Asset Report
OML 58
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Report summary
OML 58 is the only onshore block in the NNPC/Total Joint Venture. The other assets in the JV are OML 99, OML 100 and OML 102. OML 58 lies in the eastern Niger Delta, 30 kilometres northwest of Port Harcourt. It contains Obagi, which is the JV's oldest field and also one of Nigeria's largest, and the Ibewa gas/condensate field. Since 2005, major investments have been made to upgrade the OML 58 facilities to exploit its gas reserves. The OML 58 Upgrade Project, from 2008-2016 ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
- OML 58 Upgrade Project
- Obagi
- Ibewa
- Ubeta
- Greenville LNG
-
Infrastructure
- Oil
-
Gas
- Obite-Ubeta-Rumuji (OUR) pipeline
- Northern Option Pipeline (NOPL)
-
Costs
- E&A costs
- Capital Costs
- Operating Costs
-
Sales contracts
- Domgas obligation
- Fiscal and regulatory
-
Economic assumptions
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM)
- Economic analysis
Tables and charts
This report includes 26 images and tables including:
- Key facts: Table 1
- Index Map
- OML 58 Detail 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
- OML 58 Production Profile
- Sales contracts: 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 01/01/2018
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
- Remaining PV Price Sensitivities
- Infrastructure: Table 1
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Sales contracts: Table 2
- Infrastructure: Table 2
What's included
This report contains:
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