Country Report

Hungary upstream summary

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10 June 2019

Hungary upstream summary

Report summary

A mature hydrocarbon region - Hungary has had an upstream industry since the 1800s. Modern exploration and production began in the early 1900s, when the first foreign investors arrived. Oil and gas production started in 1937 and increased dramatically to meet demand during World War II. Peak production occurred in 1985 with a total of 191,000 boe/d.MOL continues to dominate the sector - The majority of discoveries were made after the mid-1950s by the state oil company, the Hungarian ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Key operators
    • Overview
    • Hydrocarbon plays
      • Permian to Mesozoic
      • Paleogene to Lower Miocene
      • Middle Miocene to Quaternary
    • Licensing
      • Overview
      • First licensing round (1993)
      • Open licensing (1997-2012)
      • Recent licensing rounds (2013 onwards)
    • Drilling
      • Drilling activity
      • Historic drilling activity
      • Recent drilling activity (2016-present)
    • Seismic
    • Cross-border Cooperation
    • Unconventional potential
      • Tight gas - ExxonMobil
      • Coal bed methane
      • Underground coal gasification (UCG)
    • Service industry
  • Reserves and resources
    • Liquids
    • Gas
    • Introduction
    • Oil infrastructure
      • Pipelines
      • Terminals
      • Refineries
    • Gas infrastructure
      • International pipelines
      • Domestic gas network
      • Gas storage
    • Ongoing projects
    • Introduction
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
    • Key legislation
    • Regulatory body
    • State oil company
      • Freeze on Mining Royalty
    • State participation
    • Licensing
      • Transfer of concessions
      • Abandonment
      • Reserved areas
    • Overview
    • Upstream
    • Mid/Downstream
      • Pipelines
      • Gas utilisation
    • Current fiscal terms
      • State equity participation
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty
      • Corporate (or petroleum) income tax
      • Sample cash flow
    • Historical background
      • Household gas subsidy

Tables and charts

This report includes 23 images and tables including:

  • Key facts: Table 1
  • Country map
  • Reserves and resources: Table 1
  • Liquids and Gas Production 2019
  • Net Acreage 2019
  • Production: Table 1
  • Production: Table 2
  • Liquids production
  • Production: Table 3
  • Production: Table 4
  • Gas production
  • Basin map
  • Exploration: Table 1
  • Exploration: Table 2
  • Exploration and appraisal wells (1965-2015)
  • Oil infrastructure map
  • Gas infrastructure map
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Costs: Table 4
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 19.47 MB

  • Document

    Country Overview

    XLS 290.00 KB

  • Document

    Country Overview

    ZIP 19.43 MB

  • Document

    Executive summary

    PDF 697.03 KB

  • Document

    Key facts

    PDF 683.82 KB

  • Document

    Location maps

    PDF 5.79 MB

  • Document

    Key companies

    PDF 710.64 KB

  • Document

    Geology

    PDF 7.45 MB

  • Document

    Exploration

    PDF 731.79 KB

  • Document

    Reserves and resources

    PDF 707.48 KB

  • Document

    Production

    PDF 723.35 KB

  • Document

    Infrastructure

    PDF 7.46 MB

  • Document

    Costs

    PDF 709.89 KB

  • Document

    Policy and regulation

    PDF 717.18 KB

  • Document

    Fiscal terms

    PDF 734.40 KB

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