Country Report
Greenland 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 Greenland continental shelf remains an underexplored frontier area. While the area contains high subsurface potential and is governed by a reasonably attractive fiscal regime, exploration comes with significant commercial and technical challenges.
Table of contents
- Executive summary
- Key facts
- Location maps
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Key companies
- Current interests
- Historical interests
-
Geology
- Introduction
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Onshore
- Jameson Land basin
-
Offshore
- Southwest Greenland basin
- East Central Greenland basin
- Kronprins Christian basin
- North Greenland basin
- Baffin Bay basin
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Exploration
-
Licensing
- Recent developments
- Historical licensing rounds
- 2017 licensing round - Davis Strait
- 2017 licensing round - Baffin Bay
- 2014 licensing round - Jameson Land
- 2011/12 licensing round - Greenland Sea
- 2009 licensing round - Baffin Bay
- 2006 licensing round - West Greenland
- 2 more item(s)...
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Other licensing awards
- The KANUMAS Project 1990-96
- 1980s
- 1970s
- Open Door awards
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Drilling
- Drilling activity
- Recent and future activity
-
Historical Activity
- Southwest Greenland basin
- East Central Greenland basin
- Kronprins Christian basin
- North Greenland basin
- Baffin Bay basin
-
Licensing
-
Reserves and resources
- US Geological Survey 2007 Circum-Arctic Resource Appraisal
- Sproule ERCE 2025 Evaluation of the Prospective Resources of the March GL Greenland License
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Production
- Liquids and gas
-
Infrastructure
- Introduction
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- Licensing
-
Fiscal terms
- Overview
- Current fiscal terms
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Concessions
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- Corporate income tax
- Fiscal treatment of decommissioning
- Product pricing
- Sample cash flow
Tables and charts
This report includes the following images and tables:
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Key facts: Table 1Country mapMap of basins
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Exploration: Table 1Exploration acreage mapFiscal terms: Table 1Fiscal terms: Table 2
What's included
This report contains:
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