There has been limited exploration to date in the Namibian Southwest African Coastal basin, and only one discovery has been made in shallow waters. The geology is therefore poorly understood. However, interest in the basin has grown recently as a number of smaller independent companies and larger IOCs are excited by the potential of the deepwater. This year has seen the first deepwater drilling in the basin since the mid-1990's, however all wells so far have resulted in dry holes. Whilst...
Namibia Southwest African Coastal.zip ZIP - 2.56 MB
Oil and gas exploration is an industry in constant motion, from technological breakthroughs to shifting supply and demand. The high costs of finding and developing new oil and gas fields that can be commercially developed has created a challenging atmosphere, with explorers increasingly seeing low returns, low value and slow progress.
This Exploration Basin report provides a detailed analysis of exploration of this basin, including discovery and development costs, location maps and information about licensing and fiscal terms. You'll also find information about discovery and development costs and full-cycle returns.
Explorers and advisors can use this report to understand the history and potential value of this basin.
Wood Mackenzie has access to historic data for over 450 basins and forecasts for more than 125 basins. We provide accurate information on the cost of exploration compared to the value of discoveries so that you can develop profitable strategies.
Our in-depth analysis gives you the information you need to navigate the ever-changing challenges of oil and gas exploration so you can make critical commercial decisions.
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