Insight
Indonesia 2016 licensing round launch
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Indonesia is offering 14 blocks in its latest 2016 licensing round, through the Regular Tender & Direct Proposal scheme. The authorities are looking to attract further exploration interest through the new 'open bid' system, where bidders are free to bid on work commitments, signature bonus and profit share split, deemed economical for the offered blocks. Investors will be able to vary their bid based on their company's short-term and long-term financial commitments and the economic viability of the block, in the case of any discoveries. In the current environment, companies are unlikely to offer large short-term financial commitments, but may try to bid competitively on the work commitments and profit split. Despite the positive introduction of greater fiscal flexibility, non-fiscal commercialisation challenges remain major barriers to development in Indonesia. The majority of the offered blocks are far from any existing oil and gas infrastructure or gas markets.
Table of contents
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Biddable profit split introduced to revive investor interest
- Criteria for success
- Acreage on offer
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Terms and conditions
- Timeline
- Data
- Evaluation process
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Prospectivity analysis
- Deepwater Kutei
- Bintuni
- Other blocks
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Economic analysis
- Fiscal regime
- Frontier gas faces monetisation risk
- Round expectations
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Appendix
- Development assumptions
- Price assumptions
Tables and charts
This report includes the following images and tables:
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14 blocks on offer across Indonesia islandsSummary of offered acreageBlock prospectivity
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Indonesia 2016 licensing round launch: Image 6Indonesia 2016 licensing round launch: Image 1Timeline: Regular Tender and Direct ProposalData availabilityBiddable parameters weightingMinimum government share for 2016 roundEvolution of Indonesia government shareFiscal benchmarking of comparable regimesKutei Basin Tertiary Deepwater: IRR
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What's included
This report contains:
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