Country report
Timor-Leste/Australia JPDA upstream summary
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Report summary
Located approximately 400 kilometres northwest of Darwin, the Timor-Leste/Australia Joint Petroleum Development Area (JPDA) covers 61,000 km2 of the Bonaparte Basin. Water depths range from less than 100 metres in the south to over 2,000 metres off the shelf edge to the north of the area.The JPDA was established by the signing of the Timor Sea Treaty in 2002. It allows for the joint exploitation of oil and gas resources in the area previously called the Timor Gap, which is claimed by both ...
What's included
This report contains
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
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Geology
- Introduction
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Exploration
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Licensing
- Timor Gap Treaty
- Timor Sea Treaty
- Licence Awards
- Zone of Co-operation A - ZOC-A (1991-2002)
- Timor-Leste/Australia JPDA (2003-Present)
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Drilling
- Drilling activity
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Pre-Timor Gap Treaty Exploration (1970 - 1985)
- Post-Timor Gap Treaty Exploration: Phase 1 (1992 - 1994)
- Post-Timor Gap Treaty Exploration: Phase 2 (1995 - 2002)
- Post-Timor Sea Treaty Exploration: Phase 1 (2002 - 2008)
- Post-Timor Sea Treaty Exploration: Phase 2 (2009 - onwards)
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Licensing
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Reserves and resources
- Commercial Reserves
- Greater Sunrise
- Technical Reserves
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Production
- Liquids
- Gas
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Infrastructure
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Gas infrastructure
- Bayu-Undan Liquids Stripping/Gas Recycling Project
- LNG
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Gas infrastructure
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Policy and regulation
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Key legislation
- Recent events
- Historic events
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Regulatory body
- Autoridade Nacional do Petroleo e Minerais (ANPM)
- Timor Sea Designated Authority (TSDA)
- State participation
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Licensing
- Exploration licence
- Retention Leases
- Development Licence
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Key legislation
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Fiscal terms
- Current fiscal terms
- Fiscal Terms
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Pre-2006 PSC Terms
- PSC Terms
- Sample Cash Flows Key Assumptions
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Timor Leste/Australia Sunrise PSC
- CMATS Treaty
- Australian revenue component
- Timor-Leste revenue component
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Post-2006 Fiscal Terms
- PSC Terms
- Cost Recovery
- Domestic Market Obligation
- Income Tax
- Small Field Depreciation
- Sample Cash Flow Key Assumptions
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Historical Background
- ZOC-A
- ZOC-B
- ZOC-C
- GEM MODELS
Tables and charts
This report includes 27 images and tables including:
Images
- Drilling Activity by Well Type (1990-2015)
- JPDA Gas Production
- Country Map
- Remaining Commercial and Technical Reserves at 01/01/2018
- Net Acreage 2018
- Regional Tectonic Setting Map
- JPDA Blocks Awarded
- JPDA Licenced Acreage Map
- Total Produced and Remaining Commercial Oil, Other Liquids and Gas Reserves at 01/01/2018 (p+p)
- JPDA Liquids Production
- JPDA Gas Production
- Drilling Activity by Well Type (1990-2015)
- Gas Infrastructure Map
Tables
- Key facts: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production: Table 3
- Production: Table 4
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- Fiscal terms: Table 5
- Fiscal terms: Table 6
- Fiscal terms: Table 7
- Fiscal terms: Table 8
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