ERHC Energy Inc (ERHE)

[Nightdaytrader]

"The study shows that all the elements of a working petroleum system are present in the waters of the STP-EEZ."

****************************
São Tomé and Príncipe Exclusive Economic Zone

Matt Tyrell, Joshua May and Eric Mueller; PGS, Orlando Pontes; ANP-STP

Following modern reprocessing of multi-client data, PGS discuss the four key reasons to be excited about the hydrocarbon prospectivity in the São Tomé and Príncipe Exclusive Economic Zone (STP-EEZ).This article appeared in Vol. 15, No. 5 - 2018

Hydrocarbon Potential in the São Tomé and Príncipe Exclusive Economic Zone (STP-EEZ)

Base map showing the territorial waters of the STP-EEZ together with neighbouring countries. The PGS MultiClient seismic and well datasets are shown together with annotations showing the major fluvial input points (orange arrows).
In recent years, the São Tomé and Príncipe Exclusive Economic Zone (STP-EEZ) has been the subject of significant attention from major oil companies, resulting in applications for exploration licences and farm-in activities over nine blocks. PGS reprocessed its MultiClient library data using modern processing techniques and conducted a basin analysis study to help understand the recent interest. The study shows that all the elements of a working petroleum system are present in the waters of the STP-EEZ. Continental and transitional crust provide structures and source rocks and PGS basin modelling reveals that these sediments are mature for oil and gas. Long-lived fluvial systems provide quality reservoirs fed from numerous sedimentary catchment areas.

The São Tomé and Príncipe Exclusive Economic Zone (STP-EEZ) lies within the heart of a tripartite petroleum neighbourhood dominated by long-lived fluvial sedimentary basins: the Niger Delta to the north, the Rio del Rey and Douala Basins to the north-east and the Rio Muni Basin to the east.

PSTM seismic section (below) from 2001 acquisition (reprocessed in 2014) showing tectonic zones, differing phases of syn-kinematic fill and evidence of sands draping over structural highs.

https://www.geoexpro.com/articles/2018/12/sao-tome-and-principe-exclusive-economic-zone