The Niger Republic Ministry of Oil is offering 36 open blocks on an open-door policy.  The open blocks were:           Niger Open Blocks              Main Basin Name         Block Name         Block Sqkm             Tahoua Depression         Tarka         43,313             Iullemmeden Basin         Dallol         41,579             Iullemmeden Basin         Tadarast         39,972             Iullemmeden Basin         Tounfalis         37,846             Chad Basin         Homodji         33,123             Iullemmeden Basin         Tegama         32,193             Iullemmeden Basin         Ader         31,174             Iullemmeden Basin         Yaris         30,696             Djado Basin         Karama         30,357             Iullemmeden Basin         Talak         30,120             Chad Basin         Damagaram         29,680             Chad Basin)         Dibella 2         29,634             Chad Basin         Araga         28,196             Iullemmeden Basin         Azawak         27,860             Iullemmeden Basin         Irhazer         25,758             Iullemmeden Basin         Tamesna         25,435             Chad Basin         Aborak         24,760             Chad Basin         Seguedine         22,570             Chad Basin         Tenere Ouest         22,367             Chad Basin         Tafassasset         21,815             Djado Basin         Tchigai         21,166             Chad Basin         Mandaram         21,005             Chad Basin         Dibella 1         20,418             Djado Basin         Dissilak         19,924             Chad Basin         Achegour         17,012             Tenere Rift - Chad Basin         Tenere Ouest         16,975             Chad Basin         Grein         16,010             Chad Basin         Bilma Est         14,276             Djado Basin         Djado 1         13,974             Djado Basin         Djado 2         12,520             Chad Basin         Manga 1         12,274             Djado Basin         Djado 4         11,982             Chad Basin         Manga 2         11,712             Djado Basin         Djado 3         11,240             Termit Trough - Chad Basin         R5         2,710             Termit Trough - Chad Basin         R6         2,375             Source: IHS Markit            Â© 2019 IHS Markit        Â   The Ministry of Energy and Petroleum updated its Petroleum Code in 2017 and offers a contractual relationship under PSCs. Exploration permits are granted for up to four years with the option to renovate twice up to a total of eight years. In the event of a discovery, two more years can be granted for further exploration. Following each renewal, half of the area must be relinquished. Production contracts are issued for an initial period of 25 years for oil and 30 years for gas development with a renewal period of 10 years.  According to the Ministry in March 2019, the cost of exploration, development and productions is estimated at USD 18/bbl.
The Niger Republic Ministry of Oil is offering 36 open blocks on an open-door policy. 