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Q2 2019 Global Bid Round Outlook - Americas Becoming a Licensing Hotspot

Q2 2019 Global Bid Round Outlook - Americas Becoming a Licensing Hotspot

Summary

Over 40 licensing rounds are open globally with 19 scheduled to close in the quarter. An additional 15 licensing opportunities are planned to open in Q2 2019 and looking ahead, 60 more rounds are potentially in the pipeline. Licensing opportunities are increasing in the Americas as Brazil, Canada, and the US launch licensing rounds scheduled to close within 2019.

Brazil’s Transfer of Rights Production Sharing Round is open and is expected to generate substantial interest, offering significant discovered pre-salt volumes. In addition, Argentina, Brazil, Canada, Ecuador, Guyana, Peru, and the US are planning to launch further licensing rounds.

Following Lease Sale 252 in March 2019, which yielded more than US$244 million in high bids with 30 companies participating, the Federal Government is holding Lease Sale 253 in the OCS, and the Alaskan government is promoting two further rounds.

Africa continues to offer the most open and upcoming licensing opportunities. This quarter, Ghana’s First Licensing Round and the Republic of Congo’s, Congo Licensing Round Phase II 2018-2019 are scheduled to close. Angola will host a significant portion of the upcoming licensing activity in Africa. In February 2019, the country announced its 2019-2025 licensing strategy, which includes a mix of licensing rounds and direct negotiations. The first round will launch in June 2019 offering ten blocks.

Meanwhile in Asia, notable activity includes the revision of India’s licensing policy for the Open Acreage Licensing Policy (OALP) Bid Round-IV onwards. In Europe, the UK and Faroe Islands will hold parallel rounds for acreage located between the Faroe Islands and the West of Shetland. While in the Former Soviet Union, Ukraine continues a series of licensing rounds, including acreage in the Black Sea.

More details can be found from the latest research report Q2 2019 Global Bid Round Outlook - Americas Becoming a Licensing Hotspot.

Scope

  • Provides an overview of global bid rounds for 2019
  • Information on each bid round due to close in Q2 2019 by region and country
  • Upcoming open bid rounds by region and country
  • Information on recent exploration and licensing history of countries of bid rounds wherever available
  • State take comparison with regional peers for the bid rounds.
Reasons to buy
  • Obtain the most up to date information available on global bid rounds
  • Gain insight on bid rounds and blocks on offer by country and region
  • Keep abreast of licensing history in countries where bid rounds are open or due to close
  • Facilitate decision making on the basis of strong data on global bid rounds.


