Asset Report
OML 34
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Find out more about our Upstream products
Interested in this report? Explore our Upstream Oil and Gas solutions.
Upstream products and solutions
Report summary
OML 34 is in the onshore western delta of Nigeria and includes the large town of Warri. There are three producing fields in the southeast of the block: Ughelli East, Ughelli West and Utorogu which were developed in the 1960s. Other discoveries in the block include Warri River, Rapele, Crawford Creek, Effurun and Orjo. Warri River and Rapele produced in the past, but were shut-in after being heavily vandalised in 1990 and 1998 respectively. Oil production is gathered at the Ughelli Pumping ...
Table of contents
- Summary
-
Key Issues
- Barging as an alternative crude evacuation solution
- Production through TFP is constrained
- High CO 2 gas composition
- Shell divestment
- Petroleum Industry Act
- Oil
- Gas
- Gas monetisation
-
Emissions
- Oil
- Gas
- Ughelli Pumping Station (UPS)
- Gas Infrastructure
- Capital costs
-
Operating costs
- Petroleum Industry Act
- Tariff receipts
- Global Economic Model (GEM)
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
-
Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)WAGP Gas Prices
-
NGC Gas PricesCash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesIndicative Technical Valuations
- 9 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Country Report
China upstream summary slides
To complement our more detailed China upstream summary we provide a slide-pack of the key issues in China.
$5,700
Asset Report
Borealis (Prudhoe Bay Unit)
The Borealis field is a western satellite of the Prudhoe Bay field on the North Slope of Alaska. The field primarily produces from the ...
$3,720
Asset Report
Block 31-C (Aguaytia)
Block 31-C contains the Aguaytia gas/condensate field, which was brought on-stream in 1998. Aguaytia's development was part of an ...
$3,720
