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10 Pages

Israel launches first offshore licensing round


Israel launches first offshore licensing round

Report summary

Israel is offering 24 offshore blocks in its first ever bid round. The blocks on offer in the gas prone Levant basin includes acreage near the giant Tamar and Leviathan discoveries as well as near the Egyptian maritime border, close to Eni’s Zohr discovery. We expect constrained demand in Israel and the lack of clear export routes to dampen investors' enthusiasm for the round, despite excellent prospectivity.

What's included?

This report includes 2 file(s)

  • Israel launches first offshore licensing round PDF - 435.45 KB 10 Pages, 5 Tables, 8 Figures
  • licensing round open.xls XLS - 339.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

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  • 24 blocks in a prolific basin with market risk
  • Terms and conditions
    • Timeline
      • Data available
      • Pre-qualification
      • Bid evaluation and sincerity fees
      • Prospectivity analysis
      • Economic analysis
        • Fiscal regime
          • Gas policy and commercialisation challenges
          • Costs and field size key to value
          • Round expectations
          • Appendix

In this report there are 13 tables or charts, including:

  • 24 blocks in a prolific basin with market risk
    • Attractive fiscal terms, but limited route to market
    • 24 blocks on offer in the Levant basin
    • Map of offered acreage
  • Terms and conditions
    • Licensing round schedule
    • Biddable parameters
    • Discoveries and success rate
    • Cumulative volumes discovered
    • Fiscal benchmarking of comparable terms
    • Windfall profits tax
    • Impact of price and cost on investor returns
    • Investor of price and size on investor returns
    • Development assumptions
    • Israel launches first offshore licensing round: Table 5
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
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