Asset Report
OML 111
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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 111 is located onshore in the northern Niger Delta. It contains two producing oil fields: Oredo and Oziengbe South. Production from Oredo started in 1997 from five wells tied back to a flow station. The flow station was recently upgraded to accommodate greater production from condensate reservoirs in Oredo. There have been seven other wells drilled in the field although none are currently ...
Table of contents
- Summary
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Key Issues
- Delays to Oredo field to supply Edo refinery
- Oredo
- Oziengbe South
- Capital costs
- Operating costs
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Capital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)Gas Prices for sales to the Power Sector
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Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesIndex MapOML 111 Map
- 7 more item(s)...
What's included
This report contains:
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