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BLOG Jan 13, 2022

South Sudan licensing round to open in early 2022 – An overview of first blocks on offer

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Cristina Tome

This year, South Sudan will experience its most important E&P event since independence in 2011: the first Licensing Round with 14 blocks on offer. Round 1 (of three), will open in the early part of 2022. The initial five blocks on offer are unexplored, but available geological data suggest that a fair petroleum system might exist in the Late Cretaceous formations. The blocks are located in the southern extension of the Muglad Basin, which currently produces approximately 100,000 bo/d.

Consulting firm Petro-Tec has a directive by the Ministry of Petroleum to promote the 2022 Licensing Round. In this IHS Markit video session, its Managing Director, Omar Abu-Elbashar, gives us an overview of the first five blocks offered.

In a follow-up Q&A video available only to GEPS subscribers, Omar talks with Cristina Tomé, Associate Director for African Regional Research, about the details of the round.

Posted 13 January 2022 by Cristina Tome, Technical Research Associate Director, Upstream Energy, S&P Global Commodity Insights


This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
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