  • Key Highlights & Trends
  • Global Bid Round Summary
    • Table Global, Open and Upcoming Bid Rounds by Region and Bid Due Date
    • Global Bid Round Activity - 2019
      • Table Figure 1: Global Bid Round Activity
    • Open Bid Rounds
      • Table Figure 2: Global Open Bid Rounds
    • Upcoming Bid Rounds
      • Table Figure 3: Global Upcoming Bid Rounds
  • Q2 2019 Bid Round Overview
    • Rounds Closing this Quarter
      • Table Figure 4: Q2 2019 Closing Bid Rounds
      • Table Q2 2019 Closing Bid Rounds Overview
      • Table Figure 5: Q2 2019 Closing Bid Rounds: Blocks on Offer by Bid Round and Terrain
      • Table Figure 6: Q2 2019 Closing Bid Rounds: Blocks on Offer by Terrain and Country
      • Table Figure 7: Q2 2019 Closing Bid Rounds: State Take Comparison of Countries
    • Rounds Opening this Quarter
      • Table Figure 8: Q2 2019 Upcoming Bid Rounds
      • Table Q2 2019 Upcoming Bid Rounds Overview
      • Table Figure 9: Q2 2019 Upcoming Bid Rounds: Blocks on Offer by Bid Round and Terrain
      • Table Figure 10: Q2 2019 Upcoming Bid Rounds: Blocks on Offer by Terrain and Country
      • Table Figure 11: Q2 2019 Upcoming Bid Rounds: State Take Comparison of Countries
  • Africa
    • Q2 2019 Closing Bid Rounds
      • Table Africa, Closing Bid Rounds, Arranged by Bid Due Date
      • Ghana
        • Table First Licensing Round 2018 Overview
        • Table Figure 12: Ghana, Map of First Licensing Round 2018
        • Table Figure 13: Ghana, State Take Comparison - Regional Peers
        • Table Figure 14: Ghana, Licensed Blocks By Company
        • Table Figure 15: Ghana, Basin Creaming Curve
        • Table Ghana, Recent Exploration Wells
      • Congo Republic
        • Table Congo License Round Phase II 2018-2019 Overview
        • Table Figure 16: Congo Republic, Map of Congo License Round Phase II 2018-2019
        • Table Figure 17: Congo Republic, State Take Comparison - Regional Peers
        • Table Figure 18: Congo Republic, Recent Bid Round Results*
        • Table Figure 19: Congo Republic, Licensed Blocks By Company
        • Table Figure 20: Congo Republic, Basin Creaming Curve
        • Table Congo Republic, Recent Exploration Wells
    • Q2 2019 Open Bid Rounds
      • Table Africa, Open Bid Rounds, Arranged By Bid Due Date
      • Egypt
        • Table Ganope Offshore Red Sea International Bid Round 2019, Overview
        • Table Figure 21: Egypt, Map of Ganope Offshore Red Sea International Bid Round 2019
        • Table Figure 22: Egypt, State Take Comparison - Regional Peers
        • Table Figure 24: Egypt, Licensed Blocks By Company
        • Table Figure 23: Egypt, Recent Bid Round Results*
        • Table Egypt, Recent Exploration Wells
      • Equatorial Guinea
        • Table 2019 Licensing Round, Overview
        • Table Figure 25: Equatorial Guinea, Map of 2019 Licensing Round
        • Table Figure 26: Equatorial Guinea, State Take Comparison - Regional Peers
        • Table Figure 27:Equatorial Guinea, Recent Bid Round Results*
        • Table Figure 28: Equatorial Guinea, Licensed Blocks By Company
        • Table Figure 29: Equatorial Guinea, Basin Creaming Curve
        • Table Equatorial Guinea, Recent Exploration Wells
      • Gabon
        • Table 12th Gabon Shallow and Deep Water Bid Round Overview
        • Table Figure 30: Gabon, Map of 12th Gabon Shallow and Deep Water Licensing Round
        • Table Figure 31: Gabon, State Take Comparison - Regional Peers
        • Table Figure 32: Gabon, Recent Bid Round Results*
        • Table Figure 33: Gabon, Licensed Blocks By Company
        • Table Figure 34: Gabon, Basin Creaming Curve
        • Table Gabon, Recent Exploration Wells:
      • Somalia
        • Table Somalia Offshore 2019 License Round Overview
        • Table Figure 35: Somalia, Map of Somalia Offshore 2019 License Round
        • Table Figure 36: Somalia, Recent Bid Round Results*
        • Table Figure 37: Somalia, Licensed Blocks By Company
