Country report
| |
23 Pages

Democratic Republic of Congo upstream summary

Democratic Republic of Congo upstream summary

Report summary

The Democratic Republic of Congo started producing oil in 1975. Output is currently 23,000 b/d, coming from 14 mature fields located both onshore and offshore in the Lower Congo Basin. Perenco is the operator of all production, and has been able to maintain output in recent years through an onshore infill drilling programme. Offshore, Perenco uses well workovers, ESPs and enhanced water injection facilities to stem production decline. We expect output will gradually decline from 2015 as the ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 790.59 KB 23 Pages, 10 Tables, 10 Figures
  • Country Overview XLS - 325.00 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
    • Lower Congo Basin
      • Tectonic Framework
    • East Africa Rift system
      • The Albert-Edward Rift
    • Zaire Basin
      • Petroleum System
  • Exploration
    • Licensing
      • Historical Licensing
      • Recent Licensing
    • Drilling
      • Drilling activity
      • Onshore Lower Congo Basin
      • Albert-Edward Rift Basin
      • Offshore Lower Congo Basin
  • Reserves and resources
  • Production
    • Oil
      • Onshore
      • Offshore
  • Infrastructure
    • Oil infrastructure
  • Costs
    • Capital costs
      • Capital expenditure by location
      • Capital expenditure by development status
    • Operating costs
      • Operating expenditure by location
      • Operating expenditure by development status
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
    • Licensing
  • Fiscal terms
    • Overview
    • Upstream
      • Concession
      • Production Sharing Contract
    • Current fiscal terms
    • Concessions
      • State Equity Participation
      • Carry & Reimbursement
      • Bonuses, Rentals and Fees
      • Other Bonuses and Fees
      • Royalty and Other Production Taxes
      • Royalty
      • Export duty
      • Environmental / CO2 Taxes
      • Other Production Taxes
      • Domestic Market Obligation (DMO)
      • Contractor Revenue Entitlement
      • Product Pricing
      • Corporate (or Petroleum) Income Tax
      • Investment Uplift/Credit
      • Loss Carry Forward
      • Additional Profits Taxes
      • Fiscal/Contractual Ring-Fences
      • Dividend Withholding Tax
      • Other Taxes
    • Production Sharing Contracts (2015 onwards)
      • State equity participation
      • Signature bonuses
      • Production bonuses
      • Area Rentals
      • Training fees
      • Other bonuses & fees
      • Indirect taxes
      • Royalty
      • Export duty
      • Environmental / CO2 taxes
      • Domestic Market Obligation (DMO)
      • Contractor revenue entitlement
      • Liquids Pricing
      • Natural Gas Pricing
      • PSC cost recovery
      • PSC profit sharing
      • Corporate Income Tax
      • Fiscal/Contractual Consolidation
      • Dividend Withholding Tax

In this report there are 20 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Liquids and Gas Production 2014
    • Net Acreage 2015
  • Geology
    • Major Tectonic Phases, Stratigraphic Events and Depositional Stratigraphy of Congo/Angola
  • Exploration
    • Acreage Map
    • Exploration Drilling by Region
    • Drilling Activity by Well Type
  • Reserves and resources
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquids Production by Region
  • Infrastructure
  • Costs
    • Costs: Table 1
    • Costs: Table 2
    • Capital Expenditure by Region (US$ Million)
    • Costs: Table 3
    • Costs: Table 4
    • Operating Expenditure by Region (US$ Million)
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.