Recent and ongoing projects
Land and crop market study for the establishment of the compensation matrix for three petroleum exploration licenses
Client : Tullow Oil
Mission:
The Tullow Group has offshore oil production interests in Ivory Coast in the undeveloped Espoir field as well as significant onshore and offshore exploration acreage. The land area is over 8,500 square kilometers and covers densely populated urban environments, small-scale but widely distributed rural settlements, subsistence fishing areas, commercial and subsistence agricultural production areas and environmentally sensitive areas. Tullow will acquire 2D seismic data in four separate Areas of Interest (AOI) of its land area in a single seismic campaign beginning in mid-2019. Successful exploration activities will require short-term access to land within Tullow’s footprint for camps and access roads, as well as access rights along seismic acquisition lines.
It is in this context that Insuco has been mandated by Tullow to conduct the land and crop market study to establish the compensation matrix for 3 petroleum exploration licenses.
Results:
The following deliverables were provided to the client:
- A work plan for the evaluation study;
- An evaluation review report.
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