Asset Report

OML 68

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OML 68 is one of four shallow water OMLs in a Joint Venture (JV) between NNPCL and Mobil Producing Nigeria Unlimited (MPNU), a wholly-owned subsidiary of ExxonMobil. It is the smallest of these by reserves and area. It has four producing fields: Ata, Idoho, Idoho North and Inanga. Production on Idoho started in 1970, followed by Inanga in 1995 and Idoho North in 2007. The small Ata field came onstream in 2012. Early production was stored in an offshore storage tanker until completion of the ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Seplat Energy acquires ExxonMobil's Nigerian JV business
      • NNPCL liabilities
      • Production platforms restoration
      • Petroleum Industry Act
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
    • Emissions
    • Revamp programme
    • Satellite Fields Development - Phase 2
    • East Area Additional Oil Recovery
  • Infrastructure
    • Capital costs
    • Operating costs
  • Fiscal and regulatory
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Global Economic Model (GEM)
  • Economic analysis

Tables and charts

This report includes 22 images and tables including:

  • Key facts: Table 1
  • Index map
  • OML 68 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 68 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 PV Price Sensitivities
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3

What's included

This report contains:

  • Document

    OML 68

    PDF 5.53 MB