Asset Report
OML 16 (Ibigwe)
Report summary
The onshore Ibigwe marginal field is located in OML 16 in the eastern Niger Delta. It was discovered by Shell in 1965 and produced from 1971 to 1989. In 2003, Ibigwe was included in a marginal field licensing round and was awarded to Walter Smith Petroman and Morris Petroleum.Ibigwe was re-started in 2008 via an Early Production Facility (EPF), thus becoming the first of the 2003 round marginal fields onstream. Between 2012 and 2015, the operator drilled five wells, performed workovers, ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Petroleum Industry Act
- Modular refinery
- Crude thefts
- Heavy crude oil
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
- Refinery development
- Infrastructure
-
Costs
- Capital costs
- Operating costs
- Fiscal and regulatory
-
Economic assumptions
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM)
- Economic analysis
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index Map
- Ibigwe 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
- Production Profile
- Infrastructure: Table 1
- Fiscal and regulatory: Table 1
- 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 01/01/2023
- Remaining PV Price Sensitivities
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
What's included
This report contains:
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