Name: OML 25
Brand: Wood Mackenzie
SKU: 19656
Price: 3100 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Asset Report 14 May 2026

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Report summary

OML 25 lies 50 kilometres southwest of Port Harcourt in the onshore eastern delta and is part of the NNPCL/Renaissance Joint Venture. The block is located in mangrove swamp and extends slightly offshore. It is intersected by the Santa Barbara and San Bartholomeo rivers, which are large deltaic tidal channels that enter the Gulf of Guinea. The riverine and swamp environment makes for difficult operating conditions. Field facilities are mounted on semi-submerged piled ...

Summary
Key Issues
- OML 25 restarts production
- Crude theft and pipelineissues
- OML 55 licence could impact Belema fiscals
Emissions
- Belema
- Santa Barbara South
- Project Santolina
- Capital Costs
- Operating Costs
- Petroleum Industry Act
Global Economic Model (GEM)
Cash Flow