OML 126 (Okwori & Nda)
Report summary
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Addax finally exits its PSCs with OML 126 reverting to NNPC Limited as concessionaire
- Limited production in 2022
- Piracy incident in 2020
- Emissions intensity is extremely high
- Petroleum Industry Act
- Location maps
-
Participation
- Background to Addax's entry and exit
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
-
FPSO
- Arbitration
- Okwori
- Nda
- Gas potential
-
FPSO
- Infrastructure
-
Costs
- Capital Costs
- Operating costs
-
Fiscal and regulatory
- OML 126 PSC fiscal terms
- Royalty
- Petroleum Profits Tax (PPT)
- Cost oil
- Profit oil
- Post-2022 fiscal terms
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) File
-
Economic analysis
-
Cash Flow
- PSC fiscal terms
-
Cash flow
- Concession fiscal terms
-
Cash Flow
Tables and charts
This report includes 32 images and tables including:
- Key facts: Table 1
- Index Map
- OML 126 (Okwori Field)
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Exploration: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- OML 126 PSC production profile
- OML 126 Concession production profile
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
- Development: Table 1
- Economic analysis: Table 1
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2023
- Economic analysis: Table 4
- Economic analysis: Table 5
- Economic analysis: Table 6
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2023
- Remaining PV Price Sensitivities
What's included
This report contains:
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