Asset report

OML 70

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Report summary

OML 70 is one of four shallow water production licences that form the Joint Venture (JV) between NNPC and Mobil Producing Nigeria (MPN) a wholly owned subsidiary of ExxonMobil. The first commercial discovery Usari was made in 1964. Since then over 20 fields have been discovered on the block. Production began in 1970 from the Asabo field with volumes stored in an offshore tanker. In 1971 the onshore Qua Iboe oil terminal was completed and accepts oil and condensate from all fields in ...

What's included

This report contains

  • Document

    OML 70

    PDF 591.29 KB

  • Document

    OML 70

    XLS 672.00 KB

  • Document

    OML 70

    ZIP 1.15 MB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
  • Costs
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis

Tables and charts

This report includes 24 images and tables including:

Images

  • Index Map
  • OML 70 Detail Map
  • OML 70 Oil and Sales Gas Production
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2017
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2017)
  • Remaining PV Price Sensitivities

Tables

  • Key facts: Table 1
  • Participation: Table 1
  • Participation: Table 2
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Infrastructure: Table 1
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3

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