Company Report
PETRONAS oil and gas exploration summary
Get this report
$1,300
You can pay by card or invoice
Report summary
PETRONAS' Malaysian portfolio is the back-bone of its exploration, attracting around two thirds of wells and spend. In light of a lower exploration budget, the domestic portfolio is more central. In the near-term, PETRONAS will prioritise infrastructure-led exploration and appraisal and continue to commit to domestic exploration while offering incentives to encourage IOCs. Long-term, international exploration will need to play a pivotal role if PETRONAS is to grow a sustainable global portfolio. As oil price bounces back, the company has both financial and technical capabilities to return to exploration. The NOC has been successful in bidding rounds in Mexico and is committed to developing its unconventional acreage in Argentina. Combined with lower-risk exploration campaigns nearer to home, this could set it up for a period of improved exploration performance.
Table of contents
- Executive summary
-
Strategy
- Upstream strategy
- Evolution of exploration strategy
- Investment and costs
-
Exploration
- Well data
-
Reserves and resources
- Scope of this report
-
Production
- Production from new field discoveries and organic unconventionals, and as a proportion of all future production
-
Valuation
- Lack of commercial success impacts value
- Onshore African oil maturing and struggling, offshore acreage yet to be explored
- Struggled to build critical mass beyond Sub Saharan Africa and Asia
Tables and charts
This report includes 25 images and tables including:
- Basins drilled and all conventional & organic unconventional discoveries 2008-2017
- Ten year performance summary
- Exploration & appraisal spend and reinvestment
- Exploration & appraisal spend by water depth
- Exploration & appraisal spend by basin maturity
- Discovery costs by water depth
- Full-cycle economics
- SWOT grid
- Net active exploration acreage by water depth
- Net active exploration acreage, excl. Malaysia
- Gross exploration & appraisal wells by basin and sector (2008-2017)
- Exploration wells drilled and spend per well
- Top 40 discoveries (2008 to 2017)
- Volumes discovered by year
- Volumes discovered by water depth
- Volumes discovered by country
- Volumes discovered by basin
- Volumes discovered by country (excluding Malaysia)
- Volumes discovered by basin (excluding Malaysia)
- Production: Image 1
- Valuation: Image 1
- Global exploration returns by year, with uncons
- Valuation: Image 3
- Valuation: Image 4
- Valuation: Image 5
What's included
This report contains:
Other reports you may be interested in
05 October 2016
Freeport-McMoRan oil and gas exploration summary
Company Report
Freeport-McMoRan oil and gas exploration summary
Freeport-McMoRan moves to exit the oil and gas with sale of Gulf of Mexico assets to Anadarko Petroleum, after acquiring the assets in 2013.
$1,30013 November 2017
Maersk Oil & Gas oil and gas exploration summary
Company Report
Maersk Oil & Gas oil and gas exploration summary
Maersk has focused its portfolio on plays in the North Sea and Kenya, but these must now compete against Total's diverse opportunity set.
$1,30011 September 2014
Talisman oil and gas exploration summary
Company Report
Talisman oil and gas exploration summary
Talisman’s two core regions are North America and Asia-Pacific. Its drive into North American unconventionals has transformed the …
$1,300
