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.