Chad Oil and Gas Report - Business Monitor International - Industry Reports

Chad Oil and Gas Report

Chad Oil and Gas Report - Business Monitor International - Industry Reports
Chad Oil and Gas Report
Published Aug 30, 2016
64 pages — Published Aug 30, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Swiss-Anglo mining giant Glencore has brought a number of fields online over the last year. The company completed and commissioned the Badila field in Southern Chad in November ----, although first oil from the field was already produced at end-----. ...The company completed a ---sq km -D seismic programme over the Belanga oil discovery and a --sq km programme over the M Biku oil discovery. United commenced its drilling programme in January ---- and by May ---- had drilled three wells resulting in two successful oil wells (a development well at Belanga--A and an exploration well at Belanga North--) and one dry hole (Toura-- exploration well). The well is currently producing at the rate of --,---b/d. BMI believes that the consortium of Esso, Petronas and the Chadian government, as well as CNPC, will make efforts in drilling new wells in their respective licence regions: the Doba field and

...Consumption for refined fuels is set to increase throughout our forecast period at an average annual rate of - y-o-y. Chad s refined fuel consumption starts from a low base, with the majority of demand coming from the electricity sector. ...The exploratory programs include a range of surveys and exploration drilling. Glencore maintains its position regarding a limited drilling campaign, waiting for a more favourable price environment to maximise the commercial potential of its resource base. We expect oil production to rise in ---- and ---- as output ramps up from the fields that were brought online in ----. ...Crude exports will increase up to ----, before declining alongside the fall in production.

...BMI View: The ramping up of production from Glencore and China National Petroleum Corporation s new fields will support production increases in ---- and ----. Post----- there will be a gradual decline in output as a poor project pipeline is unable to offset the falling production rates at the mature Doba field. ...Post----- there will be a gradual decline in output as a poor project pipeline is unable to offset the falling production rates at the mature Doba field. Despite large proven reserves and pipeline infrastructure in place, BMI believes that the poor business environment and extraction problems that the consortium is facing will discourage further foreign investment in Chad. Throughout our forecast period, Chad will remain a net exporter of refined fuels and crude oil. ...

  
Source:
Document ID
2058-0738
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Chad Oil and Gas Report" Aug 30, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Chad-Oil-and-Gas-Report-2026-1744>
  
APA:
Business Monitor International - Industry Reports. (2016). Chad Oil and Gas Report Aug 30, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Chad-Oil-and-Gas-Report-2026-1744>
  
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