Asset report

OPL 322 (Bobo)

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

OPL 322 is located in the far western deepwater region of the Niger Delta Basin. The block contains the Bobo field, which at 2,479 metres is the second deepest-water discovery in Nigeria. Shell discovered Bobo in 2005, but given its size and remoteness there are no near-term plans to develop it. The block will expire in 2017. The integrity of the hydrocarbon trap and seal is a major risk in this region. Bobo has reserves of around 250 mmboe, and at this water depth is non-commercial. We believe that a minimum of 500 million barrels of oil would be needed for a commercial development. Although the block is under-explored, its frontier location and the inability of the NNPC and Dajo Oil to fund their share of costs means that further drilling is unlikely before licence expiry in 2017.

What's included

This report contains

  • Document

    OPL 322 (Bobo)

    PDF 3.73 MB

  • Document

    OPL 322 (Bobo)

    XLS 230.50 KB

  • Document

    OPL 322 (Bobo)

    ZIP 3.91 MB

Table of contents

Tables and charts

This report includes 7 images and tables including:

Images

  • Index Map
  • OPL 322 (Bobo) Map

Tables

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

You may be interested in

    
            
            
            
            
            
            
            
    

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898