Project Profile
Value: Undisclosed
Location: Gabon Coastal basin, 87 miles offshore Gabon, Gabon
Reserves: Unknown
Area: 670,000 gross acres
Depth: 7,500-9,900 ft of water
Start-up Year: -
The government of Gabon has signed exploration and production contract for offshore block with Noble Energy Inc. and Woodside Petroleum Ltd. The deals, which follow Gabon’s licensing round in October 2013, include a production-sharing contract between Noble and Woodside covering deepwater Block F15 in the Gabon Coastal basin. Noble will operate the license with 60% interest and Woodside will hold the remaining 40%. The PSC includes a 4-year seismic commitment and a future option for exploration drilling. Block F15 lies 87 miles offshore Gabon and covers more than 670,000 gross acres in 7,500-9,900 ft of water.
Operators:
Noble Energy Inc.: Operator with 60% interest
Woodside Petroleum Ltd.: 40% interest
Contractors: