Aaiun-Tarfaya

Commentary

While the ATB can be considered under explored, more recent exploration onshore has been a reignited interest in the Basin. Offshore remains difficult geologically, but nevertheless, exploration to date has been positive, if only technically, advancing the understanding of the basin.

Updated

June 18, 2024

Location

Description

The ATB developed in a passive margin. The Precambrian and Palaeozoic basement is composed of complex structures, divided into horsts and grabens. On this, lies the syn-rift sequence of basal-Liassic, which is essentially red clastic sediments: conglomerates, sandstones and clays associated with lagoonal sediments (NW of the ATB). The post-rift mega sequence begins with the Lias-Dogger beds which are coincident with the opening of the Atlantic seaway and the progressive establishment of more marine environment with carbonate sedimentation.

Summary

Recently, Morocco has seen growth in exploration activity. Fiscal terms are favourable, the area is underexplored, and there is a proven, working hydrocarbon system. The oil & gas regulator has taken specific steps to attract smaller to medium sized companies, which has been reflected in the wide range of new plays and developments in the ATB.