Asset Report
OML 122 (Bilabri)
This report is currently unavailable
Report summary
OML 122 is a large block in the shallow water Niger Delta. Five discoveries have been made, but none have been developed. The resources on Bilabri were downgraded by nearly 50% following appraisal in 2006 and over 70% of total volumes are gas. Peak Petroleum was awarded the acreage in the 1990s under the government's indigenous policy.Participation on the block and the discoveries has been the subject of long-running legal action. In 1998 Shell acquired a 40% interest in the block, ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- OML 122 dispute exposes the downside of past government policy to favour indigenous players
- Licence expiry in 2021 might bring an end to the impasse
- There is good exploration upside on OML 122
- Petroleum Industry Act
- Location maps
-
Participation
- Block participation
- Bilabri field participation and funding disputes
- Geology
- Well data
- Exploration
- Reserves and resources
- Development
-
Costs
- Exploration costs
- Fiscal and regulatory
Tables and charts
This report includes 8 images and tables including:
- Key facts: Table 1
- Index map
- OML 122 map
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Participation: Table 1
- Participation: Table 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Turkmengaz minor fields
This report provides reserve and production data for commercial fields in Turkmenistan that are not currently modelled in a detailed ...
$3,100
Insight
Nigeria fiscal reform update
A new legislative term begins on 11 June. We review the fiscal year-to-date and what lies ahead.
$1,350
Insight
Nigerian lawmakers vote to increase deepwater royalties
We analyse the impact of changes which have taken the upstream industry by surprise.
$1,350
