Asset report
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7 Pages

OML 71

OML 71

Report summary

OML 71 is a small shallow water block located in the southeast Niger Delta. It contains the undeveloped KI oil and gas discovery. OML 71 was part of the NNPC/Shell Joint Venture (JV), however in May 2015 Shell, Total and Eni sold its combined 45% share to West African E&P (WAEP). Although the new operators plan to develop KI in the future, their focus is expected to be developing fields on the nearby OML 72, which was also acquired by WAEP. Appraisal of KI will be required to firm up any development plan. As a result, we class the reserves as non-commercial.

What's included?

This report includes 2 file(s)

  • OML 71 PDF - 554.82 KB 7 Pages, 5 Tables, 2 Figures
  • OML 71 XLS - 234.00 KB

Description

Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.

In this Upstream Oil and Gas Field report you'll find information about participation, exploration, geology, reserves, production, infrastructure, cost, economics and much more.

For potential investors, governments and companies in the oil and gas sector, this report provides an understanding of critical issues at the field level. It will help give you a commercial view of the field and recognise potential benefits and risks.

Wood Mackenzie has over 40 years of experience in commercial analysis and field valuations. Our analysts produce forward-looking analyses, backed by our robust proprietary database of trusted research.

Covering more than 105 countries, we are the recognised gold standard in commercial data and analysis.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Development
  • Fiscal and regulatory

In this report there are 7 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Index Map
    • OML 71
  • Participation
    • Participation: Table 1
  • Geology
    • Geology: Table 1
  • Well data
    • Well data: Table 1
  • Exploration
  • Reserves and resources
    • Reserves and resources: Table 1
  • Development
  • Fiscal and regulatory
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