Country report
| |
31 Pages

Brunei Darussalam upstream summary

Brunei Darussalam upstream summary

Report summary

Brunei's oil and gas industry has been in operation since the early 20th Century. The first commercial discovery was made in 1929 at the Seria field by the British Malayan Petroleum Company, a wholly-owned Shell subsidiary. The Seria field remains in production to this day, having produced its billionth barrel in 1991. By the 1960s, technological advances allowed exploration to move offshore, and in 1963, the South West Ampa gas field was discovered. This find led to the ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.29 MB 31 Pages, 17 Tables, 15 Figures
  • Country Overview XLS - 696.00 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
    • Key issues
      • Exploration and production
      • Licence extensions, decommissioning
      • Unitisation
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Regional tectonics
    • Baram Delta Basin
      • Depositional environments
  • Exploration
    • Licensing
    • Overview
    • Current Concessions:
    • Current PSCs:
      • Deepwater acreage
      • Competing claims
      • Blocks N and Q
    • Relinquished licences:
      • Block L
      • Block M
    • Drilling
      • Drilling activity
      • Success rates
    • Recent and future exploration
      • Offshore
      • Onshore
    • Exploration highlights in the 2000s
    • Exploration highlights in the 1990s
  • Reserves and resources
  • Production
    • Oil/Liquids
    • Gas
  • Infrastructure
    • Oil infrastructure
    • Gas infrastructure
      • Lumut LNG plant
      • Domestic supplies
      • Lumut methanol plant
  • Policy and regulation
    • State oil company
      • Petroleum Unit
      • Brunei Oil and Gas Authority
      • PetroleumBRUNEI
    • State participation
      • Back-in rights
    • Licensing
    • Concessions
      • First, Second and Third Offshore Areas and BSP Onshore Area
      • Blocks A, B and CD
    • Production Sharing Contracts
      • Deepwater CA1 and CA2
      • Onshore blocks L and M
      • Blocks N and Q
  • Fiscal terms
    • Current fiscal terms
    • Concession System
      • Royalty
      • Income Tax
      • Supplementary Payment
      • Marginal Government Take
    • Deepwater PSCs
      • Tax
      • Marginal Government Take
    • Sample Cash Flows
    • Key Assumptions
      • General assumptions
      • Concession assumptions
      • Deepwater PSC assumptions

In this report there are 32 tables or charts, including:

  • Executive summary
    • Liquids Production
    • Gas Production
    • Remaining and Produced Commercial Oil, Other Liquids and Gas Reserves (p+p)
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Liquids and Gas Production 2016
    • Net Acreage 2016
  • Geology
  • Exploration
    • Map
    • Drilling Activity by Well Type (to 01/01/15)
    • Technical and Commercial Success Rates
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and Produced Commercial Oil, Other Liquids and Gas Reserves (p+p)
    • Remaining Commercial Liquids and Gas Reserves (p+p)
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquids Production
    • Production: Table 3
    • Production: Table 4
    • Gas Production
  • Infrastructure
    • Oil Infrastructure Map
    • Gas Infrastructure Map
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
    • Fiscal terms: Table 5
    • Fiscal terms: Table 6
    • Fiscal terms: Table 7
    • Fiscal terms: Table 8
    • Fiscal terms: Table 9
    • Fiscal terms: Table 10
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.