Country Report

Benin upstream summary

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26 January 2017

Benin upstream summary

Report summary

Benin is a small country located to the west of Nigeria. The country's only commercial field, Sèmè, ceased production in 1998. Production resumed at very low levels in 2015 before being shut-in.Only 19 exploration and appraisal wells have been drilled in Benin. The country shares similar geology to offshore western Nigeria. However its position at the eastern end of the West African Transform Margin (WATM), with a narrow continental shelf and steep drop off to ultra-deep ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Keta-Togo-Benin basin
      • Reservoirs, Traps and Seals
      • Source Rocks
    • Licensing
      • Onshore
      • Shallow Water
      • Deep Water
    • Drilling
      • Drilling activity
      • Future Drilling
  • Reserves and resources
    • Oil/Liquids
    • Introduction
    • Key legislation
    • State participation
    • Licensing
      • Exploration Licence
      • Production Licence
    • Overview
    • Upstream
    • Mid/Downstream
      • Pipelines
      • Gas Utilisation
    • Current fiscal terms
    • Production Sharing Contracts
      • State Equity Participation
      • Bonuses, Rentals and Fees
      • Indirect Taxes
      • Royalty and Other Production Taxes
      • Domestic Market Obligation (DMO)
      • PSC Cost Recovery
      • Profit Sharing
      • Contractor Revenue Entitlement
      • Product Pricing
      • Corporate (or Petroleum) Income Tax
      • Additional Profits Taxes
      • Fiscal/Contractual Ring-Fences
      • Dividend Withholding Tax
      • Other Taxes
      • Marginal Government Take
    • Historical background
      • 1970s - 1980s
      • 1990s

Tables and charts

This report includes 6 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Net Acreage 2018
  • Geology: Image 1
  • Benin Licence Map
  • Exploration Drilling

What's included

This report contains:

  • Document

    Country Overview

    PDF 1.27 MB

  • Document

    Country Overview

    XLS 30.00 KB

  • Document

    Country Overview

    ZIP 1.21 MB

  • Document

    Executive summary

    PDF 676.86 KB

  • Document

    Key facts

    PDF 683.76 KB

  • Document

    Location maps

    PDF 904.57 KB

  • Document

    Key companies

    PDF 700.39 KB

  • Document

    Geology

    PDF 802.09 KB

  • Document

    Exploration

    PDF 966.27 KB

  • Document

    Reserves and resources

    PDF 672.73 KB

  • Document

    Production

    PDF 684.70 KB

  • Document

    Infrastructure

    PDF 689.00 KB

  • Document

    Policy and regulation

    PDF 688.47 KB

  • Document

    Fiscal terms

    PDF 708.40 KB

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