Asset Report
OML 86
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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Report summary
OML 86 is a shallow water block in the central Niger Delta. It has six fields, four of which have been developed. North Apoi and Funiwa still produce oil but are nearing depletion. Crude from OML 86 was exported by pipelines to the Oloibiri Floating Storage and Offloading (FSO) vessel. The FSO was located 30 kilometres offshore due to the shallow water across OML 86. The FSO has been attacked by militants in the past. It was moved off-site in 2009 and smaller vessels have since been used to ...
Table of contents
- Summary
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Key Issues
- Slight increase in oil production will not extend block life
- Large contingent gas resources with FLNG potential
- Downtime risk
- Acreage will be relinquished because of PIA conversion
- Emissions
- Funiwa gas project
- Okubie & Sengana
- Future Development
- 4 more item(s)...
- Petroleum Industry Act
- Cash flow
- Tariff receipts
- Global Economic Model (GEM) File
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
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Cash Flow (US$)PV Table (US$)Summary Table (US$)
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Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesSub-commercial fieldsIndex mapOML 86 mapParticipationReservoir and Hydrocarbon Characteristics
- 8 more item(s)...
What's included
This report contains:
