Asset report
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17 Pages

OML 137

OML 137

Report summary

OML 137 is located in the southern Niger Delta, in water depths of 70-170 metres. The block contains eight discoveries. Addax converted the original exploration licence, OPL 229, to a production licence in 2007. An extension to the licence was negotiated in 2012, and we assume it was for 20 years. A series of gas discoveries were made before the Ofrima North oil discovery in 2007. A further oil discovery was made at Udele, and these two fields are now being developed. We assume that the ...

What's included?

This report includes 2 file(s)

  • OML 137 PDF - 522.02 KB 17 Pages, 16 Tables, 8 Figures
  • OML 137 XLS - 709.00 KB

Description

Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.

In this Upstream Oil and Gas Field report you'll find information about participation, exploration, geology, reserves, production, infrastructure, cost, economics and much more.

For potential investors, governments and companies in the oil and gas sector, this report provides an understanding of critical issues at the field level. It will help give you a commercial view of the field and recognise potential benefits and risks.

Wood Mackenzie has over 40 years of experience in commercial analysis and field valuations. Our analysts produce forward-looking analyses, backed by our robust proprietary database of trusted research.

Covering more than 105 countries, we are the recognised gold standard in commercial data and analysis.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
    • Commitments
    • Exploration
  • Reserves and resources
  • Production
  • Development
    • Key development metrics
      • Ofrima North (Phase 1A)
      • Udele (Phase 1B)
      • Udele (Phase 2)
  • Costs
  • Fiscal and regulatory
    • Royalty
    • Petroleum Profits Tax (PPT)
    • Cost Oil
    • Profit Oil
  • Economic assumptions
    • Discount rate and date
    • Inflation rate
    • Oil price
    • GEM Filename
  • Economic analysis

In this report there are 24 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Index Map
    • OML 137 Map
  • Participation
    • Participation: Table 1
  • Geology
    • Geology: Table 1
  • Well data
    • Well data: Table 1
  • Exploration
    • Exploration: Table 1
  • Reserves and resources
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Ofrima North/Udele Production Profile
  • Development
  • Costs
    • Costs: Table 1
    • Costs: Table 2
  • Fiscal and regulatory
    • Fiscal and regulatory: Table 1
    • Fiscal and regulatory: Table 2
  • Economic assumptions
  • Economic analysis
    • 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 01/01/2017
    • Remaining Revenue Distribution (Discounted at 10% from 01/01/2017)
    • Remaining PV Price Sensitivities
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Department : .............
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Date : .............
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