Country Report

Nepal upstream summary

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Licensing round 2024: The Government of Nepal invited international and national oil companies to bid for petroleum exploration opportunities in May 2024. They offered Exploration Block 4 (Lumbini) and Block 5 (Chitwan) in southern Nepal. The prospective areas encompassed parts of the Terai plains and Siwalik foothills, regions known for their sedimentary basins suitable for petroleum exploration. To encourage investments, the government offered production sharing contracts (PSCs) with ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Introduction
    • Licensing
      • First Licensing Rounds
      • 1997 Licensing Round
      • Cairn Energy Award (2004)
      • Cairn Acquisition of Blocks 3 and 5
      • 2024 Licensing Round
    • India
    • Drilling
      • Drilling activity
      • Oil and Gas Seeps
      • Early Surveys
      • Nepal Government Drilling
      • Shell Drilling Activity
      • Additional Surveys
      • Recent Drilling Activity
    • Indian Activity
      • ONGC wells (1960-1990)
      • Oil India drilling (1998)
      • ONGC-Cairn drilling (2006-2008)
  • Reserves and resources
    • Oil/liquids
      • Oil Imports
    • Introduction
    • Key legislation
    • Regulatory body
    • State participation
    • Licensing
      • Type of Contract
      • Exploration Term
      • Production Term
      • Work Commitment
      • Relinquishment
    • Current fiscal terms
      • Royalty
      • Cost Recovery
      • Production Sharing
      • Taxation
      • Government Participation
      • Bonuses
      • Domestic Supply
      • Indirect Taxes
      • 6 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Country map
  • Stratigraphic Column of the Terai Plain
  • Sedimentary basin map
  • Map of active licences
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • Fiscal terms: Table 4
  • Fiscal terms: Table 5
  • Fiscal terms: Table 6

What's included

This report contains:

  • Document

    Country Overview

    PDF 2.67 MB

  • Document

    Country Overview

    XLS 381.50 KB