PPLs 2000 & 2001
PPLs 2000 & 2001 map

PPL 2000

PPL 2001

PPLs 2000 & 2001

PPLs 2000 & 2001

Awarded

2024

Location

Offshore Nigeria

Water depth

1200-2000m

Project Phase

Exploration

  • The two deepwater exploration blocks were bid on and won in the 2024 Nigeria Licensing Round
  • The blocks’ acreage spans a total area of about 1960 sq km
  • There is good 3D seismic coverage, which opens a path to accelerated exploration and appraisal
  • The asset partners have committed to a work program to discover and appraise the identified prospects in the first 5 years of the PPLs
  • The resource is estimated at 500-1000 MMboe of potentially recoverable hydrocarbon