Country report
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15 Pages

Liberia upstream summary


Liberia upstream summary

Report summary

The oil and gas industry in Liberia is still in its infancy. Exploration in the 1970s briefly focused on shallow water, pre-rift targets. Two civil wars (1989-1996 and 1999-2003) severely damaged the country. Upstream activity re-started in 2007 following the Jubilee discovery in Ghana, which shifted exploration attention to the Atlantic Margin. The 2012 Narina discovery, though sub-commercial, proved the extension of the deepwater Cretaceous play into Liberia. However, Narina is the only ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 608.60 KB 15 Pages, 5 Tables, 5 Figures
  • Country Overview XLS - 227.00 KB

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Geology Introduction
    • West African Transform Margin
      • Sedimentary Basins
      • Source Rocks
      • Reservoirs and Traps
  • Exploration
    • Licensing
    • Offshore Licensing
    • Onshore Licensing
    • Historical Licensing
      • First licensing round (2004)
      • Second licensing round (2007-2008)
      • Third licensing round (2009)
    • Drilling
      • Drilling activity
  • Reserves and resources
  • Production
    • Oil/liquids
  • Infrastructure
    • Introduction
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
    • Licensing
  • Fiscal terms
    • Overview
    • Upstream
      • Production Sharing Contracts
    • Mid/Downstream
      • Pipelines
      • Gas Utilisation
    • Current fiscal terms
      • State equity participation
      • Bonuses, rentals and fees
      • Indirect Taxes
      • Royalty and Other Production Taxes
      • Domestic Market Obligation (DMO)
      • Cost Recovery
      • Profit Sharing
      • Contractor Revenue Entitlement
      • Product Pricing
      • Corporate (or Petroleum) Income Tax
      • Additional Profits Taxes
      • Fiscal/Contractual Ring-Fences
      • Dividend Withholding Tax

In this report there are 10 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Location of Liberia
  • Key companies
    • Net Acreage 2017
  • Geology
    • Geology of Liberia and Sierra Leone
    • Liberia basin stratigraphic column
  • Exploration
    • Blocks in Liberia
    • Exploration: Table 1
  • Reserves and resources
    • Reserves and resources: Table 1
  • Production
  • Infrastructure
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
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