Country Report
Yemen upstream summary
Report summary
Yemen is a mature oil province affected by civil war; its production peaked in 2002 at 460,000 b/d and has declined since. Yemen has been in civil war since 2015, but violence and attacks had also disrupted production in the preceding years. A wide scale production shut-in occurred in 2015, after export terminals were closed. IOCs also chose to evacuate expat staff and suspend operations. The government maintained a low level of domestic production, before reopening an export terminal in ...
Table of contents
- 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
-
Drilling
- Drilling activity
- Early drilling activity
- Drilling activity (1990s)
- Drilling activity (2000-present)
- Success rates
-
Reserves and resources
- Overview
- Reserves by basin
- Reserves by project
-
Production
-
Liquids
- Sab'atayn (Marib) Basin
- Say'un-Al Masila Basin
-
Gas
- Yemen LNG
- Kharir Gas-to-Power Plant
- Emissions
-
Liquids
-
Infrastructure
- Introduction
- Oil infrastructure
-
Oil pipelines
- Marib-Ras Isa
- Masila-Ash Shihr
- Iyad-Rudhum
-
Oil terminals
- Ash Shihr
- Ras Isa
- Rudhum
-
Oil Refineries
- Aden Refinery
- Marib Topping Plant
-
Gas infrastructure
- Gas pipelines
-
Yemen LNG
- Terminal and berthing facilities
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- 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
- Contractor Revenue Entitlement
- Cost recovery
- Profit Sharing
- Income Tax
- Abandonment
-
Natural Gas
- Yemen LNG
- Contractual Arrangement
- Royalty on LNG
- Sample Cash Flow
-
Overview
Tables and charts
This report includes 32 images and tables including:
- Liquid production by basin
- Gas production
- Key facts: Table 1
- Country Map
- Reserves and contingent resources at 01/01/2024
- Liquids and Gas Production 2023
- Net Acreage 2024
- Yemen: Sedimentary Basins
- Marib-Sab'atayn stratigraphic column
- Say'un Al Masila stratigraphic column
- Blocks awarded and relinquished
- Open acreage map - West Yemen
- Open acreage map - East Yemen
- Open acreage map - Socotra
- Exploration: Table 1
- Liquids and gas production and reserves
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Liquid production by basin
- Oil infrastructure map
- Infrastructure: Table 1
- Infrastructure: Table 2
- Gas infrastructure map
- Drilling activity by well type
- Drilling activity and commercial success rates
- Liquid production by project
- Production: Table 1
- Production: Table 2
- Gas production
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
What's included
This report contains:
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