Geology will support further discoveries in Gulf of Guinea's Golden Rectangle

The oil and gas industry has been on an "elephant hunt" off West Africa for the past decade. This elephant hunt, or search for giant offshore oil fields, is focused on geologic sweet spots in the Gulf of Guinea and is most active in the offshore sectors of Nigeria, Equatorial Guinea, and Angola.One of the richest and most prolific of these sweet spots is a 1.2 million acre offshore tract that we call the Gulf of Guinea's "Golden Rectangle," where recoverable oil reserves are reported in excess of 5 billion bbl and oil production exceeds 1 million b/d. Click here to enlarge imageThe Golden Rectangle is located near the offshore intersection of the maritime boundaries of Nigeria, Equat...

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