Asia-Pacific upstream 2017 in review: operators lean, governments mean, explorers not keen
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive summary
-
Exploration and licensing
- Fewer blocks on offer, with focus on shallow water
- High-risk frontier basins shunned, near-field or infrastructure preferred
- A dearth of discoveries and NOCs made most of them
- Smaller discoveries with low-cost monetisation option
-
Development
- Deepwater gas progress
- Rocky start to greenfield LNG projects, but backfill option progresses
- Australia’s domestic gas market had a tumultuous year
- Effect on supply-demand gap
-
Corporate
- Mixed success for Majors on asset disposals
- NOCs remained active in the M&A market
- Opportunities for regional players
-
Fiscal
- Few regional changes – 2017 dominated by Indonesia’s Gross Split
Tables and charts
This report includes the following images and tables:
- Licence awards by country 2013-2017
- E&A drilling activity 2013-2017
- Upstream capital expenditure 2016-2018
- Announced M&A spend by resource theme 2013-2017
- 2017 net Asia Pacific buyers/sellers
- Top 10 discoveries in 2017
- 2017 discovered resources by country
- Australia domestic gas supply and demand 2017-2025
What's included
This report contains:
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