Shallow offshore

OPL 2010

Shallow-offshore exploration block, operated by Matrix E&P, with 368 km² of new 3D seismic.

Licence: OPL 2010
Interest: 60%
Operator: Matrix E&P
Stage: Exploration — 3D seismic processing
Location: Eastern Niger Delta
Terrain: Shallow offshore

OPL 2010

Working interest: 60%
Operator: Matrix E&P
Work programme: Exploration — 3D seismic processing
Stage: Exploration
Location: Eastern Niger Delta · Shallow offshore

OPL 2010Shallow offshore

KeyProductionDevelopmentExplorationPositions are indicative

Overview

OPL 2010 is located in the shallow offshore eastern Niger Delta. Matrix E&P holds a 60% participating interest and operatorship following its farm-in from GPDC and subsequent receipt of the required regulatory and Ministerial approvals.

The block has an established exploration history, with five wells previously drilled. Matrix E&P has advanced the asset into a new phase of exploration through the completion of a blockwide 3D seismic acquisition programme covering approximately 368 km² in full-fold coverage.

The acquired seismic data is currently being processed and will support further subsurface evaluation, prospect maturation and future exploration and development decisions.

OPL 2010 represents a strategic exploration opportunity within Matrix E&P's portfolio and provides potential for future portfolio growth as the Company progresses its subsurface evaluation and development programme.

368 km²

3D seismic, full-fold coverage

60%

Participating interest and operatorship

Wells previously drilled on the block

Field timeline

OPL 2010, built up step by step

A shallow-offshore block in the eastern Niger Delta: earlier wells, the farm-in and approvals, then a blockwide 3D seismic survey. Scroll to turn the dial; the drawing builds with each milestone. Illustrative, not to scale.

1 / 6

Drilled

5 wells drilled1 of 6

History · Earlier wells

A block with exploration history

OPL 2010 lies in the shallow offshore eastern Niger Delta. The block has an established exploration history, with five wells previously drilled.

Milestones

History
Five wells previously drilled on the block.
Farm-in
Matrix E&P farms in from GPDC for a 60% interest and operatorship, with regulatory and Ministerial approvals.
Seismic
Blockwide 3D seismic programme completed — about 368 km² in full-fold coverage.
Now
Seismic data being processed to support prospect maturation.

Facilities and arrangements

Blockwide 3D seismic dataset, about 368 km² full-fold
Operated directly by Matrix E&P

Map of the Niger Delta offshore showing OPL 2010 on the shelf — OPL 2010 on the eastern Niger Delta shelf