Asset Report
OML 70
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Find out more about our Upstream products
Interested in this report? Explore our Upstream Oil and Gas solutions.
Upstream products and solutions
Report summary
OML 70 was one of the 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 of, 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 project. The first commercial discovery, Usari, was made in 1964. Since ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Seplat completes acquisition of MPNU assets
- Production platforms restoration will require investment
- Gas monetisation
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Revamp programme
- East Area Additional Oil Recovery
-
Satellite Fields Development
- Phase 1
- Phase 2
- Gas supply
- Oso condensate
- NGL recovery
-
Field descriptions
- Usari
- Ekpe
- Asabo, Asabo D & Adua
- Enang & Enang West
-
Infrastructure
- Qua Iboe loading terminal (QIT)
-
Costs
- Capital costs
- Operating costs
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- OML 70 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
- Production profile
- Cash flow
- 11 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Ntaka Hill nickel project
A detailed analysis of the Ntaka Hill nickel project.
$2,250
Asset Report
Munali (Enterprise) nickel operation
A detailed analysis of the Munali (Enterprise) nickel project.
$2,250
Asset Report
Luanshya (closed) copper smelter
A detailed analysis of the Luanshya copper smelter.
$2,250
