Asset Report
OML 124
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Find out more about our Upstream products
Interested in this report? Explore our Upstream Oil and Gas solutions.
Upstream products and solutions
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:
Other reports you may be interested in
Country Report
Democratic Republic of Congo upstream summary
The Democratic Republic of Congo (DRC) has opened 52 exploration blocks to investors. The government announced the decision during the ...
$6,480
Asset Report
Vaal Reefs North Lease including Moab (to 1998) (Closed) gold mine
A detailed analysis of the Vaal Reefs North Lease including Moab (to 1998) (Closed) gold mine.
$2,250
Asset Report
Point of Ayr Gas Terminal
The Point of Ayr Gas terminal lies in Flintshire, North Wales, at the mouth of the Dee estuary, and received gas from the Liverpool Bay ...
$2,580
