Asia Pacific holds under-explored areas with potential for large oil and gas discoveries. Although regulatory and fiscal policy issues continue to hamper development in the region, and access to infrastructure is preventing otherwise sound-looking opportunities, there is a sweet-spot to be found for those keen to secure blocks.
With oil and gas exploration in Asia Pacific falling in line with global trends, where are the opportunities for counter-cyclical investors and is the downward trend set to reverse?
Discover the exploration blocks to watch in Asia Pacific
Using EV², PetroView® and the Upstream Data Tool, we've identified over 100 blocks awarded over the last five years where no drilling has taken place. We've also compared yet-to-find (YTF) volumes and expected monetary value (EMV) at block level, looked at farm-out activity, existing oil and gas discoveries and current platform, pipeline and downstream infrastructure.
From 129 blocks, we've narrowed it down to five potential farm-in opportunities in Indonesia, Thailand, Malaysia and Australia.