OML 58 Oilfield Overview

TotalEnergies is the operator of OML 58.

OML 58 is located in the Niger Delta Basin.

OML 58 primarily produces crude oil.

The Abo field is one of the oil fields within OML 58.

Offshore infrastructure like FPSOs is used to produce and transport oil from the OML 58.

Environmental concerns in the region include water pollution and gas flaring, among others.

Pipelines are crucial for transporting OML 58's oil to processing facilities.

TotalEnergies engages in CSR projects for community development.

TotalEnergies' operations in OML 58 contribute to the National Gas Expansion Programme in Nigeria, supporting the development of the country's domestic gas supply.

The Nigerian Upstream Regulatory Commission (NURC) is the regulatory body that oversees the operations of OML 58.

TotalEnergies' operations in OML 58 are governed by the Petroleum Industry Act (PIA), passed in 2021 to modernize the Nigerian oil and gas industry.

The PIA mandates increased transparency and local content in oil operations, affecting TotalEnergies' activities in OML 58.

OML 58 contributes to Nigeria's oil revenue primarily through the export of crude oil.

TotalEnergies' strategies to minimize the environmental impact of oil operations in OML 58, including reducing gas flaring, monitoring environmental conditions, and promoting eco-friendly technologies.

TotalEnergies' process of assessing and tracking the quality of air, water, soil, and marine life in the region surrounding OML 58 to ensure environmental protection.

TotalEnergies' Corporate Social Responsibility initiatives in the Niger Delta, including OML 58, encompassing community development and infrastructure support with a local/global focus.

Companies that share ownership and operations in OML 58. In some cases, these involve the government.

The portion of ownership in OML 58 held by a government entity, such as the Nigerian National Petroleum Corporation (NNPC).

TotalEnergies' role in OML 58, often as a joint venture operator, encompassing aspects of production, operations, and environmental responsibility.

The percentage of ownership that TotalEnergies holds in the joint venture involved in OML 58 operations.

NPDC's (Nigerian Petroleum Development Company) participation as a joint venture partner in the operations of OML 58.

The estimated amount of oil extracted daily from the OML 58 oil field.

The goals set for increasing the amount of oil extracted from the OML 58 oil field.

The company primarily responsible for managing and operating oil exploration and production activities in OML 58.

OML 58 is located in the Niger Delta Basin.

The Abo field is significant for oil production in OML 58.

Crude oil is the main product extracted from OML 58.

NPDC is the NNPC's subsidiary involved in joint ventures related to OML 58, which highlights cooperation in the oil industry.

Floating production storage and offloading (FPSO) units are used for offshore oil extraction in OML 58.

Subsea drilling units are a key technological component utilized in OML 58 to access deeper oil reservoirs.

The Abo field prominently contributes to oil production within OML 58.

Gas flaring is a significant environmental problem associated with operations in OML 58.

TotalEnergies and NPDC are among the joint venture partners involved in OML 58 operations.

The oil fields in OML 58 are often shallow-water fields, which is a relevant geographical context.

OML 58 is a significant offshore oil field contributing to Nigeria's overall oil production, impacting the country's economy.