Asset Report

OML 134

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10 January 2018

OML 134

Report summary

OML 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.

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Dispute with NNPC
      • Oando divestment
  • Location maps
  • Participation
    • Oberan
  • Well data
  • Exploration
  • Reserves and resources
    • Royalty
    • Petroleum Profits Tax (PPT)
    • Cost Oil
    • Profit Oil
    • Production Bonus
    • Signature Bonus
    • Duration

Tables and charts

This report includes 11 images and tables including:

  • Key facts: Table 1
  • Index Map
  • OML 134 Map
  • Participation: Table 1
  • Well data: Table 1
  • Exploration: Table 1
  • Reserves and resources: Table 1
  • Geology: Table 1
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2
  • Fiscal and regulatory: Table 3

What's included

This report contains:

  • Document

    OML 134

    PDF 3.72 MB

  • Document

    OML 134

    XLS 412.00 KB

  • Document

    OML 134

    ZIP 4.05 MB

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