Asset report

Barbados Barbados exploration basin

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Report summary

Key legislation was enacted in 2007 and 2008, paving the way for exploration offshore Barbados. The outcome of the first offshore licence round in 2008 was disappointing, with just one international company, BHP, awarded acreage. Three play systems are thought to exist in the basin. Our analysis focuses on one of these - the Tertiary sands in the Barbados Trough area.

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    Barbados Barbados exploration basin

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  • Document

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Table of contents

Tables and charts

This report includes 20 images and tables including:


  • Exploration map
  • Licensed exploration acreage
  • Expiry forecast of current licences
  • Barbados commerciality index
  • Unit value of potential discoveries
  • Economic analysis: Image 2


  • Key play characteristics
  • Assumptions
  • Price assumptions
  • Summary and key issues: Table 1
  • Key play characteristics
  • Summary of discovery and development costs under the High price assumption
  • Key licence holders
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Yet-to-find costs and underlying development assumptions
  • Typical fiscal terms
  • Reserves and resources: Table 3
  • Economic analysis: Table 1
  • Economic analysis: Table 2

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