Country Report

Timor-Leste upstream summary

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02 January 2018

Timor-Leste upstream summary

Report summary

There is little upstream activity in Timor-Leste and no commercial oil and gas production. Two non-commercial oil fields have been discovered, the most recent of these in 1972. Total contingent resources from these fields amounts to 200,000 barrels of oil.The country held its first licence round in 2005. Eleven blocks were offered, with six awarded in 2006. Eni picked up five deepwater blocks and drilled an unsuccessful exploration well in 2010. Reliance Industries received the other block ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Licensing
    • Drilling
      • Drilling activity
      • Success rates
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Oil infrastructure
    • Gas infrastructure
    • Key legislation
    • International boundaries
      • Recent events
      • Historic events
    • Licensing
      • Regulation
      • Licence types
    • Overview
    • Current fiscal terms
      • Model Production Sharing Contract
      • Domestic Market Obligation
      • Income Tax
      • Small Field Depreciation
      • Sample Cash Flow Key Assumptions

Tables and charts

This report includes 9 images and tables including:

  • Drilling Activity and Commercial Success Rates (1970 - 2017)
  • Key facts: Table 1
  • Location maps: Image 1
  • Net Acreage 2018
  • Blocks Awarded
  • Timor-Leste 2006 Licence Awards
  • Drilling Activity and Commercial Success Rates (1970 - 2017)
  • GEM models
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 5.12 MB

  • Document

    Country Overview

    XLS 143.50 KB

  • Document

    Country Overview

    ZIP 5.20 MB

  • Document

    Executive summary

    PDF 93.67 KB

  • Document

    Key facts

    PDF 66.63 KB

  • Document

    Location maps

    PDF 2.90 MB

  • Document

    Key companies

    PDF 63.27 KB

  • Document

    Geology

    PDF 56.74 KB

  • Document

    Exploration

    PDF 2.17 MB

  • Document

    Reserves and resources

    PDF 53.93 KB

  • Document

    Production

    PDF 54.21 KB

  • Document

    Infrastructure

    PDF 53.98 KB

  • Document

    Policy and regulation

    PDF 111.09 KB

  • Document

    Fiscal terms

    PDF 102.91 KB

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