Asset report

Benin Keta - Togo - Benin exploration basin

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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 activity has been sporadic. The country's only commercial field - Sèmè - was discovered in 1969 in shallow water. The recent Ogo discovery in the Nigeria section of the basin has sparked new exploration interest. However, Shell drilled an ultra-deep water wildcat in 2014 but was unsuccessful.

What's included

This report contains

  • Document

    Benin Keta - Togo -

    ZIP 2.55 MB

  • Document

    Benin Keta - Togo - Benin exploration basin

    PDF 489.06 KB

  • Document

    Benin Keta - Togo - Benin exploration basin

    ZIP 2.95 MB

Table of contents

Tables and charts

This report includes 23 images and tables including:


  • Summary and key issues: Image 1
  • Summary and key issues: Image 2
  • Exploration wells by play
  • Licensed exploration acreage
  • Expiry forecast of current licences
  • Commerciality index
  • Drilling activity by well type
  • Value creation, exploration spend and volume discovered
  • Outlook value creation, spend and YTF volume
  • Exploration and appraisal spend
  • Unit value of potential discoveries
  • Prospect breakeven price


  • Play level data
  • Assumptions
  • Price assumptions
  • Key play characteristics
  • Frontier methodology parameters
  • Cretaceous Deepwater
  • Cretaceous Deepwater
  • Typical fiscal terms
  • Full cycle economic analysis
  • Costs: Table 1
  • Cretaceous Deepwater

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