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OML 83

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Owner: Chevron

Shore Type: offshore

Block Rights: OML

OML 83

Working Interests

Nigerian National Petroleum Corporation (NNPC) | 60.000%

*Chevron | 40.000%

Oil Fields

Field Name

-

-

Updates

Chevron To Sell Its Stakes In OMLs 83 and 85

29th August, 2013

hexgear

Chevron is putting its interest in Oil Mining Leases (OMLs) 83 and 85 up for sale. Both blocks, which are expected to be sold in one lot are situated in shallow water offshore Nigeria in Bayelsa State in the Niger Delta, have reserves of 250MMBbls of oil and 500 Bcf of gas.
Chevron acquired OML 83 with its Anyala field and the much larger OML 85 with its Madu field after its acquisition of Texaco. The company holds a 40 per cent interest in each of the two blocks under a joint venture with the Nigerian National Petroleum Corporation (NNPC).

Source: http://www.nigeriaoilandgasintelligence.com/chevro...

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