Asset report
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28 Pages

Peru Ucayali exploration basin

Peru Ucayali exploration basin

Report summary

The Ucayali Basin of onshore Peru covers 138,000 km2 of dense Amazon jungle and rugged Andean mountain terrain. It is under-explored, and infrastructure is limited to developments in the extreme north and south of the basin.

The basin is gas prone, and we expect more than 9 tcf of gas (plus 525 mmbbl of associated liquids) to be discovered over the next 20 years. The majority of gas is currently sold to the domestic market for industrial use, with the remainder produced for export via Peru LNG. The sole pipeline feeding into the LNG plant is operating at full capacity and hence half of the volume discovered in the last decade is stranded without access to infrastructure.

Construction of the Southern Gas Pipeline (GSP), designed to connect gas fields in the Camisea region to demand centres in the south, began in 2014, but has suffered significant delays.

This report is accompanied by multiple excel downloads which detail costs, volumes and value.

What's included?

This report includes 2 file(s)

  • Peru Ucayali exploration basin PDF - 13.52 MB 28 Pages, 19 Tables, 32 Figures
  • Peru Ucayali.zip ZIP - 2.48 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
  • Key companies
  • Geology
  • Exploration
    • Wells drilled
    • Basin success rates
  • Reserves and resources
    • Volumes discovered
    • Yet-to-find potential
  • Development
    • Yet-to-find costs and underlying development assumptions
  • Costs
  • Fiscal and regulatory
    • Licensing
    • Fiscal terms
  • Economic assumptions
    • Oil and gas prices
  • Economic analysis
    • TYP economics
    • Outlook economics
    • Development value
      • Cretaceous Gas
    • Prospect breakeven price
      • Cretaceous Gas
    • Expected monetary value (EMV)
    • Play economics
    • Full cycle basin economics
    • Implied acreage value

In this report there are 51 tables or charts, including:

  • Key facts
    • Play level data
    • Key facts: Table 2
  • Summary and key issues
    • Value creation versus investment (TYP period)
    • Value creation versus investment (outlook)
    • Commerciality index
  • Location maps
    • Location maps: Image 1
    • Location maps: Image 2
  • Participation
    • Licensed exploration acreage
    • Expiry forecast of current licences
  • Key companies
    • Key licence holders
    • Key well operators (TYP period)
    • Gross exploration wells completed by operator
    • Net exploration wells completed by participant
    • Company success rates and discoveries
  • Geology
    • Key play characteristics
  • Exploration
    • Drilling activity by well type
    • Cumulative exploration wells by play
    • Discoveries and success rates
    • Discoveries by licence year and drilling year
  • Reserves and resources
    • Reserves and resources: Image 1
    • Reserves and resources: Table 1
    • Reserves and resources: Image 2
    • Reserves and resources: Image 3
    • Reserves and resources: Table 2
    • Reserves and resources: Image 4
    • Reserves and resources: Image 5
    • Forecast data by play (outlook)
    • Reserves and resources: Image 6
    • Reserves and resources: Table 4
    • Cretaceous Gas
    • Cretaceous Gas
  • Development
    • Cretaceous Gas
  • Costs
    • Recent discovery costs
    • Costs: Table 2
    • Costs: Image 1
    • Costs: Image 2
  • Fiscal and regulatory
    • Typical fiscal terms
  • Economic assumptions
    • Brent and local oil price assumptions
    • Henry Hub and local gas price assumptions
  • Economic analysis
    • Value creation, exploration spend & volume discovered
    • Returns by drilling year
    • Breakeven price versus prospect size
    • Value creation versus investment
    • Value of potential discoveries
    • Unit value of potential discoveries
    • Breakeven price of exploration
    • Discount rate breakeven price sensitivities
    • Cretaceous Gas
    • Cretaceous Gas
    • Full-cycle economic analysis
    • Average value of future discoveries and implied acreage value
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Department : .............
Authoriser's Name : .............
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