Asset report
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21 Pages

Nafoora-Augila


Nafoora-Augila

Report summary

The Nafoora-Augila field is located in the Sirte Basin in the east of Libya. The field has an estimated 7.5 billion barrels of oil in place, making it one of Libya's major oil fields. It is operated by the Arabian Gulf Oil Company (Agoco), which is a partnership of NOC, Occidental and OMV. In 2008, Occidental and OMV signed an Exploration and Production Sharing Agreement (EPSA) with NOC for all their Libyan assets, including Nafoora-Aguila. Concession licences were converted to EPSA IV terms and a 30-year licence extension was granted. In 2008, Occidental and OMV announced a five to seven year re-development plan to increase production across all their assets from 100,000 b/d to 300,000 b/d by investing US$2.5 billion (US$5 billion including NOC's share). The Nafoora- Augila field was expected to be the focus of investment. The re-development plan would increase production capacity at the field from 50,000 b/d to 130,000 b/d.

What's included?

This report includes 2 file(s)

  • Nafoora-Augila PDF - 534.62 KB 21 Pages, 22 Tables, 9 Figures
  • Nafoora-Augila XLS - 939.50 KB

Description

Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.

In this Upstream Oil and Gas Field report you'll find information about participation, exploration, geology, reserves, production, infrastructure, cost, economics and much more.

For potential investors, governments and companies in the oil and gas sector, this report provides an understanding of critical issues at the field level. It will help give you a commercial view of the field and recognise potential benefits and risks.

Wood Mackenzie has over 40 years of experience in commercial analysis and field valuations. Our analysts produce forward-looking analyses, backed by our robust proprietary database of trusted research.

Covering more than 105 countries, we are the recognised gold standard in commercial data and analysis.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
    • Eocene Augila Formation
    • Eocene Gialo Limestone
    • Palaeocene Sabil Formation
    • Late Cretaceous Maragh Formation
    • Late Cretaceous Tagrifet Limestone
    • Cambro-Ordovician Amal Formation
    • Pre-Cambrian Basement
  • Well data
  • Exploration
  • Reserves and resources
  • Production
    • Pre-conflict production
    • Incremental production
    • Post contract production
  • Development
    • Redevelopment
    • Wells
    • Facilities
  • Infrastructure
  • Costs
    • Capital Costs
    • Operating Costs
  • Fiscal and regulatory
    • EPSA IV terms
    • Production sharing
    • Signature Bonus
    • Old Tax/Royalty Terms
    • Royalty
    • Depreciation
    • Profit Margin
    • Tax
  • Economic assumptions
    • Cash Flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Contract Extension
    • Global Economic Model (GEM) File
  • Economic analysis
    • Indicative technical valuations

In this report there are 31 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Index Map
    • Nafoora-Augila Map
  • Participation
    • Participation: Table 1
  • Geology
    • Geology: Table 1
    • Geology: Table 2
    • Geology: Table 3
    • Geology: Table 4
    • Geology: Table 5
  • Well data
    • Well data: Table 1
  • Exploration
  • Reserves and resources
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Production Profile
    • Post Contract Production Profile (post-2037)
  • Development
  • Infrastructure
    • Infrastructure: Table 1
  • Costs
    • Costs: Table 1
    • Costs: Table 2
    • Costs: Table 3
  • Fiscal and regulatory
    • Fiscal and regulatory: Table 1
    • Fiscal and regulatory: Table 2
  • Economic assumptions
  • Economic analysis
    • Cash Flow
    • Economic analysis: Table 2
    • Economic analysis: Table 3
    • Split of Revenues
    • Cumulative Net Cash Flow - Undiscounted
    • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2017
    • Remaining Revenue Distribution (Discounted at 10% from 01/01/2017)
    • Remaining Present Value Price Sensitivities
    • Economic analysis: Table 4
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