Country report
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42 Pages

Saudi Arabia upstream summary


Saudi Arabia upstream summary

Report summary

Saudi Arabia has the highest oil production capacity in the world, estimated at 12.3 million b/d in 2016. The national oil company, Saudi Aramco, is responsible for keeping spare capacity broadly between 1.5 million b/d and 2.0 million b/d and this is a cornerstone of the government's oil policy. Between 2004 and 2009, Saudi Aramco undertook one of its largest-ever programmes of capacity expansion, investing around US$100 billion in a series of mega-projects to increase its total ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.10 MB 42 Pages, 13 Tables, 12 Figures
  • Country Overview XLS - 538.50 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
  • Key facts
  • Location maps
  • Key companies
    • Summary
    • Saudi Aramco
      • Initial public offering (IPO)
  • Geology
    • Introduction
    • Regional Tectonic Framework
    • Widyan - North Arabian Gulf basin
    • Major Petroleum Plays - Widyan - North Arabian Gulf Basin
      • Unayzah Formation
      • Khuff Formation
      • Marrat Formation
      • Tuwaiq Mountain Formation
      • Hanifa Formation
      • Arab Formation
      • Sulaiy Formation
      • Yamama Formation
      • Biyadh Formation
      • Shuaiba Formation
      • Wasia Formation
    • Source Rocks and Petroleum Type
    • Oil Quality
  • Exploration
    • Licensing
      • Aramco
      • The Partitioned Zone
      • Onshore Partitioned Zone
      • Offshore Partitioned Zone
      • Other historic licence awards
      • IOC Awards
    • Drilling
      • Drilling activity
      • Unconventional gas
      • Deepwater exploration
  • Reserves and resources
    • Oil
    • Natural Gas Liquids (NGLs)
    • Gas
      • Unconventional gas
  • Production
    • Oil/Liquids
      • Pre-1960
      • 1960-1990
      • 1990 to 2009
      • 2010 to Present
      • Natural Gas Liquids (NGLs)
    • Gas
  • Infrastructure
    • Introduction
    • Oil infrastructure
      • Northern Area
      • Southern Area
      • East-West Area
    • Main Pipelines
      • Shedgum-Yanbu NGL pipeline (SHY-1)
      • Abqaiq-Yanbu Pipelines (Petroline)
      • Iraq Pipeline to Saudi Arabia (IPSA)
      • Trans Arabian Pipeline (TAPLINE)
    • Oil Refineries
    • Oil Export Terminals
      • Gulf Coast
      • Red Sea Coast
    • Gas infrastructure
    • Master Gas System (MGS) History
      • Berri (Associated Gas)
      • Shedgum (Associated Gas)
      • Uthmaniyah (Associated Gas)
      • Hawiyah (Non-associated Gas)
      • Haradh (Non-associated Gas)
      • Khursaniyah Gas Plant (KGP)
      • Wasit Gas Plant (Non-associated Gas)
  • Policy and regulation
    • Key legislation
      • Aramco
      • Nationalisation
      • Partitioned Zone (Kuwait/Saudi Arabia)
    • Regulatory body
    • State oil company
    • State participation
    • International boundaries
    • Licensing
  • Fiscal terms
    • Overview
      • Upstream
      • Mid/Downstream
    • Current fiscal terms
      • Royalty and other production taxes
      • Domestic Market Obligation (DMO)
      • Income Tax
    • Sample Cash Flow
      • Onshore Concession
    • Gas Exploration Contracts
      • State Equity Participation
      • Royalty
      • Natural Gas Investment Tax (NGIT)
      • Corporate Income Tax (CIT)
      • Capital Uplifts
      • Bonuses and Surface Rentals
      • Gas Sales Price
      • Condensate Sales Price
      • NGL Sales Price

In this report there are 25 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Location maps: Image 1
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2016
  • Geology
    • Map of Saudi Arabian Basins
    • Mesozoic-Cenozoic Stratigraphic Column for the Widyan - North Arabian Gulf Basin
    • Phanerozoic Stratigraphic Column for the Widyan - North Arabian Gulf Basin
  • Exploration
    • Exploration: Table 1
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and Produced Commercial Reserves at 01/01/2017 (p+p)
    • Reserves and resources: Table 2
    • Reserves and resources: Table 3
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquids Production
    • Liquids Production by Sector
    • Production: Table 3
    • Production: Table 4
    • Gas Production by Sector/Type
  • Infrastructure
    • Saudi Arabia Oil Infrastructure Map
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Gas Infrastructure Map
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • GEM models
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