Asset Report

OML 23 (Soku)

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OML 23 lies in the eastern delta and is part of the NNPC/Shell Joint Venture (JV). The licence contains one producing field, Soku, which has been a major gas supplier to Nigeria LNG (NLNG) since 1999. Soku is located in a coastal swamp zone, around 40 kilometres southwest of Port Harcourt. The field facilities are mounted on piled platforms and can only be reached by boat or helicopter. OML 23 and OML 28, combined, account for around 80% of the Shell JV's gas supply to NLNG, although ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Petroleum Industry Act
      • NLNG supply
      • Shell divestment
      • Low feedstock prices
      • Militancy and theft
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
    • Emissions
  • Development
  • Infrastructure
    • Capital Costs
    • Operating Costs
    • LNG Sales
  • Fiscal and regulatory
    • 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
  • OML 23 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
  • 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 01/01/2024
  • Remaining PV Price Sensitivities
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Sales contracts: Table 1

What's included

This report contains:

  • Document

    OML 23 (Soku)

    PDF 6.91 MB