Asset Report

Undeveloped Marginal Fields

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14 March 2018

Undeveloped Marginal Fields

Report summary

In 1996, a government decree provided for the voluntary and compulsory divestment of marginal fields by the major IOC/NNPC joint ventures. In 2001, the government launched a marginal fields programme and invited bids from indigenous companies for 24 out of 113 identified fields. The fields were finally awarded in 2004, as the new operators signed farm-out agreements (FOA) with NNPC and the IOC partners who remained as licence holders. Since 2004, less than half of the 24 marginal fields ...

Table of contents

Tables and charts

This report includes 9 images and tables including:

  • Key facts: Table 1
  • Marginal fields awarded in 2004
  • Participation: Table 1
  • Exploration: Table 1
  • Reserves and resources: Table 1
  • Fiscal and regulatory: Table 1
  • Reserves and resources: Table 2
  • Fiscal and regulatory: Table 2
  • Fiscal and regulatory: Table 3

What's included

This report contains:

  • Document

    Undeveloped Marginal Fields

    PDF 4.53 MB

  • Document

    Undeveloped Marginal Fields

    XLS 376.00 KB

  • Document

    Undeveloped Marginal Fields

    ZIP 4.79 MB

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