Asset report

Nigeria Keta - Togo - Benin exploration basin

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Report summary

Compared to the multiple giant discoveries of adjacent basins - such as those in the Niger Delta fan and the Cote d'Ivoire Basin in Ghana - the Keta-Togo-Benin Basin has so far yielded only three relatively small discoveries. Exploration activity has been sporadic, with only a handful of wells drilled offshore in 1970 and onshore in the 1990s. Recent exploration has focused offshore, in both the deepwater and on the shelf. The recent Ogo discovery in the Nigerian section of the basin has sparked new exploration interest, although we do not expect high levels of activity in Nigeria.

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    Nigeria Keta - Togo - Benin exploration basin

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    Nigeria Keta - Togo - Benin exploration basin

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Table of contents

Tables and charts

This report includes 26 images and tables including:


  • Value creation versus investment (TYP period)
  • Value creation versus investment (outlook period)
  • Commerciality index
  • Exploration history map
  • Exploration wells by play
  • Licensed exploration acreage
  • Expiry forecast of current licences
  • Exploration and appraisal spend
  • Drilling activity by well type
  • Discoveries and success rates
  • Cretaceous Offshore
  • TYP value creation, spend and volume discovered
  • Outlook value creation, spend and YTF volume
  • Unit value of potential discoveries
  • Prospect breakeven prices


  • Play level data
  • Assumptions
  • Key facts: Table 3
  • Key play characteristics
  • Summary of discovery and development costs
  • Top discoveries (TYP period)
  • Reserves and resources: Table 2
  • Cretaceous Offshore
  • Typical fiscal terms
  • Full cycle economic analysis
  • Cretaceous Offshore

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