Asset Report

OML 133 (Erha)

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OML 133 lies in the western Niger Delta, approximately 100 kilometres offshore. The block contains three deepwater oil fields: Erha, Erha North and Bosi. Development has focused on Erha and Erha North, comprising subsea wells tied-back to the Erha floating production, storage and offloading (FPSO) vessel. Bosi remains undeveloped. Production began from Erha in March 2006, making it Nigeria's second major deepwater project. Erha North started in October 2006. Erha North Phase 2 was ...

Table of contents

  • Summary
  • Key Issues
    • Tie-backs, moorings and installation
    • Subsea Equipment
    • Drilling
    • Well Intervention
    • Erha North Phase 2
    • Erha North Phase 3
    • Mooring chain replacement project
  • Bosi
  • Exploration costs
  • Operating costs
  • Renegotiated 1993 deepwater PSC terms
  • Production bonus
  • Cash Flow
  • Global Economic Model (GEM) File
  • Cash Flow
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

    Index MapOML 133 MapOML 133 Participation
    Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2016-2025)Oil Production ProfileErha FPSO summaryCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)Cash Flow (US$)
  • 7 more item(s)...

What's included

This report contains:

  • Document

    OML 133 (Erha)

    PDF 2.96 MB