Country report
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17 Pages

Bahamas upstream summary

Bahamas upstream summary

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 ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 713.58 KB 17 Pages, 4 Tables, 6 Figures
  • Country Overview XLS - 188.00 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Overview
    • Source
    • Reservoir
    • Traps
    • Seal
  • Exploration
    • Licensing
      • Current licensing
    • Drilling
      • Drilling activity
  • Reserves and resources
  • Production
    • Oil/liquids
    • Gas
  • Infrastructure
    • Oil infrastructure
      • BORCO Terminal
      • South Riding Point Terminal
    • Gas infrastructure
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • International boundaries
    • Licensing
      • Exploration permit
      • Exploration licence
      • Production lease
      • Environmental obligations
    • Domestic market obligation
  • Fiscal terms
    • Overview
    • Current fiscal terms
    • Royalty
    • Corporate income tax
      • Tax rate
      • Fiscal / contractual ring fences
      • Deductibles and depreciables
      • Other taxes
    • Bonuses, rentals and fees
      • Application fees
      • Area fees
      • Business licence fees
      • Training fees
    • Sample cash flow
      • Methodology

In this report there are 10 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Net Acreage 2016
  • Geology
    • Regional Geology
    • Stratigraphic Column
  • Exploration
    • Map of blocks and exploration wells drilled
  • Reserves and resources
  • Production
  • Infrastructure
    • Oil Infrastructure Map
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • GEM models
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