Asset Report
OML 17 (Ubima)
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Report summary
Ubima is a marginal field on OML 17 located to the north of Port Harcourt. It was discovered by Shell in 1963, but never developed.In 2010 it was awarded to All Grace Energy. In 2014, Eland Oil & Gas entered the asset taking 40% and technical operatorship. In August 2018, the discovery well was re-entered, and flow tested in several reservoir levels with initial gross rates up to 2,500 b/d. In November 2019, SEPLAT completed the acquisition of Eland Oil & Gas for US$440 million. The ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- SEPLAT Energy divests Ubima
- Ubima faces many development challenges
- Joint development with Omerelu
- Petroleum Industry Act
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Fiscal and regulatory
- Farm-out agreements
Tables and charts
This report includes 8 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
What's included
This report contains:
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