Asia-Pacific Upstream Service Q4 2016 update 

Report summary

In our Australian CSG-LNG project analyses, we have included more detailed production and costs data for each of the supply areas. The sixth and final LNG train, APLNG Train 2, was brought online in late-September. Offshore China, Husky and CNOOC Ltd have agreed to a 13% price reduction for gas sold from the deepwater Liwan development. Wood Mackenzie has also enhanced its GEM functionality to value incremental projects. In Asia-Pacific incremental valuation is now available for the Baram Delta EOR project in Malaysia (FID expected late 2016), Madura Strait and Madura Offshore PSCs in Indonesia, and the D6 Area in India. We have reviewed and updated our outlook for 144 upstream assets, 13 LNG assets in 14 countries.