The Niger Delta is a prolific passive margin basin located in the Gulf of Guinea. All of Equatorial Guinea's acreage in the basin has good 2D seismic coverage, and the northern portion of the basin has 3D seismic data. There are two plays, a Tertiary shelf play and a Tertiary deepwater play. New volumes discovered since 2007 total 0.6 bnboe, the majority being deepwater gas discoveries on Block R. The dry gas and benign sea conditions favour a floating LNG (FLNG) development solution, and first gas production is anticipated in 2020. However, to make an FLNG development feasible, the Block R partners will need to negotiate higher prices. Remaining oil and gas potential exists in both plays. Full cycle value creation from exploration depends upon prospect size, location, and realised prices. Full details are available to download in excel and pdf format.