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Ministry of Energy and Mines of the Dominican Republic and Wood Mackenzie have announced first licensing round

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Oilfield Technology,


The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round is to open at an event in Houston on 10 July 2019, closing in December 2019. The Ministry is offering 14 blocks, a combination of on- and offshore.

Ministry of Energy and Mines of the Dominican Republic and Wood Mackenzie have announced first licensing round

Seismic data for the Enriquillo, San Juan and Cibao Basins is held by the Ministry of Energy and Mines of the Dominican Republic, and recent surface and seismic stratigraphic mapping has clarified the geological story of the area. The existing seismic data identifies undrilled prospects in the Enriquillo basin.

All information is public and available here.

Blocks on offer:


  • Cibao Basin – 6 onshore blocks
  • Enriquillo Basin – 3 onshore blocks
  • Azua Basin – 1 onshore block
  • San Pedro Basin – 4 offshore blocks

 

The roadshow will take place on 10 July 2019, at the Hyatt Regency, 2626 Sage Road, Houston, Texas, US.

The presentations will provide an opportunity to review and discuss the exploration opportunities, the contractual and fiscal terms, and the legal framework for upstream petroleum activities in the Dominican Republic. There will also be opportunities to meet privately with the Ministry over the following two days.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/07062019/ministry-of-energy-and-mines-of-the-dominican-republic-and-wood-mackenzie-have-announced-first-licensing-round/

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Upstream drilling news Upstream project news