The Harper Basin License Round is now underway!

The Liberia Petroleum Regulatory Authority has announced the launch of its next offshore licensing round, which will be commencing on the 10th April 2020. 

Or visit the pages of the LPRA and NOCAL for other information regarding Liberia's Oil and Gas industry:

Facilitating The First Commercial Oil Discovery

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TGS have acquired an extensive volume of seismic data offshore Liberia since 2001 and now hold a range of 3D and 2D coverage in both the Liberian and Harper basins.

To get further information, news and press releases, please click here.

Liberia Petroleum Regulatory Authority (LPRA) website

The Liberia License Round, 2020 will be conducted through three main stages: Pre-qualification, Bid Submission, and Bid Evaluation/Award. Beginning April 10, 2020 to October 31, 2020, companies interested in participating in the license round are required to complete and transmit a letter of expression of interest, fill out the pre-qualification form, and ultimate beneficial ownership form as indicated in Annex 6 of the Tender Protocol for pre-qualification.

<a href="https://map.tgs.com/myTGSMap/Data-Library#5.161027,-9.992280,8z" rel="noopener noreferrer" target="_blank">Discover TGS data library</a>

The Liberian License Round is now underway

News Flash! - Click here for more

Interested Applicants can use these links to download the <a href="https://tgs.maps.arcgis.com/sharing/rest/content/items/3411168c407f48d5989a1a4ff904cf21/data" rel="noopener noreferrer" target="_blank">Tender Protocol</a>, <a href="https://tgs.maps.arcgis.com/sharing/rest/content/items/7ae99119d8a44c389f1dbdbe0e4884f2/data" rel="noopener noreferrer" target="_blank">Model PSC</a> (updated as of 29th April) and <a href="https://tgs.maps.arcgis.com/sharing/rest/content/items/5eb390c29c5c41efa97bd8cad75fca8b/data" rel="noopener noreferrer" target="_blank">Pre-Qualification form</a>.

Nine blocks will be on offer in the Harper Basin, one of the last unexplored and undrilled regions offshore West Africa: 

Find out more:&nbsp;<a href="https://info.tgs.com/liberia-license-round-2020" rel="noopener noreferrer" target="_blank">visit the dedicated license round website</a> to view and download more information regarding:

<li>Petroleum Law details<li>Acreage Specifics: Co-ordinates, data availability, Block shapefiles</li><li>Seismic Specifics: Seismic examples, shapefiles, or to arrange data viewings</li></li>

The round is being launched in parallel with an 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.

With the Harper Basin being the last real frontier basin of West Africa, the source rock maturation and migration understanding still needs to be explored.

The new block demarcation is following the petroleum bill update in 2019, with a maximum block size of 3,500 square kilometers, and aligning with the longitude and latitude grid.

Typical play types present in the Harper Basin:

The geological evolution of offshore Liberia is related to the opening of the Atlantic Ocean. The Harper Basin has a geological history and petroleum system analogous to surrounding geological basins associated with the recent discoveries in Ghana, Cote d’Ivoire and the conjugate Guyana.

Several regional channel and fan complexes can be mapped in the Upper Cretaceous and across the shelf, slope and into the deep basin.

Launch the Liberia 2020 License Round Webapp here

Liberia 2020 License Round Webapp

All Harper Basin License Round roadshow events will be undertaken online while Covid-19 restrictions are in place around the world. Physical events will commence as soon as it is practicable to do so.

Find out all the latest news and activities from NOCAL, the National Oil Company of Liberia.

National Oil Company of Liberia (NOCAL)

Play Type:<h3>Tilted Fault Blocks and Synrift growth</h3>

<a href="https://www.corelab.com/irs/studies/liberia" rel="noopener noreferrer" target="_blank">Discover the Corelab Well Project</a>

Click on the blocks, or other items on the maps in subsequent pages to understand more about the acreage on offer. Scroll through the items on the attribute pop-up box to understand multiple items:

Scroll through this section to examine the play elements present on just one seismic cross section in the Harper Basin, taken from a composite line from the TGS Sunfish 3D.

Various play types have been identified on 3D seismic for&nbsp;the slope environment and extending into the deepwater (below).

Play Types: Slope fan and channels systems

Liberia Sunfish 3D

TGS Liberia 2D

TGS Liberia Ultra Deep 2D

Liberia Open Acreage

Liberia 2020 License Round

Corelab have created an integrated project database and report, which&nbsp;are&nbsp;based on&nbsp;logs and cores of 17 offshore exploration wells, and evaluate&nbsp;the reservoir and source rock facies of the Liberia Basin.

Liberia Well Availability

<a href="https://arcg.is/1rj5Lv" rel="noopener noreferrer" target="_blank">Discover the Liberia License Round web GIS</a>

Visit the <a href="https://arcg.is/1y8TGL" rel="noopener noreferrer" target="_blank">Interactive web GIS</a>, where you can explore the round with your own geographical datasets:

<li>5,961km of 2D seismic, gravity and magnetic data<li>6,167 sqkm of 3D seismic, gravity and magnetic data</li></li>

<li>With the COVID-19 pandemic restricting travel globally, are you still going to host the Bid Round? Yes, we are maintaining the timeline we announced in January this year, though the launch events and London and Houston roadshows are being moved to virtual online only events.<li>Will there be blocks available in the Liberia Basin? The bid round is specifically for the Harper Basin, however there is a provision in the Law to allow direct negotiation for blocks in the Liberian Basin.</li></li>

The Harper Basin offers significant exploration potential in one of the few remaining unexplored deepwater basins in West Africa. Several sub-commercial discoveries have proven that the petroleum systems are working offshore Liberia, but recent discoveries offshore Cote d’Ivoire prove source maturity and the viability of the reservoir quality and charge potential of commercial size. The Albian reservoir offshore Cote d’Ivoire, for example, is producing and considered a good analogue for the maturation story and identified traps in the Harper Basin.