Project Profile
Value: Undisclosed
Location: Northwest of the Niger River Delta basin
Area: 1,030 sq metres
Water Depth: 1000 and 2000 metres
Statoil have a 45% interest in block OPL315. The licence is committed to carry out a work programme by February 2011 consisting of one well and a seismic survey.
The OPL 315 block, with an area of 1,030 squared metres, is situated in the northwest of the Niger River Delta basin, in waters between 1000 and 2000 metres deep. It is geographically close to the city of Lagos, in a geological environment similar to the one of the giant oil-bearing fields of Bonga and Erha, as well as the Abo field, which is already in production. In the auction, known as the Nigeria 2005 Bid Round, there were about 65 blocks on offer in several of the sedimentary basins of the country.
Petrobras relinquished the oil blocks OPL 315 in the Niger Delta, after unsuccessful oil find. (March, 2013)
Operators:
Petrobras: Operator with 45% interest (relinquished in 2013)
Statoil: 45% interest
Dangote: 6% interest
Nigerian Ask Petroleum System: 4% interest