OPL 289 Project Details
Block Location: Offshore western Niger Delta, 33 miles from shore (shallow water, 80-160 meters) Block Size: 385.4 sq km
License: OPL 289 (Production Sharing Contract) awarded by Nigerian government
Current Status:
• Geological and Geophysical (G&G) studies indicate a proven hydrocarbon system exists.
• Project data hosted on a workstation in Lagos, Nigeria (available for viewing on request).
Reserves:
• Proven (1P):
o Oil: recoverable reserves range from 46 million barrels (MMBO) to 141 MMBO
o Gas: 1.6 trillion cubic feet (TCF)