        • Table Somalia, Recent Exploration Wells
      • Cameroon
        • Table Cameroon 2019 License Round Overview
        • Table Figure 38: Cameroon, Map of Round 2019
        • Table Figure 39: Cameroon, State Take Comparison - Regional Peers
        • Table Figure 40: Cameroon, Recent Bid Round Results*
        • Table Figure 41: Cameroon, Licensed Blocks By Company
        • Table Figure 42: Cameroon, Basin Creaming Curve
        • Table Cameroon, Recent Exploration Wells
        • Table Offshore Licensing Round 2018-19 Overview
        • Table Figure 43: Madagascar, Map of Offshore Licensing Round 2018-19
        • Table Figure 44: Madagascar, State Take Comparison - Regional Peers
        • Table Figure 45: Madagascar, Recent Bid Round Results*
        • Table Figure 46: Madagascar, Licensed Blocks By Company
        • Table Madagascar, Recent Exploration Wells
    • Upcoming Bid Rounds
      • Table Africa, Upcoming Bid Rounds
      • Algeria
      • Angola
      • Democratic Republic of Congo
      • Egypt
      • Kenya
      • Liberia
      • Mozambique
      • Nigeria
      • Senegal
      • Sierra Leone
      • South Africa
      • Sudan
      • Tanzania
      • Uganda
  • Asia
    • Q2 2019 Closing Bid Rounds
      • Table Asia, Closing Bid Rounds, Arranged by Bid Due Date
      • Indonesia
        • Table 2019 Conventional Oil and Gas Bidding First Round (Exploration) Blocks
        • Table Figure 47: Indonesia, 2019 Conventional Oil and Gas Bidding First Round (Exploration)
        • Table Figure 48: Indonesia, State Take Comparison - Regional Peers (Exploration)
        • Table Figure 49: Indonesia, Recent Bid Round Results* (Exploration)
        • Table Figure 50: Indonesia, Licensed Blocks By Company (Exploration)
        • Table Figure 51: Indonesia, Basin Creaming Curve (Exploration)
        • Table Indonesia, Recent Exploration Wells
        • Table 2019 Conventional Oil and Gas Bidding First Round (Production) Blocks
        • Table Figure 52: Indonesia, 2019 Conventional Oil and Gas Bidding First Round (Production)
        • Table Figure 53: Indonesia, State Take Comparison - Regional Peers
        • Table Figure 54: Indonesia, Recent Bid Round Results*
        • Table Figure 55: Indonesia, Licensed Blocks By Company
        • Table Figure 56: Indonesia, Basin Creaming Curve
        • Table Indonesia, Recent Exploration Wells(production)
      • Malaysia
        • Table Petronas Licensing Round 2019 Overview
        • Table Figure 57: Malaysia, State Take Comparison - Regional Peers
        • Table Figure 58: Malaysia, Recent Bid Round Results*
      • Sri Lanka
        • Table International Bid Round 2019 (Block M2) Overview
        • Table Figure 59: Sri Lanka, Map of International Bid Round 2019 (Block M2)
        • Table Figure 60: Sri Lanka, Recent Bid Round Results*
      • India
        • Table Hydrocarbon Exploration & Licensing Policy (HELP) - OALP Bid Round-II Overview
        • Table Figure 61: India, Map of Hydrocarbon Exploration & Licensing Policy (HELP) - OALP Bid Round-II
        • Table Figure 62: India, State Take Comparison - Regional Peers (OALP Bid Round-II)
        • Table Figure 63: India, Recent Bid Round Results* (OALP Bid Round-II)
        • Table Figure 64: India, Licensed Blocks By Company (OALP Bid Round-II)
        • Table Figure 65: India, Basin Creaming Curve (OALP Bid Round-II)
        • Table India, Recent Exploration Wells
        • Table Hydrocarbon Exploration & Licensing Policy (HELP) - OALP Bid Round-III Blocks
        • Table Figure 66: India, Map of Hydrocarbon Exploration & Licensing Policy (HELP) - OALP Bid Round-III
        • Table Figure 67: India, State Take Comparison - Regional Peers
        • Table Figure 68: India, Recent Bid Round Results*
        • Table Figure 69: India, Licensed Blocks By Company
        • Table Figure 70: India, Basin Creaming Curve
        • Table India, Recent Exploration Wells(OALP Bid Round-III)
    • Q2 2019 Open Bid Rounds
