Asset Report
OML 72
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Report summary
OML 72 is a large shallow water block in the southeast Niger Delta. It is known as the 'K-block' because of the type of faulting prevalent, it contains the Kalaekule oil field (also known as KC field) which started production in 1986. Crude was sent by pipeline to the nearby Bonny oil terminal, where it was processed and exported. Production ceased in 2002 following a dramatic decline and a sudden increase in water cuts. The facilities were left and since vandalised. West African ...
Table of contents
- Summary
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Key Issues
- Kalaekule is onstream
- Gas development
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Emissions
- Field redevelopment
- Exploration costs
- Capital costs
- Operating 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:
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Cash Flow (US$)PV Table (US$)Split of Revenues
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Cumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesIndicative Technical ValuationsIndex MapOML 72 MapParticipationReservoir and Hydrocarbon CharacteristicsOML 72 wells
- 7 more item(s)...
What's included
This report contains:
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