Insight
Upstream licensing round quarterly: uncertain times cause slowdown
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Record low number of awards in Q3 2020. Delays continue amid low oil prices and a global pandemic. New licensing round launches are thin on the ground. Australia's offshore round contains high-impact gas prone acreage which could provide feedstock to LNG plants and feed South East Australia's gas hungry domestic market. Upcoming round launches include Suriname shallow water acreage which will be competitive in light of recent giant deepwater discoveries.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
LL-652
LL-652 was initially awarded to Chevron as an operating service agreement (OSA) in PDVSA's Third Marginal Fields licensing round in ...
$3,720
Asset Report
West Qurna 2
The West Qurna/Rumaila structure, located in Basra province, is one of the largest oil fields in the world, second only to Saudi ...
$5,280
Asset Report
Yucal-Placer
Yucal-Placer is a large dry gas field that is strategically located close to markets in the Caracas area. The field was discovered in ...
$3,720
