Latest: Blocks Now Available via Direct Negotiation


UPDATE: 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. For more information see our dedicated web page: 

LIBERIA DIRECT NEGOTIATIONS INFORMATION PAGE

 

Liberia Video Link GIF 2Liberia Live Event Register _2The Harper Basin License Round History

The Liberia Petroleum Regulatory Authority originally announced the launch of its next offshore licensing round in April 2020. The round was launched in parallel with attractive amendments to Liberia's Petroleum Law, following major regulatory changes in October 2019, and the extension of the exploration period, in order to attract international investors. In addition, Liberia subsequently announced changes to the bidding criteria to further enhance the attractiveness of the licence round terms. Liberia Video Link GIF 2

 

Companies interested in participating in the license round were required to complete and transmit a letter of expression of interest, fill out the pre-qualification form and an ultimate beneficial ownership form as indicated in Annex 6 of the Tender Protocol for pre-qualification. See the link below to 'Get the Full Story' and download the Tender Protocol, Model PSC and Pre-qualification Form. You can also request relevant material and more via the form on the right-hand side.

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Nine blocks were offered in the Harper Basin, one of the last unexplored and undrilled regions offshore West Africa: LB-25, LB-26, LB-27, LB-28, LB-29, LB-30, LB-31, LB-32, LB-33. 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.

  • 5,961 kilometers of 2D seismic, gravity and magnetic data
  • 6,167 square kilometers of 3D seismic, gravity and magnetic data
Liberia 2020 License Round Blocks Wells with legend larger copy

 

Geological Insight

For more detailed information, click on the arrow below - explore the blocks on offer and gain greater insight into the available data.

  • Landing Page _Buttons_-1The geological evolution of offshore Liberia is related to the opening of the Atlantic Ocean.
  • The Harper Basin offers significant exploration potential, being the last real frontier basin of West Africa.
  • Several sub-commercial discoveries have proven that the petroleum systems are working offshore Liberia.
  • The Harper Basin has a petroleum system analogous to surrounding basins associated with the recent discoveries in Ghana, Cote d’Ivoire and also the conjugate Guyana.

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See an example of typical stacked channel systems below and explore the Story Map for more insight and information.

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Additonal 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.