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Report summary

The Ogbele field is located in the onshore eastern delta. It was carved out of Chevron's OML 54, and in 1996 it was the first marginal field award to be negotiated with an indigenous company. The operator, Niger Delta Petroleum Resources (NDPR), started oil production in October 2005 and the field reserves have been upgraded from the initial estimate of five million barrels to over 20 million barrels. The field facilities include a 20,000 b/d flow station, and a 100 mmcfd gas plant. In 2012, NDPR became the first third party supplier to Nigeria LNG, exporting 15-30 mmcfd. A 1,000 b/d/ diesel topping plant, is also located on-site and refining is carried out when market prices dictate. Condensates are processed at the Ogbele gas plant and propane and LPG is marketed locally.

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Table of contents

Tables and charts

This report includes 22 images and tables including:


  • Index Map
  • Detail Map
  • Ogbele Production Profile
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining PV Price Sensitivities


  • Key facts: Table 1
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Sales contracts: Table 1
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Reserves and resources: Table 2
  • Costs: Table 1
  • Costs: Table 2

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