Asset report

Nigeria Marginal Fields

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Report summary

In 1996 a government decree provided for the voluntary and compulsory divestment of marginal fields by the major IOC/NNPC joint ventures. In 2000 Chevron farmed out the first marginal field (Ogbele on OML 54) to Niger Delta Exploration & Production.In 2001 the government launched a marginal fields programme and invited bids from indigenous companies for 24 out of 113 identified fields. The fields were finally awarded in 2004. The new operators signed farm out agreements (FOA) with ...

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Table of contents

Tables and charts

This report includes 9 images and tables including:

Images

  • Marginal fields awarded in 2004

Tables

  • Key facts: Table 1
  • Participation: Table 1
  • Exploration: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2
  • Fiscal and regulatory: Table 3

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