for marginal fields
- Royalties
- Taxes
- Liquids production allowance
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Terms before conversion to PIA terms
- Farm-Out Agreements
Tables and charts
This report includes the following images and tables:
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Marginal fields awarded in 2004*Contingent Resources (2C) at 01/01/2026
What's included
This report contains:
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