Country report
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54 Pages

Oman upstream summary


Oman upstream summary

Report summary

Oman is the largest non-OPEC producer in the Middle East. Following years of decline up until 2008, Oman increased liquids production to record levels in 2015 and continued the trend through 2016. Liquids production is expected to exceed 1 million b/d for the first time in 2016, largely driven by production increases in Block 6.The majority of recent production growth can be attributed to stabilisation of production in Block 6, operated by Petroleum Development Oman (PDO), and accounts for ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.21 MB 54 Pages, 13 Tables, 18 Figures
  • Country Overview XLS - 500.50 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
    • Operating environment
  • Key facts
  • Location maps
  • Key companies
    • Hydrocarbon production
    • Recent licensing
    • Oman licensing round 2016
  • Geology
    • Introduction
    • Regional Tectonic Framework
    • Major Petroleum Plays
      • Huqf Group
      • Haima Group
      • Haushi Group
      • Khuff Formation
      • Shuaiba Formation
      • Natih Formation
    • Source Rocks and Petroleum Type
  • Exploration
    • Licensing
    • Licensing summary
      • Recent licensing
    • Licensed exploration blocks
      • Block 15 - Hydrocarbon Finder
      • Block 17 - PetroTel
      • Blocks 36 - DNO
      • Block 38 - Frontier Resources
      • Block 39 - PetroTel
      • Block 40 - PetroTel
      • Block 42 - Oman Oil Company Exploration and Production
      • Block 50 - Masirah Oil
      • Block 54 - Oman Lasso E&P Karwan
      • Block 55 - Petrogas
      • Block 56 - Medco Energi
      • Block 66 - MOL
      • Block 67 - PetroTel
      • Block 18
      • Block 30
      • Block 31
      • Block 41
      • Block 43A
      • Block 43B
      • Block 47
      • Block 48
      • Block 49
      • Block 51
      • Block 52
      • Block 57
      • Block 58
      • Block 59
      • Block 62 (Oil)
      • Block 64 (Non-associated gas)
      • Block 65
    • Drilling
      • Drilling activity
      • Exploration drilling by operator
      • Success rates
  • Reserves and resources
    • Oil
    • Gas
  • Production
    • Oil/Liquids
      • Historical production
      • Production outlook
    • Gas
      • Gas sales outlook
  • Infrastructure
    • Introduction
    • Oil infrastructure
      • Oil pipelines
    • Oil terminals
    • Oil Refineries
      • Mina Al Fahal refinery
      • Sohar refinery
      • Duqm refinery
    • Gas infrastructure
      • Gas pipelines
      • LNG terminals
      • Gas Processing Plants
  • Costs
    • Introduction
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
      • Oman Oil Company
      • Oman Gas Company
    • State participation
    • Licensing
  • Fiscal terms
    • Overview
      • Upstream
      • Mid/Downstream
      • Gas Utilisation
    • Current fiscal terms
    • PDO Concession
    • Petroleum Agreement / Exploration & Production Sharing Agreement (EPSA)
      • State equity participation
      • Bonuses, rentals and fees
      • Training fees
      • Royalty and other production taxes
      • Contractor Revenue Entitlement
      • Liquids Pricing
      • Natural Gas Pricing
      • PSC cost recovery
      • PSC Profit Sharing
      • Corporate (or Petroleum) Income Tax
      • Fiscal/Contractual Ring-Fences
      • Marginal Government Take
      • Sample Cash Flow
    • Historical background
      • Pre-1980
      • 1980s
      • 1990s to present

In this report there are 31 tables or charts, including:

  • Executive summary
    • Liquid Production
    • Gas Production
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2017
    • Net Acreage 2016
  • Geology
    • Oman Sedimentary Basins Map
    • Oman Generalised Stratigraphy
  • Exploration
    • Open acreage
    • Drilling Activity and Commercial Success Rates
    • Technical and Commercial Success Rates
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and Produced Commercial Liquids and Gas Reserves at 01/01/2017 (p+p)
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquid Production
    • Production: Table 3
    • Production: Table 4
    • Gas Production
    • Liquids and Gas Production
  • Infrastructure
    • Oil Infrastructure Map
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Gas Infrastructure Map
    • Infrastructure: Table 3
  • Costs
    • Country Capital Expenditure (US$ Million)
    • Costs: Table 1
    • Costs: Table 2
    • Operating Expenditure by Region (US$ Million)
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
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