Country Report

Sri Lanka upstream summary

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Sri Lanka's upstream sector has limited exploration activity: The upstream industry in Sri Lanka is still relatively new. The country held two offshore licensing rounds since 2007, both of which saw limited interest. There is no domestic production, and the country lacks gas infrastructure. Cairn India made two gas discoveries in 2011 on the offshore M2 block, which it won during the 2007 bid round. Cumulatively, these fields hold 150 million barrels of oil equivalent reserves. Cairn ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Cairn India
    • TotalEnergies
    • Equinor
    • ONGC Videsh Limited (OVL)
    • Basin
      • Mannar Basin
      • Cauvery Basin
    • Licensing
    • New Licensing Strategy
    • Upcoming awards
    • First Licensing Round (2007)
    • Second Licensing Round (2013)
    • 2015-2020
    • Drilling
      • Drilling activity
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Introduction
    • Key legislation
      • Amendments to the Petroleum Resource Act
    • Regulatory body
    • State oil company
    • State participation
    • Overview
    • Current fiscal terms
    • Licence terms
    • Equity participation
    • Corporate income tax
    • Domestic market obligation
    • Ring fencing
    • Bonuses, rentals, and fees
    • 14 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Country Map
  • Reserves and resources: Table 1
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • Fiscal terms: Table 4
  • GEM models

What's included

This report contains:

  • Document

    Country Overview

    PDF 4.99 MB