Diamonds in the rough - finding exploration opportunities in Asia Pacific

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Exploration has taken a hit since 2014. But for explorers looking for countercyclical opportunities, we highlight some of the interesting prospects in Asia Pacific. Using Wood Mackenzie's suite of tools and an illustrative evaluation scorecard we measure accessibility, prospectivity and commerciality of prospects at the block level and narrow down to five potential farm-in opportunities.

What's included

This report contains

  • Document

    Diamonds in the rough_Finding exploration opportunities in APAC.pdf (2)

    PDF 2.47 MB

Why buy this report?

In a market of 'lower for longer' oil prices, identifying the right opportunity for the right player is crucial. Whether you're in business development or exploration, use this report to:

  • Focus your potential exploration activity and investment decisions on high potential opportunities in Asia Pacific
  • Understand how activity in the region compares to global exploration trends

Our targeted analysis filters opportunities in Asia Pacific to identify 5 with the most potential. The report includes:

  • Heat maps analysing yet-to-find (YTF) volumes and expected monetary value (EMV) for 129 blocks
  • Evaluation scorecard measuring accessibility, prospectivity and commerciality of each opportunity
  • Detailed maps illustrating block location and evaluation results

Table of contents


  • Highlights
  • Exploration trends
  • Asia Pacific heat maps (YTF volume & EMV)


  • How did we filter for opportunities
  • The evaluation scorecard

Initial findings

  • Graph: Block expiry year by country
  • Graph: Basin success rate versus YTF volume
  • Graph: EMV versus YTF volume
  • Summary

Asia Pacific five offshore blocks to watch

  • Five maps showing different block location

Key findings

Questions about this report?

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