Country report
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42 Pages

Yemen upstream summary


Yemen upstream summary

Report summary

Yemen is a mature oil province; its production peaked in 2002 at 460,000 b/d and has since entered into decline. Oil production has been dominated by Masila (Block 14) in the Say'un - Al Masila Basin and Marib-Jawf (Block 18) in the Sab'atayn Basin. Civil violence in Yemen, between Shia Houthi rebels, local tribesmen and forces loyal to the government, has escalated since 2011, causing disruption to the upstream industry. Other militant groups including Al Qaeda have also increased ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.29 MB 42 Pages, 18 Tables, 24 Figures
  • Country Overview XLS - 788.50 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
  • Geology
    • Introduction
    • Regional tectonic framework
    • Major petroleum plays
      • Basement Formation
      • Kohlan Formation
      • Shuqra Formation
      • Lam Formation
      • Alif Formation
      • Qishn Formation
    • Source rocks and petroleum type
  • Exploration
    • Licensing
    • Historical licensing summary
    • Recent licensing summary
    • Drilling
      • Drilling activity
      • Early drilling activity
      • Drilling activity (1990s)
      • Drilling activity (2000-present)
      • Success rates
  • Reserves and resources
    • Overview
    • Commercial Reserves by Basin
    • Commercial Reserves by Analysis
  • Production
    • Liquids
      • Sab'atayn Basin
      • Say'un-Al Masila Basin
      • Producing blocks
    • Gas
  • Infrastructure
    • Introduction
    • Oil infrastructure
      • Marib-Ras Isa
      • Masila-Ash Shihr
      • Iyad-Rudhum
      • Other pipelines
      • Oil Terminals
      • Ash Shihr
      • Ras Isa
      • Rudhum
      • Oil Refineries
      • Aden Refinery
      • Marib Topping Plant
    • Gas infrastructure
      • Gas Pipelines
    • Yemen LNG
      • Terminal and berthing facilities
      • LNG Plant
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
      • North and South Yemen, pre-1990
      • Unified Yemen
    • State participation
    • Licensing
    • Licence extensions
  • Fiscal terms
    • Overview
      • Upstream
      • Mid/Downstream
      • Pipelines
      • Gas Utilisation
    • Current fiscal terms
    • Production Sharing Contracts
      • State equity participation
      • State-carried costs
    • Bonuses, rentals and fees
      • Signature bonuses
      • Production bonuses
      • Training fees
      • Other bonuses and fees
    • Indirect taxes
      • VAT / Sales Taxes
      • Social development levies
      • PSC cost recovery
      • Corporate (or Petroleum) Income Tax
    • Natural Gas
      • Yemen LNG
      • Contractual Arrangement
      • Royalty on LNG
      • Sample Cash Flow
    • Historical background
      • Pre-1980
      • 1980s
      • 1990s

In this report there are 42 tables or charts, including:

  • Executive summary
    • Liquid Production by Basin
    • Gas Production
    • Remaining and Produced Commercial Liquids and Gas Reserves at 01/01/2015 (p+p)
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2016
    • Net Acreage 2016
  • Geology
    • Yemen: Sedimentary Basins
    • Marib-Shabwa Stratigraphic Column
    • Sir Sayun Stratigraphic Column
  • Exploration
    • Blocks Awarded and Relinquished
    • Open Acreage Map - West Yemen
    • Open Acreage Map - East Yemen
    • Open Acreage Map - Socotra
    • Exploration: Table 1
    • Drilling Activity by Well Type
    • Technical and Commercial Success Rates
    • Drilling Activity and Commercial Success Rates
  • Reserves and resources
    • Remaining and Produced Commercial Liquids and Gas Reserves at 01/01/2015 (p+p)
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Liquid Production by Basin
    • Liquid Production
    • Production: Table 1
    • Production: Table 2
    • Gas Production
  • Infrastructure
    • Oil Infrastructure Map
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Gas Infrastructure Map
  • Policy and regulation
    • State Oil Company Structure
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
    • Fiscal terms: Table 5
    • Fiscal terms: Table 6
    • Fiscal terms: Table 7
    • Fiscal terms: Table 8
    • Fiscal terms: Table 9
    • GEM models
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