Asset Report
OML 108 (Ukpokiti)
This report is currently unavailable
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
- Key facts
-
Summary and key issues
- Summary
- Licence revocation
- FPSO destroyed by explosion and fire
- Location maps
-
Participation
- Historical participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
- Development
- Costs
- Fiscal and regulatory
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Tariff receipts
- Global Economic Model (GEM) File
- Economic analysis
Tables and charts
This report includes 20 images and tables including:
- Key facts: Table 1
- Index Map
- OML 108 Map
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production Profile (Ukpokiti Field)
- Capital costs
- Operating costs
- Fiscal and regulatory: Table 1
- 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 01/01/2024
- Remaining Present Value Price Sensitivities
- Participation: Table 1
What's included
This report contains:
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