‘Biggest in a decade’: TotalEnergies’ recent West Africa discovery may hold 400 million barrels

TotalEnergies’ recent discovery offshore Nigeria could be the country’s biggest shallow water find in the last 10 years, according to an industry analyst.

Last week, the French supermajor revealed it had hit gas and liquids with its Ntokon prone in OML 102, a rare exploration well in the world-beating Niger Delta play, albeit the operator did not reveal the size of the find.

Gail Anderson, director of upstream research at Wood Mackenzie, said: “Ntokon is likely to be Nigeria’s biggest shallow water discovery in a decade.