EXPLORATION SORGE BY NEWCOMERS IN WEST AFRICA

摘要

IN THE 80 years since first significant exploration began in West Africa's onshore areas, the margin has emerged as a significant hydrocarbon-producing region. While Nigeria and lesser extent Congo (Brazzaville), Gabon and Equatorial Guinea continue to dominate West African oil production, flurry of newcomers (led by Ghana and Senegal) are emerging in terms of exploration potential along the West African Atlantic Margin. The US Geological Survey (USGS) estimated technically recoverable undiscovered' conventional oil and natural gas reserves in Western Africa at 36.66bn barrels and 163,570bn cubic feet, respectively, particuarly in the Niger Delta.