Asset Report
OML 59
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Report summary
OML 59 is a large block on the coastal swamp fringe of the Niger Delta. The licence contains the Otuo and Otuo South fields, which were discovered by Elf in the 1970s. The fields were brought onstream by the indigenous company ConOil in 1999. The small Obra field was discovered in 2005 and brought onstream in 2007. Ango was discovered in 2013, 30 kilometres northwest of the Otuo fields. It was brought onstream in 2016.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Eastline Energy Lawsuit case
- Oil spills and protests
- Petroleum Industry Act
- Challenging operating environment for E&P
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
- Development
- Infrastructure
-
Costs
- Exploration Costs
- Capital Costs
- Operating Costs
- Fiscal and regulatory
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM)
- Economic analysis
Tables and charts
This report includes 24 images and tables including:
- Key facts: Table 1
- Index Map
- OML 59 Map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Exploration: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- OML 59 Production Profile
- Infrastructure: 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 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining Present Value Price Sensitivities
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
What's included
This report contains:
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