Asset Report
OML 21 (Assa North)
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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Report summary
OML 21 is an onshore lease that is part of the NNPCL/RAEC JV. RAEC (Renaissance Africa Energy Company) is a consortium of four Nigerian indigenous companies - ND Western, Aradel Holdings, First E&P, and Waltersmith - and African-focused player Petrolin.- and African-focused player Petrolin.The block is located 40 kilometres northwest of Port Harcourt. Six oil and gas discoveries have been made: Ahia, Assa, Assa North, Nkisa, Amapu and Awara. Only Ahia is producing. Crude is exported by ...
Table of contents
- Summary
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Key Issues
- OB3 pipeline delays
- Previous joint development plan for Assa North-Ohaji South
- Assa North gas project
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Assa North
- Capital Costs
- Operating Costs
- Petroleum Industry Act
- Condensate
- Global Economic Model (GEM)
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
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Cash Flow (US$)PV Table (US$)Summary Table (US$)
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Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesIndicative Technical ValuationsIndex mapDetail mapParticipationOML 21 discovery wells
- 8 more item(s)...
What's included
This report contains:
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