Country Report

Spain upstream summary

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06 February 2018

Spain upstream summary

Report summary

Spain is a small oil and gas producer, with output comparable in size to Kyrgyzstan.Oil industry dominated by offshore projects - The Boquerón, Casablanca, Chipirón, Lubina, Montanazo D5 and Rodaballo fields lie offshore in the Gulf of Valencia. The fields account for all of Spain's annual oil production.Gas production has stabilised - Production peaked in the 1980s at around 160 mmcfd. Output fell rapidly in the early 1990s, but recovered in 2002 to around 60 mmcfd. Most ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Introduction
    • Cantabrian basin
    • Gulf of Cadiz basin
    • Guadalquivir basin
    • Valencia Trough
    • Licensing
    • Drilling
      • Drilling activity
      • Onshore
      • Offshore
  • Reserves and resources
    • Oil
    • Gas
    • Oil infrastructure
      • Refineries
    • Gas infrastructure
      • Ownership
      • Pipeline network
      • Compressor stations
      • Regasification terminals
      • Gas storage
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
    • Key legislation
    • Regulatory body
    • State participation
    • Licensing
      • Research Permits
      • Exploitation Concessions
    • Overview
      • Upstream
    • Current fiscal terms
    • Concessions
    • State equity participation
      • Participation Rate
      • Carry & Reimbursement
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Domestic Market Obligation (DMO)
      • Product Pricing
      • Corporate (or Petroleum) Income Tax
      • Sample Cash Flow
    • Historical background

Tables and charts

This report includes 19 images and tables including:

  • Key facts: Table 1
  • Country map
  • Reserves and resources: Table 1
  • Geology: Image 1
  • Blocks awarded
  • Production: Table 1
  • Production: Table 2
  • Oil production
  • Production: Table 3
  • Production: Table 4
  • Gas production
  • Exploration drilling by region
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Costs: Table 4
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3

What's included

This report contains:

  • Document

    Country Overview

    PDF 9.51 MB

  • Document

    Country Overview

    XLS 263.00 KB

  • Document

    Country Overview

    ZIP 9.44 MB

  • Document

    Executive summary

    PDF 694.00 KB

  • Document

    Key facts

    PDF 684.52 KB

  • Document

    Location maps

    PDF 5.23 MB

  • Document

    Geology

    PDF 4.83 MB

  • Document

    Exploration

    PDF 713.41 KB

  • Document

    Reserves and resources

    PDF 704.51 KB

  • Document

    Production

    PDF 735.16 KB

  • Document

    Infrastructure

    PDF 701.82 KB

  • Document

    Costs

    PDF 712.38 KB

  • Document

    Policy and regulation

    PDF 698.64 KB

  • Document

    Fiscal terms

    PDF 729.28 KB

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