The Liberia Basin, covering approximately 50,000 square kilometers and comprising 33 blocks of shallow to deepwater depths ranging from 0 to 3,000 meters, has witnessed significant exploration activity over the past two decades.
Initial exploration activities took place between 1979 and 1984, resulting in the drilling of three exploration wells (Liber-1, 2, and 3). While no major discoveries were made, these early efforts provided valuable data about the basin's potential.
Renewed industry interest between 2010 and 2017 led to increased exploration activity within the Liberia Basin involving major international oil companies (IOCs) such as ExxonMobil, Chevron, and Anadarko, to name a few. During that period, there was a geological discovery of hydrocarbon in the Narina-1 Well (Block LB-11). This exploration phase generated extensive 2D and 3D seismic data (by TGS, a geophysical data company based in London and Houston) and diverse geological data from exploration wells drilled during this period.
NOCAL's strategic goal is to emerge as a world-class national oil company. With an organizational structure that aligns with leading organizations globally, NOCAL is committed to fostering excellence through a focus on skilled personnel and continuous improvement and capacity development each year.