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Open Oil Concession Map

OpenOil has collected oil concession data from all continents as a contribution to what holds the potential to revolutionise natural resource management across the globe: an open data framework around the extractive industries. All data come from authoritative sources: government or the companies.

Financial Modelling Program

Open financial models are the natural next stage of extractives governance. We are running a free mentoring program to develop financial models of upstream oil, gas and mining projects, with the aim of creating a worldwide network of practitioners from civil society, government or private sector. Interested? Contact us!

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OpenOil is developing open data systems around corporate relations in the oil, gas and mining industries. Using interoperable data formats, clear editorial standards, and drawing on public domain data, OpenOil creates network graphs of companies, executives, assets, and the relationships between all of them.

Recent Blog Posts (Read all Posts)

Modelling of Tullow’s Turkana in Kenya shows the economics are still not locked in

on December 13, 2018 · Leave a Comment 

A financial model of Tullow’s Turkana project in Kenya has yielded several interesting results: first, that Turkana county and the local community will receive hundreds of millions of dollars before any cap set by central government would kick in; second, that although the national oil company has a back-in right of 20% in the project, more »

What’s the deal? Evolving practices in contract transparency

on June 18, 2018 · Leave a Comment 

Event: June 28, 2018, Conference Centre of the Ministry of Economic Affairs and Energy (BMWi), Invalidendstarsse 48, Berlin The Contract transparency landscape within EITI is changing fast. More than half of EITI member countries have disclosed extractive industry contracts and 16 EITI supporting companies have now made statements supporting publication in some form. In the last more »

Guyana’s oil deal is outlier low: government takes just over half

on March 15, 2018 · Leave a Comment 

FAST-Compliant Financial Model   Stabroek Narrative Report Guyana’s first and major oil deal, with ExxonMobil, produces results for the government which are outlier low, an OpenOil financial model reveals. Over the life of the project the government should expect to see from 52% to 54% of profits, compared to well over 60% in a cluster more »

Recent Twitter Posts (Follow us @open_oil)

OpenOil @Open_Oil
RT @ali_readhead: New open source financial model to help governments estimate the #revenue forgone from #mining #tax #incentives, includin…
OpenOil @Open_Oil
RT @InVhestia: We built a financial model of Kenya's Turkana Oil project together with @Open_Oil and have published the report
OpenOil @Open_Oil
RT @NHBranson: "The commercial logic of the #Turkana oil project is still not locked in. From the investor perspective, there are still two…