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Asset Report

Mozambique Rovuma exploration basin

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31 August 2021

Mozambique Rovuma exploration basin

Report summary

A major deepwater gas play was discovered by Anadarko (now Occidental) and Eni, after multiple giant gas discoveries between 2010 and 2014. Over 100 tcf of gas has been discovered in the Early Tertiary deepwater, and we expect a further 11 tcf will be added by exploration out to 2040. However an exciting emerging deepwater oil play will be the focus in the short term. Drilling in the Cretaceous Oil play will begin in 2021, delayed from 2020 as a result of the global pandemic.

Table of contents

Tables and charts

This report includes 24 images and tables including:

  • Exploration history map
  • Drilling activity by well type
  • Discoveries and success rates
  • Top 10 discoveries
  • Current acreage holders
  • Unit value of potential discoveries
  • Breakeven price of exploration
  • Early Tertiary Deepwater
  • Unit value of Potential Discoveries
  • Breakeven price of exploration
  • Cretaceous Oil
  • Full-cycle economic analysis
  • Typical fiscal terms
  • Early Tertiary Deepwater
  • Cretaceous Oil
  • Exploration history map
  • Key play characteristics
  • Creaming curve
  • Prospective resource summary
  • Frontier Methodology Cretaceous Oil play
  • Prospective resource summary
  • Early Tertiary Deepwater
  • Cretaceous Oil
  • Summary of discovery and development costs

What's included

This report contains:

  • Document

    Mozambique Rovuma exploration basin

    PDF 2.34 MB

  • Document

    Mozambique Rovuma exploration basin

    ZIP 4.96 MB