Asset Report

OML 126 (Okwori and Nda)

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23 January 2020

OML 126 (Okwori and Nda)

Report summary

OML 126 is a shallow water block in the Niger Delta. There are four fields on the block but only two - Okwori and Nda - are producing. Addax brought them onstream in 2005 via subsea wells tied-back to the leased Sendje Berge floating production, storage and offloading (FPSO) vessel. The use of subsea technology in shallow water was very unusual at the time of development, but it allowed for a more economically attractive project. However, the physical properties of the Okwori reservoirs ...

Table of contents

Tables and charts

This report includes 24 images and tables including:

  • Key facts: Table 1
  • Index Map
  • OML 126 (Okwori Field)
  • 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 126 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 01/01/2020
  • Remaining PV Price Sensitivities
  • Exploration: Table 1
  • Development: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2

What's included

This report contains:

  • Document

    OML 126 (Okwori and Nda)

    PDF 4.57 MB

  • Document

    OML 126 (Okwori and Nda)

    XLS 454.00 KB

  • Document

    OML 126 (Okwori and Nda)

    ZIP 4.52 MB

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