Country Report
Taiwan upstream summary
*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.
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
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Geology
- Introduction
- Taiwan Basin
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Exploration
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Licensing
- Recent Licensing
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Drilling
- Drilling activity
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Licensing
- Reserves and resources
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Production
- Oil/liquids
- Gas
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Infrastructure
- Introduction
- Oil infrastructure
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Gas infrastructure
- LNG
- Gas Storage
- Gas Pipeline Network
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- Licensing
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Fiscal terms
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Current fiscal terms
- State Equity Participation
- Bonuses, Rentals and Fees
- Royalty and Other Production Taxes
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Product Pricing
- Liquids Pricing
- Gas Pricing
- Corporate (or Petroleum) Income Tax
- Sample Cash Flows
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Current fiscal terms
Tables and charts
This report includes the following images and tables:
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Key facts: Table 1Country MapMap of Basins
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Liquids Production by SectorGas Production by SectorGas Infrastructure MapFiscal terms: Table 1Fiscal terms: Table 2GEM modelsDrilling Activity by Well Type
What's included
This report contains:
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