Asset Report
OML 124
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
OML 124 is a small onshore block in the northern Niger Delta. It was originally called OPL 118 and was awarded to Addax in 1998 as a Production Sharing Contract (PSC). The block was converted to OML 124 in 2002. In 2023, operatorship was transferred from Addax to Antan Producing Limited, a subsidiary of NNPC Limited. The block contains two mature oil fields, Izombe and Ossu, which started production in 1975/76. The Njaba field started production in 2018. Izombe extends into the ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Petroleum Industry Act
- Security at Brass terminal is improving
- Mature oilfields
- Gas monetisation
- Location maps
-
Participation
- Background to Addax's entry and exit
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Izombe
- Ossu
- Njaba
- Gas & LPG Project
- Infrastructure
-
Costs
- Exploration costs
- Capital costs
- Operating costs
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- OML 124 map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- OML 124 production profile
- Production profile
- 20 more item(s)...
What's included
This report contains:
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