We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Nigeria’s 2020 Marginal Field Bid Round

A Multi-Client Study

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Nigeria’s government, through the Department of Petroleum Resources (DPR), recently launched its first marginal fields licensing round since 2003. Over 50 marginal fields, spread across onshore, swamp and shallow-water, are expected in the 2020 bid round.

Our new multi-client study provides operators, investors and industry stakeholders with an independent and comprehensive analysis of the relative commercial attractiveness of the fields.

Key insights and analysis included in the study:

  • Breakeven costs and valuation metrics
  • Field maps and existing infrastructure
  • Capital investment requirements and operating costs
  • Forecast production profiles
  • Development scenarios and sensitivity analyses
  • Comments and views from potential investors and industry stakeholders

Also included are the 11 marginal fields revoked by DPR that are not part of the 2020 bid round.

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Find out more about the study and how Wood Mackenzie can support your business in the licensing round. 

For details on how your data is used and stored, see our Privacy Notice.

Dr. Simon Anderson, Director, Sub-Saharan Africa