Country Report

Portugal upstream summary

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04 February 2019

Portugal upstream summary

Report summary

There have been no commercial discoveries in Portugal, and domestic oil and gas requirements are met by imports. Following the 2018 abandoment of drilling plans in the frontier Lusitanian basin, the exploration outlook is bleak.

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Current interests
    • Historic interests
    • Introduction
    • Galician basin
      • Hydrocarbon Plays
    • Lusitanian basin
      • Hydrocarbon Plays
      • Alentejo Area
    • Gulf of Cadiz
    • Licensing
      • Licensing history
    • Drilling
      • Drilling activity
      • Future drilling activity
      • Historical onshore activity
      • Historical offshore activity
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Oil infrastructure
    • Gas infrastructure
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
      • Preliminary Evaluation Licences
      • Concession Contracts
    • Overview
      • Upstream
      • Mid/Downstream
    • Current fiscal terms
      • State equity participation
      • Participation rate
      • Carry & Reimbursement
      • Bonuses, rentals and fees
      • Other bonuses and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Product Pricing
      • Corporate (or Petroleum) Income Tax
      • Sample Cash Flows
    • Historical background

Tables and charts

This report includes 13 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Reserves and resources: Table 1
  • Net Acreage 2019
  • Geology: Image 1
  • Current Licences
  • Oil infrastructure
  • Gas infrastructure
  • GEM models
  • Blocks awarded and relinquished
  • Drilling activity
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 26.14 MB

  • Document

    Country Overview

    XLS 144.50 KB

  • Document

    Country Overview

    ZIP 26.08 MB

  • Document

    Executive summary

    PDF 694.14 KB

  • Document

    Key facts

    PDF 681.84 KB

  • Document

    Location maps

    PDF 5.25 MB

  • Document

    Geology

    PDF 5.95 MB

  • Document

    Exploration

    PDF 5.02 MB

  • Document

    Reserves and resources

    PDF 704.17 KB

  • Document

    Production

    PDF 683.55 KB

  • Document

    Infrastructure

    PDF 11.87 MB

  • Document

    Policy and regulation

    PDF 706.75 KB

  • Document

    Fiscal terms

    PDF 734.20 KB

  • Document

    Key companies

    PDF 693.41 KB

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