Country Report
Greenland upstream summary
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
-
Key companies
- Current interests
- Historical interests
-
Geology
- Introduction
-
Onshore
- Jameson Land basin
-
Offshore
- Southwest Greenland basin
- East Central Greenland basin
- Kronprins Christian basin
- North Greenland basin
- Baffin Bay basin
-
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
- 2004 licensing round
- 2002 Licensing Round
-
Other licensing awards
- The KANUMAS Project 1990-96
- 1980s
- 1970s
- Open Door awards
-
Drilling
- Drilling 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
-
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
-
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 7 images and tables including:
- Key facts: Table 1
- Country map
- Map of basins
- Exploration: Table 1
- Exploration acreage map
- Fiscal terms: Table 1
- Fiscal terms: Table 2
What's included
This report contains:
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