For all enquiries, please contact: +234 1 277 0560

Otakikpo Marginal Field

Reserve Estimates resources estimated at 56.6mmbbls
0

OPL 310

Ogo field gross recoverable resources identified as 774 mmboe (P50)
0

Our Assets Summary

LEKOIL is an Africa-focused oil exploration and production company with interests currently in Nigeria and offshore Namibia.

Producing asset
Otakikpo marginal field (LEKOIL: 40% interest)

Otakikpo lies in a coastal swamp location in OML 11, adjacent to the shoreline in the south-eastern part of the Niger Delta.

The field will be developed in two phases. In the first phase, which saw commercial production begin in February 2017, the target is for production of approximately 10,000 bopd via an Early Production Facility and export via shuttle tanker. The second phase will see a new Central Processing Facility and seven new wells to bring production up to some 20,000 bopd.

find out more

Appraisal asset
Ogo discovery and OPL 310 (LEKOIL: 40% interest)

OPL 310 is located in the Dahomey Basin on the West African Transform Margin. The block extends from the shallow water continental shelf close by the City of Lagos, into deeper water. The main prospects are in water depths ranging from 100 to 800 metres and are within close proximity to the West Africa Gas Pipeline.

The Ogo-1 well and the Ogo-1 ST well were successfully drilled in 2013 and resulted in a significant oil discovery. From well data, the partners estimated P50 gross recoverable resources to be 774 mmboe across the Ogo prospect four-way dip-closed and syn-rift structure.

find out more

Exploration asset – known basins
OPL 325 (LEKOIL: 62% interest)

The OPL 325 licence area, located in the offshore Dahomey Basin within the wrench zone that straddles the western Niger Delta, is located 50km to the south of OPL 310. Preliminary review of the prospects, based on an independent study commissioned by LEKOIL, suggests oil in place volumes of up to 5.7 billion barrels with an estimated 2 billion barrels recoverable based on analogues.

find out more

Exploration asset – frontier basins
Namibia, Blocks 2514A&B (LEKOIL: 77.5% interest, Operator)

LEKOIL’s two blocks are in the Luderitz Basin offshore Namibia with a combined acreage of some 10,000 Km2.

find out more

LEKGAS

LEKGAS is a wholly-owned subsidiary of LEKOIL. LEKGAS is the gas midstream vehicle of LEKOIL, building strategic, commercial and technical partnerships with world-class companies to unlock gas and gas-to-power opportunities mostly in Nigeria which is LEKOIL’s primary country of operations.

find out more