Asset Report
OML 108 (Ukpokiti)
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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Report summary
OML 108 is located offshore in the western Niger Delta. In 1990, a Nigerian company, Express Petroleum, was awarded the block as Oil Prospecting Lease (OPL) 74 under indigenous concession terms. Following the discovery of the Ukpokiti field in 1993, the licence was converted into Oil Mining Lease (OML) 108 in 1996. The Ukpokiti field is developed through a floating production, storage and offloading vessel (FPSO) Trinity Spirit. Production started in 1997 and peaked at over...
Table of contents
- Summary
-
Key Issues
- Licence revocation
- FPSO destroyed by explosion and fire
- Capital costs
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Operating costs
- Petroleum Industry Act
- Cash Flow
- Tariff receipts
- Global Economic Model (GEM) File
- Cash Flow
Tables and charts
This report includes the following images and tables:
- Capital Costs Pre-2010 to 2018 (US$ million)
- Operating Costs 2010 to 2018 (US$ million)
- Cash Flow (US$)
- PV Table (US$)
- Summary Table (US$)
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2026
- Remaining Present Value Price Sensitivities
- Index Map
- OML 108 Map
- Field Hydrocarbon and Reservoir Characteristics
- 5 more item(s)...
What's included
This report contains:
