Taiwan upstream summary Report

Country Report 10 December 2024

Get this report*

$4,080

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

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.

Executive summary
Key facts
Location maps
Key companies
Geology
- Introduction
- Taiwan Basin
Exploration
- Licensing
  - Recent Licensing
- Drilling
  - Drilling activity
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