Country Report
Madagascar upstream summary
Report summary
Exploration in Madagascar has yet to yield large-scale commercially producing assets. Offshore exploration has been disappointing to date. However, onshore has yielded some success in the form of four discoveries. The most notable are the heavy oil and oil sands at Tsimiroro and Bemolanga. Small volumes of gas and light oil discoveries were also made onshore. The presence of gas and light oil indicates the potential for conventional exploration in Madagascar's onshore basins. However, ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Introduction
- Morondava and Majunga basins
- Diego Ambilobe basin
- Cap Saint Marie and Ile Saint Marie basins
- Petroleum Plays
-
Exploration
- Licensing
-
Recent Activity
- Historical Activity
-
Drilling
- Drilling activity
- Recent Exploration Work
-
Historical background
- Success rates
- Reserves and resources
-
Production
- Oil/Liquids
-
Infrastructure
- Introduction
- Refineries
- Pipelines
-
Costs
- Introduction
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
-
Licensing
- Exploration Work Commitments
-
Fiscal terms
- Overview
- Upstream
-
Mid/Downstream
- Pipelines
- Gas Utilisation
-
Current fiscal terms
- Basis
- Government equity participation
- Royalty
- PSC production sharing
- PSC cost recovery
- PSC profit sharing
- Direct Tax on Hydrocarbons (IDH)
- Fiscal treatment of decommissioning costs
- Product pricing
- Historical background
Tables and charts
This report includes 17 images and tables including:
- Key facts: Table 1
- Location maps: Image 1
- Reserves and contingent resources at 01/01/2024
- Net Acreage 2024
- Reserves and resources: Table 1
- Map of Madagascar Petroleum Basins
- Generalised stratigraphy of Madagascar
- Exploration: Table 1
- Drilling Activity by Well Type
- Madagascar Licence Map
- Fiscal Terms
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- Fiscal terms: Table 5
- Summary of modelled terms
- Fiscal terms: Table 7
What's included
This report contains:
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