Country Report
Democratic Republic of Congo 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 Democratic Republic of Congo (DRC) canceled its licensing round in October 2024. The country's first licensing round was launched in 2022 and offered 27 oil blocks and three gas blocks. DRC awarded the three gas blocks in January 2023, however only two PSCs were signed in September 2023. The oil blocks received minimal interest. DRC extended the deadline multiple times. Following the re-election of President Felix Tshisekedi, a new government was formed in May 2024. In October 2024, ...
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- Producing companies
- Acreage holders
-
Geology
- Introduction
- Lower Congo basin
-
East Africa rift system
- The Albert-Edward Rift
-
Zaire basin
- Petroleum system
-
Exploration
- Licensing
-
Drilling
- Drilling activity
- Offshore Lower Congo basin
- Onshore Lower Congo basin
- Albert-Edward Rift basin
- Reserves and resources
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Production
- Oil
-
Infrastructure
- Oil infrastructure
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Costs
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Capital costs
- Capital expenditure by location
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Operating costs
- Operating expenditure by location
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Capital costs
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- Licensing
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Fiscal terms
- Overview
-
Upstream
- Concession
- Production sharing contract
- Current fiscal terms
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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
- 11 more item(s)...
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Production sharing contracts (2015 onwards)
- State equity participation
- Signature bonuses
- Production bonuses
- Area rentals
- Training fees
- Other bonuses & fees
- Indirect taxes
- Royalty
- 12 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Country map
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Major tectonic phases, stratigraphic events and depositional stratigraphy of Congo/Angola
- Democratic Republic of Congo acreage map
- Production: Table 1
- Production: Table 2
- Liquids production by region
- Exploration drilling by region
- Drilling activity by well type
- Costs: Table 1
- 6 more item(s)...
What's included
This report contains:
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