Asset Report
OML 23 (Soku)
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Report summary
OML 23 lies in the eastern onshore Niger delta and is part of the NNPC/Shell Joint Venture (JV). The licence contains one producing oil and gas field, Soku, which has been a major gas supplier to Nigeria LNG (NLNG) since 1999. Soku is 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 ...
Table of contents
- Summary
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Key Issues
- Continued Equity sell-off in the NNPCL/ Renaissance JV
- NLNG supply
- Militancy and theft
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Emissions
- Soku feedgas ramps up
- Kolo Creek (OML 28) tie-in
- Oil development
- Initial NLNG supply development
- Project Santolina (2017-2020)
- Future development
- Capital Costs
- Operating Costs
- 2 more item(s)...
- Global Economic Model (GEM)
- Cash Flow
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 SensitivitiesIndex MapOML 23 MapParticipationField Hydrocarbon CharacteristicsOML 23 well data
- 8 more item(s)...
What's included
This report contains:
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