Asset report

OPL 245 (Etan and Zabazaba)

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Summary

OPL 245 is located on the southern edge of the Niger Delta, in water depths ranging from 1,700 to 2,000 metres. The block holds significant discovered hydrocarbon reserves and is thought to be very prospective. Two oil and gas discoveries have been made on the block. Etan and Zabazaba were discovered in 2005 and 2006 respectively. Eni plans to develop the Etan and Zabazaba fields in phases with subsea wells tied-back to a leased floating production, storage, and offloading (FPSO) vessel. As ...

What's included

This report contains 5 tables, 2 images, and 8 pages

  • Document

    OPL 245 (Etan and Zabazaba)

    PDF 457.57 KB

  • Document

    OPL 245 (Etan and Zabazaba)

    XLS 233.00 KB

  • Document

    OPL 245 (Etan and Zabazaba)

    ZIP 655.69 KB

Table of contents

Tables and charts

This report includes 7 images and tables including:

Images

  • Index Map
  • OPL 245 Map

Tables

  • Key facts: Table 1
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Fiscal and regulatory: Table 1

Why buy this report?

For years the development of exploration block 245 was suspended due to an international dispute between Shell, Malabu and the Nigerian Federal government.

Now resolved, the block continues to be the subject of a corruption investigation. While it holds significant oil reserves and gas volumes, uncertainty over the timing and outcome of ongoing probes is increasing.

Our report provides an assessment of the economics of the block and will help you to:

• Understand the risk to development presented by ongoing corruption investigations
• Analyse hydrocarbon characteristics and field geology and recoverable reserves
• Identify exploration and value potential

Our report provides a comprehensive assessment of the economic and development prospects of the OPL 245 project at the southern end of the Niger Delta. It includes:

  • Estimates of recoverable reserves
  • Development assumptions and expected project costs
  • Detailed location maps

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