Country Report
Nepal upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Licensing round 2024: The Government of Nepal invited international and national oil companies to bid for petroleum exploration opportunities in May 2024. They offered Exploration Block 4 (Lumbini) and Block 5 (Chitwan) in southern Nepal. The prospective areas encompassed parts of the Terai plains and Siwalik foothills, regions known for their sedimentary basins suitable for petroleum exploration. To encourage investments, the government offered production sharing contracts (PSCs) with ...
Table of contents
- Executive summary
- Key facts
- Location maps
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Geology
- Introduction
-
Exploration
-
Licensing
- First Licensing Rounds
- 1997 Licensing Round
- Cairn Energy Award (2004)
- Cairn Acquisition of Blocks 3 and 5
- 2024 Licensing Round
- India
-
Drilling
- Drilling activity
- Oil and Gas Seeps
- Early Surveys
- Nepal Government Drilling
- Shell Drilling Activity
- Additional Surveys
- Recent Drilling Activity
-
Indian Activity
- ONGC wells (1960-1990)
- Oil India drilling (1998)
- ONGC-Cairn drilling (2006-2008)
-
Licensing
- Reserves and resources
-
Production
-
Oil/liquids
- Oil Imports
-
Oil/liquids
-
Infrastructure
- Introduction
-
Policy and regulation
- Key legislation
- Regulatory body
- State participation
-
Licensing
- Type of Contract
- Exploration Term
- Production Term
- Work Commitment
- Relinquishment
-
Fiscal terms
-
Current fiscal terms
- Royalty
- Cost Recovery
- Production Sharing
- Taxation
- Government Participation
- Bonuses
- Domestic Supply
- Indirect Taxes
- 6 more item(s)...
-
Current fiscal terms
Tables and charts
This report includes the following images and tables:
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Key facts: Table 1Country mapStratigraphic Column of the Terai Plain
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Sedimentary basin mapMap of active licencesFiscal terms: Table 1Fiscal terms: Table 2Fiscal terms: Table 3Fiscal terms: Table 4Fiscal terms: Table 5Fiscal terms: Table 6
What's included
This report contains:
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