LPRA Press Release (1st June 2021)
The LPRA has released an announcement declaring their intention to enter direct negotiation on all blocks over the Harper and Liberia basins within the offshore Liberia acreage. The direct negotiation process commenced on June 1st, 2021 and will close on May 31st, 2022. Exploration companies are invited to express their interest in any of the offered blocks and applications will be considered on a first-come, first-served basis.
For further information regarding the negotiations, we encourage you to contact the LPRA at info@lpra.gov.lr or +231777110110. For information on the exclusive TGS data available across these basins for the assessment of exploration opportunities, please use the contact form to the right of this web page.
The Liberia License Opportunity
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These direct negotiations open up all 33 offshore blocks over the Harper and Liberia basins. The process is open from 1st June 2021 until 31st May 2022. The Liberia Petroleum Regulatory Authority (LPRA, the Authority) are working in close collaboration with the National Oil Company of Liberia (NOCAL) to implement the next phase of exploration offshore Liberia. This process follows a licensing round launched in 2020 and retains the attractive amendments to Liberia's Petroleum Law, following major regulatory changes in October 2019, Applications will be processed on a first come first served basis following the prescribed 5-phase process outlined on the LPRA website (www.lpra.gov.lr). You can also contact TGS for relevant material and guidance using the form on this page and download the following Investment Information Package that we have prepared:
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Thirty-three blocks are open for negotiation. The new block demarcation followed an update to the petroleum bill in 2019, with a maximum block size of 3,500 square kilometers, and alignment with the ECOWAS grid.
TGS holds a range of multi-client data across the tendered acreage to support the blocks on offer both in the Harper Basin and the Liberia Basin, view the TGS data library.
- 50,487 kilometers of 2D seismic
- 31,350 square kilometers of 3D seismic
- Gravity and magnetic data
Geological Insight
For more detailed information, click on the arrow below - explore the blocks across the margin and gain greater insight into the available data.
The geological evolution of offshore Liberia is related to the opening of the Atlantic Ocean.- Several sub-commercial discoveries have proven that the petroleum systems are working offshore Liberia.
- The Harper Basin offers significant exploration potential, being the last real frontier basin of West Africa.
See an example of typical stacked channel systems below and explore the Story Map for more insight and information.
Find out more
Please fill in the information request form on the top right-hand section of this page for any specific information you require and a representative will contact you.
