Asset Report

OML 67

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OML 67 is situated off the southeast coast of Nigeria near the Cameroon border. The block was one of four shallow-water leases in the Joint Venture (JV) between NNPCL and Mobil Producing Nigeria Unlimited (MPNU), a wholly owned subsidiary of ExxonMobil.In 2024, Seplat Energy acquired the entire share capital of MPNU for US$800 million. MPNU owned 40% equity and operated OMLs 67, 68, 70, 104 and the Qua Iboe oil export terminal. MPNU also had a 51% interest in the Bonny River NGL Recovery ...

Table of contents

  • Summary
    • Domestic gas monetisation
  • Emissions
  • Revamp programme
  • East Area Additional Oil Recovery
    • Asasa
    • Edop
    • Iyak & Iyak SE
    • Mfem
    • Ubit
    • Unam
  • Capital costs
    • Petroleum Industry Act
  • Cash flow
  • 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)Cash 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 ValuationsIndex mapOML 67 map
  • 7 more item(s)...

What's included

This report contains:

  • Document

    OML 67

    PDF 3.16 MB