Exploration
In Liberia, Chevron works through our subsidiary Chevron Liberia Limited. In September 2010, the Liberian government granted Chevron approval to acquire interests in three deepwater blocks. Just a few months later, in 2011, Chevron opened an office in the capital, Monrovia.
Chevron is the operator of and has a 45 percent interest in the blocks, LB-11, LB-12 and LB-14. The three blocks are between 12 and 110 miles (20 to 180 km) south of Monrovia and cover an area of about 2 million acres (8,100 sq km).
Deepwater exploration wells were drilled in the LB-11 block and in the LB-12 block during 2012. Results from that drilling and 3-D seismic data are being studied.
The wells, drilled with the support of several Liberian companies, are Chevron's first deepwater exploration wells in the country.
Updated: April 2013
Cautionary Statement