African Petroleum updates offshore Sierra Leone prospects

Offshore staff

LONDON – African Petroleum has updated the reserves prospects for its offshore Sierra Leone holdings.

ERC Equipoise Ltd. prepared the update covering prospective oil resources in license blocks SA-03 and SL-4A-10. The results bring the combined net unrisked prospective oil to 1,345 MMbbl and the net risked prospective resources to 223 MMbbl.

African Petroleum has said only Sierra Leone license SL-03 is covered by a fully processed 3D seismic dataset. Further 3D seismic was acquired over license SL-4A-10 in 2014 and processing is scheduled for completion in 2Q 2015. Consequently only the potential in license SL-03 has been matured to prospect level apart from the Albian four-way closure “Regel” that extends from SL-03 into SL-4A-10.

Additional leads have been identified in SL-4A-10 based on fasttrack seismic volume, and these will be matured once the final data is available.


African Petroleum Sierra Leone

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...