Insight
Australia offshore 2016 licensing round launch - Shape file.
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 11 August, the Australian government announced it was offering 28 licences offshore Western Australia and the Territory of Ashmore and Cartier Islands. The blocks vary between frontier areas and relinquished licences surrounded by large gas fields. The round presents an opportunity for existing players to acquire acreage with low spending commitments. Additionally, new players may look to acquire acreage in the prime North Carnarvon Basin, or take a longer term view and look at acreage in the more isolated Browse, Canning and Bonaparte basins. However, although the round is varied, we believe that the current environment will lead to low bid commitments – continuing a trend observed over the last five years.
Table of contents
- Shapefile for PetroView and PathFinder users
Tables and charts
No table or charts specified
Other reports you may be interested in
Asset Report
Blue Wing Olive (MC 471)
Blue Wing Olive (MC 471) is a small Miocene discovery located in the Mississippi Canyon protraction area of the deepwater Gulf of ...
$3,720
Asset Report
Ichthys LNG - commercial overview
Ichthys is a giant gas/condensate field located in the Browse Basin, around 440 kilometres north of Broome, offshore Western Australia.
$2,700
Asset Report
Block 65
Block 65 is located in northwest Oman, adjacent to Occidental's Block 27 and Daleel Petroleum's Block 5. The block was offered ...
$3,720