      • Table Asia, Open Bid Rounds, Arranged By Bid Due Date
      • China
        • Table 2018 Offshore Bidding Round Overview
      • Philippines
        • Table Philippine Conventional Energy Contracting Programme (PCECP) Round Blocks
        • Table Figure 71: Philippines, Map of Philippine Conventional Energy Contracting Programme (PCECP) Round
        • Table Figure 72: Philippines, State Take Comparison - Regional Peers
        • Table Figure 73:Philippines, Recent Bid Round Results*
        • Table Figure 74: Philippines, Licensed Blocks By Company
        • Table Philippines, Recent Exploration Wells
    • Upcoming Bid Rounds
      • Table Asia, Upcoming Bid Rounds
      • Bangladesh
      • India
      • Myanmar
      • Pakistan
      • Sri Lanka
      • Timor-Leste
      • Thailand
  • Caribbean
    • Q2 2019 Closing Bid Rounds
      • Table Caribbean, Closing Bid Rounds, Arranged By Bid Due Date
      • Trinidad and Tobago
        • Table Shallow water Competitive Bid Round 2018 Overview
        • Table Figure 75: Trinidad and Tobago, Map of Shallow water Competitive Bid Round 2018
        • Table Figure 76: Trinidad and Tobago, State Take Comparison - Regional Peers
        • Table Figure 77: Trinidad and Tobago, Recent Bid Round Results
        • Table Figure 78: Trinidad and Tobago, Licensed Blocks By Company
        • Table Figure 79: Trinidad and Tobago, Basin Creaming Curve
        • Table Trinidad and Tobago, Recent Exploration Wells
    • Q2 2019 Open Bid Rounds
      • Table Caribbean, Open Bid Rounds, Arranged By Bid Due Date
      • Cuba
    • Upcoming Bid Rounds
      • Table Caribbean, Upcoming Bid Rounds
      • Barbados
      • Dominican Republic
      • Trinidad and Tobago
  • Europe
    • Q2 2019 Closing Bid Rounds
      • Table Europe, Closing Bid Rounds, Arranged By Bid Due Date
      • Poland
        • Table 2018 Licensing Round 3 Overview
        • Table Figure 80: Poland, Map of 2018 Licensing Round 3
        • Table Figure 81: Poland, State Take Comparison - Regional Peers
        • Table Figure 82: Poland, Recent Bid Round Results
        • Table Figure 83: Poland, Licensed Blocks By Company
        • Table Figure 84: Poland, Basin Creaming Curve
        • Table Poland, Recent Exploration Wells
      • UK
        • Table 31st Supplementary Offshore Bid Round Overview
        • Table Figure 85: UK, Map of 31st Supplementary Offshore Licensing Round
        • Table Figure 86: UK, State Take Comparison - Regional Peers
        • Table Figure 87: UK, Recent Bid Round Results
        • Table Figure 88: UK, Licensed Blocks By Company
      • Croatia
        • Table 2nd Onshore Licensing Round Overview
        • Table Figure 89: Croatia, Map of 2nd Onshore Licensing Round
        • Table Figure 90: Croatia, State Take Comparison - Regional Peers (2nd Onshore Licensing Round)
        • Table Figure 91: Croatia, Recent Bid Round Results
        • Table Figure 92: Croatia, Licensed Blocks By Company (2nd Onshore Licensing Round)
        • Table Figure 93: Croatia, Basin Creaming Curve
        • Table Croatia, Recent Exploration Wells (2nd Onshore Licensing Round)
    • Q2 2019 Open Bid Rounds
      • Table Europe, Open Bid Rounds, Arranged By Bid Due Date
      • Croatia
        • Table 3rd Onshore Licensing Round
        • Table Figure 94: Croatia, Map of 3rd Onshore Licensing Round
        • Table Figure 95: Croatia, State Take Comparison - Regional Peers
        • Table Figure 96: Croatia, Recent Bid Round Results
        • Table Figure 97: Croatia, Licensed Blocks By Company
        • Table Croatia, Recent Exploration Wells
    • Upcoming Bid Rounds
      • Table Europe, Upcoming Bid Rounds
      • Denmark
      • Faroe Islands
      • Montenegro
      • Norway
      • Poland
      • UK
  • Former Soviet Union
    • Q2 2019 Closing Bid Rounds
      • Table Former Soviet Union, Closing Bid Rounds, Arranged By Bid Due Date
      • Georgia
        • Table 2019 Open International Tender Overview
