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Liberia Basin Status

The Liberia Basin consists of thirty concessionary blocks. 17 of these blocks are from the continental shelf to water depths of between 2500 to 4000 meters. 13 of the blocs are considered “ultra deep” with water depths of as much as 4500 meters.

Click on each block of the map for more information

Open Block

Leased Block

 

  • Contractor Percentage : European Hydrocarbons Limited
  • Contract Date : January 23,2008
  • Total Surface Area : 3621.29sq.km
  • Relinquished Area : 905.5sq.km
  • Retained Area : 1810.29sq.km
  • Location : Off the coast of Sinoe
  • Exploration Period And Work Commitment :
    • 1st Phase :
      • 4 Years($8.4M as per PSC)
      • 3D Seismic of 1500 sq.km
      • One well
    • 2nd Phase :
      • 2 Years($10M as per PSC)
      • One well
    • 3rd Phase :
      • 2 Years($10M as per PSC)
      • One well
  • Progress Report As Per Commitment : Competed 3D seismic Survey 1500sq.km
  • Duration of the agreement : The duration of an exclusive exploitation authorization is 25years.

  • Contractor Percentage : European Hydrocarbons Limited
  • Contract Date : June 23,2008
  • Total Surface Area : 3514.43sqkm
  • Relinquished Area : 877.9sqkm
  • Retained Area : 2636.53sqkm
  • Well Drilled :
    • Apalis-1
    • Narina-1
    • Bee-Eater1
  • Location : Off the coast of Rivercess/ Sinoe
  • Exploration Period And Work Commitment :
    • 1st Phase :
      • 4 Years($8M as per PSC)
      • 3D Seismic Of 1,500 Sq.km
      • One well
    • 2nd Phase :
      • 2 Years($10M as per PSC)
      • One well
    • 3rd Phase :
      • 2 Years($10M as per PSC)
      • One well
  • Progress Report As Per Commitment : Competed 3D seismic Survey 1500sq.km
  • Duration of the agreement : The duration of an exclusive exploitation authorization is 25years.

SM

  • Contractor Percentage :
    • Chevron-45%
    • Orento-30%
    • ENI-25%
  • Contract Date : 22-May-2007
  • Total Surface Area : 3183.5 sq.km
  • Relinquished Area : 795.88 sq.km
  • Retained Area : 1571.81sq.km
  • Well Drilled : Nighthawk-1
  • Location : Off the coast of Grand Bassa
  • Exploration Period And Work Commitment :
    • 1st Phase :
      • 5 Years($8M as per PSC)
      • 3D Seismic Of 1500sqkm
      • One Well
    • 2nd Phase :
      • 2 Years($10M as per PSC)
      • One Well
    • 3rd Phase :
      • 2 Years($10M as per PSC)
      • One Well
  • Progress Report As Per Commitment : 3D seismic survey of 1500 sq.km. Drilled one well.
  • Duration of the agreement : The duration of an exclusive exploitation authorization is 25years.

SM

  • Contractor Percentage :
    • Chevron-45%
    • Oranto-30%
    • ENI-25%
  • Contract Date : 22-May-2007
  • Total Surface Area : 3295.119sq.km
  • Well Drilled : Carmine Deep-1
  • Location : Off the coast of Grand Bassa
  • Exploration Period And Work Commitment :
    • 1st Phase :
      • 5 Years($ 8M as per PSC)
      • 3D Seismic Of 1500sqkm
      • One Well
    • 2nd Phase :
      • 2 Years($ 10M as per PSC)
      • One Well
    • 3rd Phase :
      • 2 Years($ 10M as per PSC)
      • One Well
  • Progress Report As Per Commitment : 3D seismic survey of 1500 sq.km. Drilled one well.
  • Duration of the agreement : The duration of an exclusive exploitation authorization is 25years.

SM

  • Contractor Percentage :
    • Exxon Mobil - 80%
    • COPL - 20%
  • Contract Date : March 8, 2013
  • Total Surface Area : 2540sq.km
  • Location : Off the coast of Margibi & Grand Bassa
  • Exploration Period And Work Commitment :
    • 1st Phase :
      • 5 Years ($5M as per PSC)
      • 3D seismic survey of 1500sq.km
    • 2nd Phase :
      • 5 Years($10M as per PSC)
      • One well
    • 3rd Phase :
      • 2 Years($10M as per PSC)
      • One well
  • Progress Report As Per Commitment : The operator (APCL) has conducted geological and geophysical data acquisitions including 3D seismic to help better define the prospectively of the block.
  • Duration of the agreement : The duration of an exclusive exploitation authorization is 25years.

SM

  • Contractor Percentage :
    • Chevron-45%
    • Orento-30%
    • ENI-25%
  • Contract Date : July 29,2009
  • Total Surface Area : 3121sq.km
  • Location : Off the coast of Margibi & Montserrado
  • Exploration Period And Work Commitment :
    • 1st Phase :
      • 4 Years($10M as per PSC)
      • 3D Seismic Of 1,600sqkm
      • 2D Seismic Of 300km
    • 2nd Phase :
      • 3 Years($12M as per PSC)
      • One Well
    • 3rd Phase :
      • 2 Years($15M as per PSC)
      • 800sqkm Of 3D
      • One Well
  • Progress Report As Per Commitment : Completed 3D seismic survey of 1500 sq.km
  • Duration of the agreement : The duration of an exclusive exploitation authorization is 25years.
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