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 ...

What's included

This report contains

  • Document

    Nigeria Marginal Fields

    PDF 541.85 KB

  • Document

    Nigeria Marginal Fields

    XLS 374.50 KB

  • Document

    Nigeria Marginal Fields

    ZIP 868.89 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Costs
  • Fiscal and regulatory
  • Economic analysis

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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