Project Profile
Location: 90 km offshore, south of Port Harcourt, Nigeria
Production: 35,000 bbl/d
Area: 1,570 km2
Water Depth: 50 m and 210 m
Start-up Year: March 2005
OML126 is a contiguous block located 90 km offshore, south of Port Harcourt, in water depths ranging between 50 m and 210 m. Addax Petroleum has 100% interest in the license. Production from OML126 commenced in March 2005 and averaged 35,000 bbl/d in 2011. The license covers a combined area of approximately 1,570 km2, 90 km offshore south of Port Harcourt. The southern half of OML126 has been completely surveyed by 3D seismic and contains two producing oil fields (Okwori and Nda), four undeveloped oil discoveries and three identified exploration prospects
Operators:
Addax Petroleum: Operator with 100% interest