Report summaryOML 55 is a large block situated in swamp in the southeastern Niger Delta. It was part of the NNPC/Chevron Joint Venture (JV) before being acquired by Belemamoil in February 2015. With a 56.25% interest in Belemaoil, SEPLAT took over operatorship. OML 55 extends 65 kilometres from east to west and the terrain is very difficult, with numerous rivers and creeks. Most of the infrastructure lies in shallow water or tidal swamp. The block contains five producing fields, the largest of which is ...
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