Concession Data
The Concession database contains over 50,000 concession contracts with some 70,000 different blocks. About half of these concessions are historical ones, an important aspect of the database. Not only is the current acreage position with an operator important but the entire history and analysis of success of operations. All different stages from application and award to partial relinquishment with all company interest changes are recorded in the database. This is the only database that can go back a hundred years to reveal the real success in an area.
The example below shows the major changes in the concession acreage during the last ten years. The map to the left shows the 2008 concession situation, the central map the concession situation in 1998, and the map to the right the acreage in which company A had an interest in 1998 (operated or not).
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Information on the some 35,000 companies includes not only operating companies but all participating companies with local subsidiaries in E&P concessions. This is important as many companies operate under different subsidiaries in various countries. As company merge or are acquired by other companies, it is of paramount importance to understand the exact company structure and interests (E.g., to evaluate the reserves or production history of a parent company).
The example below shows a consortium of companies in Egypt. The operator name of The Egyptian Petroleum Development Company did not give the exact reserves a specific company would have in an area. For analysis of any farm-out offer, this detailed information is critical and unreliable information could lead to wrong decisions.
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