Project Profile
Value: Undisclosed
Location: Southern Douala/Rio Muni Basin, adjacent to northern maritime border of the Rio Muni province, Equatorial Guinea
Water Depths: 400m to 2,000m
Reserves: unknown
Start-up Year: -
The Ntem concession area is a deepwater block situated in the southern Douala/Rio Muni Basin and lies adjacent to the northern maritime border of the Rio Muni province of Equatorial Guinea. Water depths range from 400m to 2,000m across the block. During the first term of the concession over 2,100km of 2D and 1,500km2 of 3D seismic data were acquired, along with the purchase of additional seismic and gravity data.
Sterling Energy issued a notice of surrender in relation to the Ntem Concession. The notice is effective by the end of December 2016. (August, 2016)
Operator:
Sterling Cameroon (subsidiary of Sterling Energy): Operator with 100% interest, (relinquished the concession in August, 2016)
Contractor:
Diamond Offshore: Drilling contractor using Ocean Confidence drillship