        • Table Figure 98: Georgia, Map of 2019 Open International Tender
        • Table Figure 99: Georgia, State Take Comparison - Regional Peers
        • Table Figure 100: Georgia, Recent Bid Round Results
        • Table Figure 101: Georgia, Licensed Blocks By Company
        • Table Figure 102: Georgia, Basin Creaming Curve
        • Table Georgia, Recent Exploration Wells
      • Ukraine
        • Table Second Electronic Auction Round 2019, Overview
        • Table Figure 103: Ukraine, Map of Second Electronic Auction Round 2019
        • Table Figure 104: Ukraine, State Take Comparison - Regional Peers (Second Electronic Auction Round 2019)
        • Table Figure 105: Ukraine, Recent Bid Round Results
        • Table Figure 106: Ukraine, Licensed Blocks By Company
        • Table Figure 107: Ukraine, Basin Creaming Curve (Second Electronic Auction Round 2019)
        • Table Ukraine, Recent Exploration Wells (Second Electronic Auction Round 2019)
        • Table PSA Tender Round 2019, Overview
        • Table Figure 108: Ukraine, Map of PSA Tender Round 2019
        • Table Figure 109: Ukraine, State Take Comparison - Regional Peers
        • Table Figure 110: Ukraine, Recent Bid Round Results (PSA Tender Round 2019)
        • Table Figure 111: Ukraine, Licensed Blocks By Company (PSA Tender Round 2019)
        • Table Figure 112: Ukraine, Basin Creaming Curve(PSA Tender Round 2019)
        • Table Ukraine, Recent Exploration Wells (PSA Tender Round 2019)
        • Table PSA Offshore Round 2019, Overview
        • Table Figure 113: Ukraine, Map of PSA Offshore Round 2019
        • Table Figure 114: Ukraine, State Take Comparison - Regional Peers
        • Table Figure 115: Ukraine, Recent Bid Round Results
        • Table Figure 116: Ukraine, Licensed Blocks By Company (PSA Offshore Round)
        • Table Figure 117: Ukraine, Basin Creaming Curve
        • Table Ukraine, Recent Exploration Wells (PSA Offshore Round)
        • Table Third Electronic Auction Round 2019, Overview
        • Table Figure 118: Ukraine, Map of Third Electronic Auction Round 2019
        • Table Figure 119: Ukraine, State Take Comparison - Regional Peers
        • Table Figure 120: Ukraine, Recent Bid Round Results
        • Table Figure 121: Ukraine, Licensed Blocks By Company (Third Electronic Auction Round 2019)
        • Table Figure 122: Ukraine, Basin Creaming Curve(Third Electronic Auction Round 2019)
        • Table Ukraine, Recent Exploration Wells
    • Upcoming Bid Rounds
      • Table Former Soviet Union, Upcoming Bid Rounds
      • Georgia
      • Russia
  • Middle East
    • Q2 2019 Closing Bid Rounds
      • Table Middle East, Closing Bid Rounds, Arranged by Bid Due Date
      • Oman
        • Table 2019 Round Overview
        • Table Figure 123: Oman, Map of 2019 Round
        • Table Figure 124: Oman, State Take Comparison - Regional Peers
        • Table Figure 125: Oman, Recent Bid Round Results
        • Table Figure 126: Oman, Licensed Blocks By Company
        • Table Figure 127: Oman, Basin Creaming Curve
        • Table Oman, Recent Exploration Wells
      • Israel
        • Table 2nd Offshore Bid Round Overview
        • Table Figure 128: Israel, Map of 2nd Offshore Bid Round
        • Table Figure 129: Israel, State Take Comparison - Regional Peers
        • Table Figure 130: Israel, Recent Bid Round Results
        • Table Figure 131: Israel, Licensed Blocks By Company
        • Table Figure 132: Israel, Basin Creaming Curve
        • Table Israel, Recent Exploration Wells
    • Q2 2019 Open Bid Rounds
      • Table Middle East, Open Bid Rounds, Arranged By Bid Due Date
      • Lebanon
        • Table 2nd Offshore Licensing Round, Overview
        • Table Figure 133: Lebanon, Map of 2nd Offshore Licensing Round
        • Table Figure 134: Lebanon, State Take Comparison - Regional Peers
        • Table Figure 135: Lebanon, Recent Bid Round Results*
        • Table Figure 136:Lebanon, Licensed Blocks By Company
        • Table Figure 137: Lebanon, Basin Creaming Curve
