Indonesia's expiring PSCs: US$10 billion of potential upstream value Report

Insight 21 November 2016

Get this report*

$1,350

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

Over the next decade, 35 PSCs will expire in Indonesia. These licences account for over one million boe/d of production in 2016, with a remaining value of US$10 billion. The lack of clarity on licence extensions and the scale of production at risk, make expiring PSC one of the biggest issues facing Indonesia's upstream sector. We believe it unlikely that PERTAMINA can absorb all these assets. A range of upstream opportunities could therefore be made available, with something for every kind of operator - no matter the size or focus. We group these opportunities into four categories: • Mature project with upside • Enhanced Oil Recovery projects • Late-life assets • Discovered Resource Opportunities We analyse the potential within each category and the type of company that could pursue them. The data behind our analysis is available as a Power BI download, allowing you to dig further into it.