Asset Report
OML 125 (Abo)
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Report summary
OML 125 is in the western Niger Delta, 40 kilometres offshore. It contains three fields: Abo, Abo North and Okodo. Abo came onstream in 2003, becoming Nigeria's first ever deepwater producer. It has eight producers as well as two water injectors and two gas injectors. Wells are tied back to a leased FPSO. Abo contributes over a quarter of Eni's net oil production in Nigeria. However, the field is mature.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- 20-year renewal agreed in 2022
- Dispute settlement agreement
- Likely new investment
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Abo Phase 3
- Abo FPSO
-
Costs
- Sunk Costs
- Capital Costs
-
Fiscal and regulatory
- Renegotiated 1993 deepwater PSC terms
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) File
- Economic analysis
Tables and charts
This report includes 24 images and tables including:
- Key facts: Table 1
- Index map
- OML 125 map
- Participation: Table 1
- Participation: Table 2
- Geology: Table 1
- Geology: Table 2
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Abo field production profile
- 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
- Development: Table 1
- Costs: Table 1
- Costs: Table 2
- Fiscal and regulatory: Table 1
What's included
This report contains:
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