Report summaryOML 134 is located in deepwater 75 kilometres offshore. The block borders OML 118 containing the giant Bonga field. The Bonga FPSO is located 45 kilometres to the south. Eni has been operator since 1993 and has made three discoveries: Engule, Oberan and Minidiogboro. However, none of these finds are commercial. Despite its location between the giant Bonga and Erha fields, exploration has been disappointing. With the block converted to an OML, the partners have no exploration commitments, however additional drilling is possible to prove up more reserves. OER is looking to withdraw from deepwater acreage (with the exception of the Abo field on OML 125), while the block is non-core for Eni.
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