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19 Pages

India Cambay exploration basin


India Cambay exploration basin

Report summary

The Cambay Basin is an oil-prone basin located in northwest India. It offers some of the lowest full-cycle breakeven prices and highest returns in the industry, thanks to an extensive network of infrastructure and a prevailing focus on near-field exploration.

Exploration can be divided into two: the extensively drilled and very mature Gujarat region, and the emergent Rajasthani province, which was proven in 2002 following Cairn Energy's play-opening Raageshwari discovery.

India offers favourable fiscal terms for exploration, with full-cycle government take of < 60% in our outlook models. The newly introduced Hydrocarbon Exploration and Licensing Policy includes a new revenue sharing contract structure which aims to reduce regulatory oversight and bureaucracy and provide greater pricing freedom. Together with new open acreage licensing, it aims to stimulate interest in the upstream sector.

This report analyses, costs, volumes and economics. It is accompanied by multiple excel downloads.


What's included?

This report includes 2 file(s)

  • India Cambay exploration basin PDF - 603.59 KB 19 Pages, 14 Tables, 17 Figures
  • India Cambay.zip ZIP - 3.64 MB

Description

Oil and gas exploration is an industry in constant motion, from technological breakthroughs to shifting supply and demand. The high costs of finding and developing new oil and gas fields that can be commercially developed has created a challenging atmosphere, with explorers increasingly seeing low returns, low value and slow progress.

This Exploration Basin report provides a detailed analysis of exploration of this basin, including discovery and development costs, location maps and information about licensing and fiscal terms. You'll also find information about discovery and development costs and full-cycle returns.

Explorers and advisors can use this report to understand the history and potential value of this basin.

Wood Mackenzie has access to historic data for over 450 basins and forecasts for more than 125 basins. We provide accurate information on the cost of exploration compared to the value of discoveries so that you can develop profitable strategies.

Our in-depth analysis gives you the information you need to navigate the ever-changing challenges of oil and gas exploration so you can make critical commercial decisions.

  • Key facts
  • Summary and key issues
    • Key issues include:
  • Location maps
  • Participation
  • Geology
    • Key play characteristics
  • Exploration
    • Wells drilled and success rates
  • Reserves and resources
    • Volumes discovered
    • Yet-to-find potential
      • Play creaming curve and key play data
  • Development
    • Yet-to-find costs and underlying development assumptions
      • Gujarat Tertiary
      • Rajasthan Tertiary
  • Costs
  • Fiscal and regulatory
    • Licensing
    • Fiscal terms
  • Economic analysis
    • TYP and outlook economics
      • Prospect economics
        • Gujarat Tertiary
        • Rajasthan Tertiary
      • Expected monetary value
    • Full cycle basin economics

In this report there are 31 tables or charts, including:

  • Key facts
    • Key play data
    • Assumptions
    • Price assumptions
  • Summary and key issues
    • Value creation versus investment (TYP period)
    • Value creation versus investment (outlook)
    • Commerciality index
  • Location maps
    • Exploration wells by play
  • Participation
    • Licensed exploration acreage
    • Expiry forecast of current licences
  • Geology
    • Geology: Table 1
  • Exploration
    • Drilling activity by well type
    • Discoveries and success rate
  • Reserves and resources
    • Top discoveries (TYP period)
    • Gujarat Tertiary
    • Reserves and resources: Table 2
    • Rajasthan Tertiary
    • Reserves and resources: Table 3
  • Development
    • Development: Table 1
    • Development: Table 2
  • Costs
    • Summary of discovery and development costs
    • Exploration and appraisal spend
  • Fiscal and regulatory
    • Typical fiscal terms
  • Economic analysis
    • TYP value creation, spend and volume discovered
    • Outlook value creation, spend and YTF volume
    • Unit value of potential discoveries
    • Prospect breakeven prices
    • Unit value of potential discoveries
    • Prospect breakeven prices
    • Gujarat Tertiary
    • Rajasthan Tertiary
    • Full cycle economic analysis
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