Project Profile
Value: Undisclosed
Location: 75 and 110 miles (120 and 180 kilometres) southwest of the capital of Freetown, offshore Sierra Leone
Reserves: Unknown
Area: 2,100 square miles (5,500 square kilometres)
Water Depth: 4,900 to 9,800 feet (1,500 to 3,000 metres)
Start-up Year: -
The SL-08A and SL-08B blocks have been combined into one concession and are located between 75 and 110 miles (120 and 180 kilometres) southwest of the capital of Freetown, offshore Sierra Leone and cover a combined area of about 2,100 square miles (5,500 square kilometres). The new blocks have average water depths ranging approximately 4,900 to 9,800 feet (1,500 to 3,000 metres). Chevron Corporation has been awarded participation in the two deepwater blocks. Under the award, Chevron (SL) Ltd. will be operator with a 55 percent interest, along with Noble Energy, Inc. (30 percent) and Odye (SL) Ltd. (15 percent). This is before a Sierra Leone National Oil Company optional back-in of 15 percent at final investment decision.
Operators:
Chevron (SL) Ltd.: Operator with 55% interest
Noble Energy, Inc.: 30% interest
Odye (SL) Ltd.: 15% interest