Insight
Sub-Saharan Africa upstream month in brief: 4 November 2016
Report summary
ExxonMobil announces giant deepwater find in Nigeria. Owowo-3 encountered 140 metres of oil-bearing sandstone reservoir. The operator has estimated recoverable reserves at 500 million – 1 billion barrels. The field straddles OML 139 and OPL 223 (which have aligned partner interests and PSC terms), and an initial development could involve a subsea tie-back to nearby Usan on OML 138, which ExxonMobil also operates.
Table of contents
- Lead Story
- Corporate
- Fiscal
- Political
- Production
- Development
- Exploration
Tables and charts
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- Sub-Saharan Africa upstream month in brief: 4 November 2016: Image 1
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