Fossil Energy – Liberia
Canadian-based BluEnergies reports it has entered into an industry-standard joint study and application agreement (JSAA) with the Liberian upstream subsidiary of TotalEnergies (TTE).
The West Africa Transform Margin, where the Harper Basin is located, and its conjugate South American Margin are regions where the basin floor fan play is being actively, successfully explored, developed, and produced.
The purpose of the JSAA between BLU and TTE is to further unlock the prospective potential of the Harper Basin blocks, offshore Liberia, by establishing prospects within LB-26, LB-30, and LB-31.
Provided that economically viable drillable prospects are established, BLU and TTE intend to apply for one or more production-sharing contracts covering the desirable blocks.
A budget has been jointly committed for an 18-month work programme involving state-of-the-art seismic reprocessing to enable more accurate reservoir imaging, as well as the acquisition of seabed data.
This will allow the prospectivity to be fully evaluated and the hydrocarbon potential to be de-risked.
