Insight
Results of Hungary's third licensing round
This report is currently unavailable
Report summary
On 25 November 2015, the Hungarian government announced that a total of eight licences had been awarded to four operators. Sand Hill Petroleum (trading in Hungary as Oil & Gas Developments) took four of the concessions awarded. MOL, the part-state-owned incumbent which dominates the upstream sector in Hungary, was awarded two licences, while Hungarian Horizon Energy and Bankers Petroleum were awarded one licence each. The licensing round has been more successful than expected; the awarding of eight out of nine licences, and the entrance of two new companies into the upstream sector is very welcome news. The new licences all lie in the Pannonian Basin, and many of them surround producing oil and gas fields (which are not included in the offered licences) and/or hold depleted oil and gas fields.
Table of contents
-
Hungary third licensing round - awards
- Introduction
- Licences awarded in third licensing round
- Bid and company analysis & commentary
- Conclusions
Tables and charts
This report includes 3 images and tables including:
- Results of Hungary's third licensing round: Table 1
- Results of Hungary's third licensing round: Image 1
- Results of Hungary's third licensing round: Table 2
What's included
This report contains:
Other reports you may be interested in
Insight
Future of Exploration Survey results 2024: explorers emboldened and disciplined
Our 2024 Future of Exploration Survey results show greater internal support for exploration while pressures on budget and headcount grow.
$1,300
Country Report
Montenegro upstream summary
An upstream sector with no discoveries and vocal opposition - Montenegro has no commercial oil and gas production but has been working ...
$3,400
Insight
Upstream licensing in brief
Rolling coverage and analysis of key global upstream licensing events.
$1,300
