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OML 137

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10 July 2018

OML 137

Report summary

OML 137 is a shallow water block in the southern Niger Delta. Addax converted the original exploration licence, OPL 229, to a production licence in 2007. There are nine discoveries on the block but only two fields are considered commercial - Ofrima North and Udele. Addax made a series of gas discoveries before the Ofrima North oil discovery in 2007. However, the lack of gas terms in the PSC means the gas reserves can not be commercialised.Addax aims to develop oil from Ofrima North and ...

Table of contents

Tables and charts

This report includes 24 images and tables including:

  • Key facts: Table 1
  • Index Map
  • OML 137 Map
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Ofrima North/Udele Production Profile
  • Costs: Table 1
  • Costs: Table 2
  • 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 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining PV Price Sensitivities
  • Exploration: Table 1
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2

What's included

This report contains:

  • Document

    OML 137

    PDF 4.02 MB

  • Document

    OML 137

    XLS 705.50 KB

  • Document

    OML 137

    ZIP 4.61 MB

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