Country Report
Nicaragua upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Nicaragua is a Central American country located between Honduras and Costa Rica. It has no oil or gas reserves and is completely reliant on imports to meet its hydrocarbon demand. Although the first exploration well was drilled in 1930, the country is underexplored. Just a few dozen wells have been drilled, mostly offshore in the Sandino basin (on the Pacific side of the country) and the Miskito basin (on the Caribbean side). In addition to the state oil company, Petróleos de ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Introduction
-
Miskito basin
- Reservoir
- Source
- Traps
- Seal
-
Sandino basin
- Reservoir
- Source
- Traps
- Seal
-
Exploration
-
Licensing
- First licensing round
- Second licensing round
- Equinor acreage
-
Drilling
- Drilling activity
-
Licensing
- Reserves and resources
-
Production
- Oil/liquids
- Gas
-
Infrastructure
-
Oil infrastructure
- Possible inter-ocean canal
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Oil infrastructure
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
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International boundaries
- Border dispute with Costa Rica
- Border dispute with Colombia
- Licensing
- Pipelines and storage
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Fiscal terms
- Overview
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Current fiscal terms
- Royalties
- Area fees
- Corporate Income Tax
- Other taxes
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Product pricing
- Liquids pricing
- Gas pricing
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Sample cash flow
- Methodology
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Country Map
- Net Acreage 2025
- Map of Basins
- Fiscal terms: Table 3
- Geology: Image 2
- Map of blocks and exploration wells drilled
- Exploration Drilling
- Infrastructure: Table 1
- Fiscal terms: Table 1
- Fiscal terms: Table 2
What's included
This report contains:
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