Asset Report
Benin Keta - Togo - Benin exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Keta - Togo - Benin (KTB) Basin is an abrupt margin basin situated in the Gulf of Guinea. It extends from Nigeria to Ghana. Compared to the world class discoveries in both adjacent basins - the Niger Delta fan and the Cote d'Ivoire Basin - the KTB has not yet delivered. In Benin, exploration has been sporadic. The country's only commercial field - Sèmè - was discovered in 1969 in shallow water, but since then less than a dozen wells have been drilled. More recent activity has been split between the shelf and deepwater. The 2013 Ogo discovery (750 mmboe) in the Nigeria section of the basin sparked new exploration interest. However, Shell drilled an ultra-deep water wildcat in 2014 but was unsuccessful. We expect future activity to continue to be focused on the deepwater, and our outlook analysis covers only offshore exploration. Full details are available to download in excel and pdf format.
Table of contents
- Key issues include:
- Wells drilled and success rates
- Volumes discovered
- Prospective resource potential
- Prospective resource costs and underlying development assumptions
- Licensing
- Fiscal terms
-
TYP and outlook economics
- Prospect economics
- Expected monetary value
- Full cycle basin economics
Tables and charts
This report includes the following images and tables:
- Commerciality index
- Exploration wells by play
- Licensed exploration acreage
- Expiry forecast of current licences
- Key licence holders
- Key well operators and success rates
- Key play characteristics
- Drilling activity by well type
- Frontier methodology parameters
- Key play data
- Cretaceous Deepwater
- Summary of discovery and development costs
- 8 more item(s)...
What's included
This report contains:
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