Country Report
Taiwan upstream summary
Report summary
The national oil company CPC Corporation is the only company currently producing hydrocarbons in Taiwan - Husky Energy (acquired by Cenovus in January 2021) signed a PSC with CPC to explore deepwater hydrocarbon resources offshore Taiwan. The company is still conducting G&G studies to evaluate the prospectivity of the block, with no exploration wells planned so far. TotalEnergies and CNOOC surrendered the Taiyang PSCs in May 2022 when the license expired.
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Introduction
- Taiwan Basin
-
Exploration
-
Licensing
- Recent Licensing
-
Drilling
- Drilling activity
- Future drilling plans
-
Licensing
- Reserves and resources
-
Production
- Oil/liquids
- Gas
-
Infrastructure
- Introduction
- Oil infrastructure
-
Gas infrastructure
- LNG
- Gas Storage
- Gas Pipeline Network
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- Licensing
-
Fiscal terms
-
Current fiscal terms
- State Equity Participation
- Bonuses, Rentals and Fees
- Royalty and Other Production Taxes
-
Product Pricing
- Liquids Pricing
- Gas Pricing
- Corporate (or Petroleum) Income Tax
- Sample Cash Flows
-
Current fiscal terms
Tables and charts
This report includes 10 images and tables including:
- Key facts: Table 1
- Country Map
- Map of Basins
- Liquids Production by Sector
- Gas Production by Sector
- Gas Infrastructure Map
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- GEM models
- Drilling Activity by Well Type
What's included
This report contains:
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