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OML 128 (formerly OPL 217)

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Owner: Statoil

Shore Type: offshore

Block Rights: OML

OML 128, formerly OPL 217

Working Interests

*Statoil | 58.850%

Chevron | 46.150%

Oil Fields

Field Name

-

-

Updates

Signing of Unitization Agreement

1st February, 2005

hexgear

In February 2005. A unitization agreement was signed between licencee holders of OPL 216 and OPL 217, where Stat Oil is the operator with Chevron and NNPC as a partners. A unitization agreement became more feasible to limit the cost of production and maximise the amount of recoverable crude. The Agbami reservoir is straddled along OPL 216 and OPL 217

Source: http://www.famfa.com/Early_History.php

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