Asset Report
PML 15 (Okwok)
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Report summary
The shallow water Okwok oil field lies in the southeastern Niger Delta, adjacent to the maritime border with Cameroon. The field was excised from ExxonMobil's OML 67. In 2006, Oriental Energy, an indigenous company, was granted acreage including Okwok as a marginal field award. Addax, and latterly Afren, was designated the technical operator. The original development plans for Okwok involved a wellhead platform and a Mobile Offshore Production Unit (MOPU) tied-back to the Floating ...
Table of contents
- Summary
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Key Issues
- Awarding of Okwok
- Addax participation
- Afren participation
- Petroleum Industry Act
- Overriding royalty interest
- Capital costs
- Operating costs
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index MapOkwok MapCapital Costs Pre-2016 to 2024 (US$ million)
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Operating Costs 2025 to 2034 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesHydrocarbon and Reservior Characteristics
- 6 more item(s)...
What's included
This report contains:
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