    • Upcoming Bid Rounds
      • Table Middle East, Upcoming Bid Rounds
      • United Arab Emirates
  • North America
    • Q2 2019 Closing Bid Rounds
      • Table North America, Closing Bid Rounds, Arranged by Bid Due Date
      • US
        • Table Figure 138: US, State Take Comparison - Regional Peers (Alaska Peninsula Areawide 2019)
        • Table Figure 139: US, State Take Comparison - Regional Peers (Cook Inlet Areawide 2019W)
      • Canada
        • Table NS18-3 Overview
        • Table Figure 140: Canada, Map of NS18-3
        • Table Figure 141: Canada, State Take Comparison - Regional Peers (NS18-3)
        • Table Figure 142: Canada, Recent Bid Round Results (NS18-3)
        • Table Figure 143: Canada, Licensed Blocks By Company (NS18-3)
        • Table Canada, Recent Exploration Wells (NS18-3)
    • Q2 2019 Open Bid Rounds
      • Table North America, Open Bid Rounds, Arranged By Bid Due Date
      • US
        • Table Lease Sale 253 Overview
        • Table Figure 144: US, State Take Comparison - Regional Peers
      • Canada
        • Table Figure 145: Canada, State Take Comparison - Regional Peers (NL18-CFB03 (Amended))
        • Table NL19-CFB01 Overview
        • Table Figure 146: Canada, Map of NL19-CFB01
        • Table Figure 147: Canada, State Take Comparison - Regional Peers (NL19-CFB01)
        • Table Figure 148: Canada, Recent Bid Round Results (NL19-CFB01)
        • Table Figure 149: Canada, Licensed Blocks By Company (NL19-CFB01)
        • Table Canada, Recent Exploration Wells (NL19-CFB01)
        • Table NL19-CFB02 Overview
        • Table Figure 150: Canada, Map of NL19-CFB02
        • Table Figure 151: Canada, State Take Comparison - Regional Peers
        • Table Figure 152: Canada, Recent Bid Round Results
        • Table Figure 153: Canada, Licensed Blocks By Company
        • Table Canada, Recent Exploration Wells
    • Upcoming Bid Rounds
      • Table North America, Upcoming Bid Rounds
      • Canada
      • US
  • Oceania
    • Upcoming Bid Rounds
      • Table Oceania, Upcoming Bid Rounds
      • Australia
      • New Zealand
  • South America
    • Q2 2019 Open Bid Rounds
      • Table South America, Open Bid Rounds, Arranged by Bid Due Date
      • Colombia
        • Table PPAA (Permanent Process Allocation Areas) 2019 Round Overview
        • Table Figure 154: Colombia, Map of PPAA (Permanent Process Allocation Areas) 2019
        • Table Figure 155: Colombia, State Take Comparison - Regional Peers
        • Table Figure 156: Colombia, Recent Bid Round Results
        • Table Figure 157: Colombia, Licensed Blocks By Company
        • Table Figure 158: Colombia, Basin Creaming Curve
        • Table Colombia, Recent Exploration Wells
      • Brazil
        • Table 16th Bidding Round Overview
        • Table Figure 159: Brazil, Map of 16th Bidding Round
        • Table Figure 160: Brazil, State Take Comparison - Regional Peers (16th Bidding Round)
        • Table Figure 162: Brazil, Licensed Blocks By Company (16th Bidding Round)
        • Table Figure 161:Brazil, Recent Bid Round Results
        • Table Figure 163: Brazil, Basin Creaming Curve (16th Bidding Round)
        • Table Brazil, Recent Exploration Wells (16th Bidding Round)
        • Table Onerous Assignment Excess Volumes Round, Overview
        • Table Figure 164: Brazil, Map of Onerous Assignment Excess Volumes Round
        • Table Figure 165: Brazil, State Take Comparison - Regional Peers
        • Table Figure 167: Brazil, Licensed Blocks By Company
        • Table Figure 166: Brazil, Recent Bid Round Results
        • Table Figure 168: Brazil, Basin Creaming Curve
        • Table Brazil, Recent Exploration Wells
    • Upcoming Bid Rounds
      • Table South America, Upcoming Bid Rounds
      • Argentina
      • Brazil
      • Ecuador
      • Guyana
      • Peru
  • Appendix
    • Methodology
      • Coverage
      • Secondary Research
    • Contact Us
    • Disclaimer

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