Upstream · worldwide · issue 03

Acreage

Know where the ground is moving before you commit a bid team.

Global licensing intelligence across oil & gas, CO2 storage and geothermal.

The register

Licensing rounds, deadlines, regulator sources and dated changes across oil & gas, CO2 storage and geothermal.

Acreage Intelligence

Source-backed terms, awards, subsurface data and analysis of what each opportunity involves.

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Where the ground is

When the doors shut

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Open and rolling

Open or rolling as last verified, sorted by published closing date. Check each entry’s verification date and flags: a rolling regime does not guarantee that a particular block is available. Use the resource filter for oil & gas, CO2 storage or geothermal.

Announced, no dates

Governments and NOCs have committed publicly but published no block list or deadline. Several of these have slipped repeatedly — Tanzania's fifth round has been imminent since early 2025.

Closed for business

The half of this map nobody publishes. A moratorium, a ban or an abolished regulator is as decisive for a new-ventures screen as an open round — and far harder to find out about, because nothing gets announced when nothing happens.

Recently closed and awarded

What happened to the acreage, and what came back. Unawarded blocks return to the basket and reappear on revised terms — Libya is relaunching seventeen, Nigeria thirteen.

Free and paid · the same Indonesia round

Same round. Two levels of detail.

Compare the free entry with an extract from Acreage Intelligence for Indonesia’s 2026 Bid Round Phase II. Both use the same regulator publications; the paid version organises the research for screening and comparison.

The register

Find and follow the round

Indonesia · 2026 Bid Round Phase II

The free record includes source notes, which can mention individual terms. Intelligence brings the terms into dedicated fields, area-by-area comparisons and separate analysis.

Paid · Acreage Intelligence

Assess what entry involves

Indonesia · 2026 Bid Round Phase II

Everything in the free entry, plus the structured research below. Extract checked 27 September 2026.

Minimum signature bonus

US$200,000 per area. This is the published minimum bonus; the work commitment is a separate obligation.

Contract choice

Cost recovery on six areas. Talu and Leti Selatan offer a choice of cost recovery or gross split.

Seven direct offers

Bid documents available 17 September–31 October 2026. Submissions close 2 November 2026.

One regular tender

Leti Selatan follows a separate timetable: document access and submissions run to 14 January 2027.

Compare the work commitments across all eight areas

What each area requires

Published minimum firm commitments for the first three years include a geological and geophysical study, plus the work below.

Indonesia Phase II: area sizes, entry routes, contracts and minimum work
AreaSize (km²)Route / contractMinimum work beyond the study
Jago8,487.61Direct offer · cost recovery500 km² of 3D seismic
Mahesa9,145.66Direct offer · cost recovery1,000 line-km of 2D seismic
Rafflesia9,027.74Direct offer · cost recovery1,000 line-km of 2D seismic
Belibis4,860.47Direct offer · cost recoveryOne exploration well
Talu4,676.26Direct offer · cost recovery or gross split500 km² of 3D seismic
Manta8,498.81Direct offer · cost recovery1,000 line-km of 2D seismic
Palu7,912.78Direct offer · cost recovery300 line-km of 2D seismic
Leti Selatan11,226.09Regular tender · cost recovery or gross split250 km² of 3D or 1,000 line-km of 2D seismic

Data access and the remaining gap

Registration is through the ministry’s WK Migas portal. The offer includes Migas Data Repository access, but the announcement gives no existing seismic or well coverage figures per area. The work commitments above are new obligations, not an inventory of available data.

What this changes in your screen

Acreage’s reading: the same minimum bonus covers very different work obligations. Belibis needs a drilling assessment; the seismic areas need acquisition budgets. Talu and Leti Selatan also need a comparison of contract options. Leti Selatan remains on a later timetable.

Source: Direktorat Jenderal Migas, Phase II announcement, 17 September 2026. Extract from the record checked 27 September; verify current terms and dates in the tender documents. Published requirements and Acreage’s interpretation are distinguished above.

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Choose the depth you need

The register and Acreage Intelligence

The register helps you find and follow opportunities. The paid research helps you assess the terms, evidence and outstanding questions before committing more time.

Questions answered by the register and paid Acreage Intelligence
What do you need to know?FreePaid
Intelligence
Where can I look, and when? Rounds, deadlines and regulator linksIncludedIncluded
What changed, and where is access restricted? Maps, closed jurisdictions and dated changesIncludedIncluded
What would entry commit us to? Published terms, fees and work commitments—Included
Who won, and what still has to happen? Awards, bidders and outstanding conditions—Included
Is there enough data to assess this? Published subsurface coverage and access—Included
What is happening before a round opens? Dated documents and procurement sources—Included
Who is already there? Recorded incumbency and entry history—Included
What deserves a closer look? Bid criteria, unsold acreage and entry-cost analysis—Included

Research depth varies by entry. Published facts, source gaps and derived analysis are labelled separately. “Included” describes the coverage available in each version, not a complete record for every round.

Spend less time checking. Know what deserves a closer look.

Acreage brings scattered regulator documents into a source-linked record. Use it to shortlist opportunities, spot missing information and focus the next piece of research.

Exploration & new ventures

Screen acreage, compare published commitments and identify the questions to resolve before assigning a bid team.

Subsurface & data companies

Follow licensing plans and technical activity to prioritise market research, studies and business-development conversations.

Advisers & consultants

Build a sourced starting point for client briefings and track changes across the countries they follow.

Investors & analysts

Distinguish announced opportunities from open rounds and follow what remains outstanding after an award.

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Sourcing

Regulator-published Trade press or conference only Sources conflict

Every entry links to the source it came from. Where a regulator has published nothing and the round exists only in a ministerial statement at a conference, that is marked — because "announced at AEW" and "biddable to a published deadline" are not the same thing, and treating them as equivalent is how a screening exercise wastes a quarter.

Two entries carry active contradictions in their published sources. Kazakhstan's twelfth round shows an auction date falling before its own application deadline. Algeria's block count is reported as seven perimeters by three sources and twenty-four by a fourth. These are flagged rather than silently resolved. Bangladesh was a third until Petrobangla's own Invitation for Bid was located and enumerated the blocks — twenty-six, not twenty-seven. That is what this publication is for.

Compiled from primary regulator publications where they exist, and trade press where they do not. Dates are as published and move frequently — India's OALP-X deadline was extended four times. Verify against the regulator before committing capital or a bid team.