BluEnergies and TotalEnergies Join Forces for Deepwater Exploration Offshore Liberia
BluEnergies has entered into a major agreement with TotalEnergies to jointly investigate the deepwater fan play in the Harper Basin offshore Liberia, marking a significant development for the West Africa Transform Margin. The partnership should lead to the award of a reconnaissance license over three prospective deepwater blocks, with TGS reprocessing three-dimensional seismic data over the area.
Under the agreement, the two companies will perform studies to identify prospects across contiguous offshore blocks LB-26, LB-30 and LB-31 that could be economically viable to drill. They plan to apply for one or more production sharing contracts over the blocks. The companies have jointly drawn up a budget for a work program over the next 18 months involving reprocessing existing seismic to sharpen reservoir imaging, and acquiring sea bottom data, to evaluate and de-risk prospects.
TGS is reprocessing 6,167 square kilometers of 3D data over much of the blocks, which it originally acquired in 2013. BluEnergies had used the existing dataset to delineate seven large-scale discrete Cretaceous-aged basin floor fans. The new offshore sea bottom campaign will involve multi-beam/backscatter data acquisition, a heat flow survey, and further data studies and interpretation.
In support of BluEnergies’ agreement with TotalEnergies, the two companies’ Liberian subsidiaries have entered a new reconnaissance license with the Liberia Petroleum Regulatory Authority, LPRA-003, covering all three blocks and their combined areal extent of 8,924 square kilometers. This is valid through June 30, 2027. BluEnergies has a 35 percent participating interest and TotalEnergies has 65 percent participating interest.
Source: offshore-mag.com
