Country Report
Bahamas upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Bahamas is a group of islands in the Caribbean Sea, located to the southeast of Florida and immediately north of Cuba. It has never produced any oil or gas. There are producing areas in northern Cuba and onshore Florida, and it is thought that these areas may extend into the Bahamas. Despite the first well being drilled in 1947, just five wells have been drilled, all offshore, four of which recorded non-commercial oil shows. The last well was completed in 1986.The lack of exploration ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
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Geology
- Introduction
- Overview
- Source
- Reservoir
- Traps
- Seal
-
Exploration
-
Licensing
- Current licensing
-
Drilling
- Drilling activity
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Licensing
- Reserves and resources
-
Production
- Oil/liquids
- Gas
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Infrastructure
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Oil infrastructure
- BORCO Terminal
- South Riding Point Terminal
- Gas infrastructure
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Oil infrastructure
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- International boundaries
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Licensing
- Exploration permit
- Exploration licence
- Production lease
- Environmental obligations
- Domestic market obligation
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Fiscal terms
- Overview
- Current fiscal terms
- Royalty
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Corporate income tax
- Tax rate
- Fiscal / contractual ring fences
- Deductibles and depreciables
- Other taxes
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Bonuses, rentals and fees
- Application fees
- Area fees
- Business licence fees
- Training fees
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Sample cash flow
- Methodology
Tables and charts
This report includes the following images and tables:
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Key facts: Table 1Country MapNet Acreage 2025
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Regional GeologyStratigraphic ColumnFiscal terms: Table 1Fiscal terms: Table 2Map of blocks and exploration wells drilledOil Infrastructure MapGEM models
What's included
This report contains:
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