Country Report

Nicaragua upstream summary

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Nicaragua is a Central American country located between Honduras and Costa Rica. It has no oil or gas reserves and is completely reliant on imports to meet its hydrocarbon demand. Although the first exploration well was drilled in 1930, the country is underexplored. Just a few dozen wells have been drilled, mostly offshore in the Sandino basin (on the Pacific side of the country) and the Miskito basin (on the Caribbean side). In addition to the state oil company, Petróleos de ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Miskito basin
      • Reservoir
      • Source
      • Traps
      • Seal
    • Sandino basin
      • Reservoir
      • Source
      • Traps
      • Seal
    • Licensing
      • First licensing round
      • Second licensing round
      • Equinor acreage
    • Drilling
      • Drilling activity
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Oil infrastructure
      • Possible inter-ocean canal
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • International boundaries
      • Border dispute with Costa Rica
      • Border dispute with Colombia
    • Licensing
    • Pipelines and storage
    • Overview
    • Current fiscal terms
      • Royalties
      • Area fees
      • Corporate Income Tax
      • Other taxes
    • Product pricing
      • Liquids pricing
      • Gas pricing
    • Sample cash flow
      • Methodology

Tables and charts

This report includes 11 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Net Acreage 2024
  • Map of Basins
  • Fiscal terms: Table 3
  • Geology: Image 2
  • Map of blocks and exploration wells drilled
  • Exploration Drilling
  • Infrastructure: Table 1
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 15.87 MB

  • Document

    Country Overview

    XLS 275.50 KB