Asset Report
OML 60
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Report summary
OML 60 is part of the Joint Venture (JV) between Oando and NNPC E&P Limited (NEPL). It is the smallest and northernmost block in the JV and ten fields have been discovered on it. The Niger River bisects OML 60, and its acreage is prone to seasonal flooding.Only four fields are still producing- Akri, Kwale, Okpai and Ashaka. Production is gathered at the Akri and Kwale-Okpai flow stations each with a capacity of 50-60 kb/d. Oil is exported by pipeline to the Oando-operated Brass River ...
Table of contents
- Summary
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Key Issues
- Oando first major operated upstream position
- Licence expires in 2027
- Kwale-Okpai IPP expansion shelved
- Emissions
- Petroleum Industry Act
- Cash Flow
- Global Economic Model (GEM)
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Prices for gas sold to Kwale-Okpai IPP
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Prices for gas sold to NLNGCash 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 SensitivitiesIndex Map
- 8 more item(s)...
What's included
This report contains:
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