Oil mining lease (OML) 30, Nigeria’s second largest onshore Oil & Gas asset, located in the Niger Delta, about 35km East of Warri is a strategic onshore asset.
OML 30 covers 1,095sqkm, comprising 11 fields, 9 flow stations, the Ughelli tank farm (UPS), the Trans Forcados Pipeline (TFP), and with reserves estimated at about 1 billion barrels of oil, OML30 is said to be a critical source of gas for the power sector, oil revenues for the Federal Government, Delta State, 110 Host Communities andl other asset owners around the region.
Salvic and Heritage…
Most exploration and production companies tend to rely heavily on oil field service companies, will the emergence of operatorship as a service erode the value chain traditional Oil Field Service Companies cherish? Or is this a passing phase?
To read more please follow the link:. OML 30, Salvic’s Heritage by Olufola Wusu
Olufola Wusu is a Commercial/Oil and Gas and I.P. Lawyer with Megathos Law Practice based in Lagos.
Olufola Wusu Esq. © 2018
Olufola Wusu is noted for his “dynamic practice” and “commercial acumen”. He is praised for his “first-rate skills” in assisting clients
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