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Assets

Working Interest: NPDC (55%), FHN (45%)
Acreage Size: c.480 km2
Sector, Basin: Onshore, Niger Delta
Oil & Gas Discoveries: Five
Crude Type: Forcados Blend
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OML 26

OML 26 is located in the western Niger Delta, about 60km to the east of Warri and covers an area of 480 square kilometres. OML 26 is entirely covered by 3D seismic data. Its producing fields are Ogini, Isoko, and Ozoro. Ovo and Aboh fields are in advanced stages of planning, to be developed as integrated oil and gas fields.

The production processing facilities in OML 26 are located at the Ogini field. They consist of a 30,000 bbls/d flow station, gas compressors, associated flowlines, pipelines, and export pumps. At Ogini flow station, two-phase separation is carried out with liquids exported to Forcados Terminal via the Ughelli Production Station (UPS) and Trans-Forcados Pipeline. Dehydration and water disposal are carried out outside the license (at Forcados Terminal). However, the Ogini facilities are being upgraded to handle in-field water processing and disposal.

FHN’s 45% interest in OML 26 asset was previously held by Shell (30%), Total (10%) and ENI (5%). While NPDC with 55% interest in the JV remains the license operator. In June 2016, a joint Asset Management Team (AMT) was formed to operate the asset on behalf of the Joint Venture. NPDC and FHN second staff into the AMT, with FHN as the AMT lead.