Chad Oil and Gas Upstream Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Resource Type (Oil and Natural Gas)

Market Snapshot

Chad Oil and Gas Upstream Market - Summary
Study Period: 2016 - 2026
Base Year: 2020
CAGR: >0.19 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The market for oil and gas upstream in Chad is expected to grow at a CAGR of more than 0.19% during the forecast period of 2020 – 2025. Factor such as increasing exploration is expected to increase the growth of the Chad oil and gas market during the forecast period. However, attacks on the supply chain by militants in the country are impeding growth in the entire oil and gas sector.

  • Oil is the most important export commodity in the country. The production of natural gas in the country is meager, and most of the export in the country is accounted for by the export of oil. The oil is expected to keep dominating the market in the forecast period.
  • Increased governmental and private push into investment in the sector may lead to an increase in the production of oil and create an opportunity for companies in the industry.
  • Decreasing oil production in the country is expected to restrain the market in the forecast period. Many oil fields in the country have reached maturity, and production is expected to gradually decline from these oil fields.

Scope of the report

Chad oil and gas upstream market report include:

Resource Type
Oil
Natural Gas

Report scope can be customized per your requirements. Click here.

Key Market Trends

Oil to Dominate the Market

  • As of 2018, Chad held an estimated 1.5 thousand million barrels of proved crude oil reserves. All of the country's proved oil reserves are held onshore because Chad is a landlocked country.
  • Chad oil fields produce Doba type crude oil that has an average API of 25.3 with very low sulfur content. The quality of oil increases the demand for the oil as it does not require specific refinery to refine the oil.
  • In 2018, the country has negligible production of natural gas owing to small reserves of natural gas in the country.
  • Hence, oil is expected to dominate the market due to being present more in quantity than natural gas.
Crude Oil Reserves

Decreasing Oil Production to Restraint the Market

  • As of 2019, Chad's largest oil fields are mature. Field expansions and recovery techniques have kept the country's old fields at a steady rate of production; however, without additional upstream investment, decline rates are likely to grow, resulting in lower production.
  • Glencore, a large upstream corporation in the country, lost its license for exploration in the country. The government and the corporation could not finalize a deal for a new license. As the finances of the corporation have reduced it seems even less likely that a deal would be finalized in the forecast period.
  • There has been a decrease in oil production by 1.85%, decreasing to 5.3 million tons of oil equivalent (Mtoe) in 2018 from 5.4 Mtoe in 2017. The decrease in production is due to oil fields getting matured.
  • The Chad oil and gas upstream industry is expected to remain stagnant in the forecast period due to a decrease in oil production in the region.
Oil Production-Chad Oil and Gas Upstream

Competitive Landscape

The Chad oil and gas upstream market is consolidated. The major companies include Glencore PLC, Delonex Energy Limited, Petroliam Nasional Berhad, Exxon Mobil Corporation, and Societé des Hydrocarbures du Tchad.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Oil Production and Consumption Forecast in thousand barrels per day, till 2025

    3. 4.3 Key Upstream Projects Information

    4. 4.4 Recent Trends and Developments

    5. 4.5 Government Policies and Regulations

    6. 4.6 Market Dynamics

      1. 4.6.1 Drivers

      2. 4.6.2 Restraint

    7. 4.7 Supply Chain Analysis

    8. 4.8 PESTLE ANALYSIS

  5. 5. MARKET SEGMENTATION

    1. 5.1 Resource Type

      1. 5.1.1 Oil

      2. 5.1.2 Natural Gas

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 Glencore PLC

      2. 6.3.2 Delonex Energy Limited

      3. 6.3.3 Petroliam Nasional Berhad

      4. 6.3.4 Exxon Mobil Corporation

      5. 6.3.5 Societé des Hydrocarbures du Tchad

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Chad Oil and Gas Upstream Market market is studied from 2016 - 2026.

The Chad Oil and Gas Upstream Market is growing at a CAGR of >0.19% over the next 5 years.

Glencore PLC, Delonex Energy Limited, Exxon Mobil Corporation, Societé des Hydrocarbures du Tchad, Petroliam Nasional Berhad are the major companies operating in Chad Oil and Gas Upstream Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!