Country Report

Timor-Leste/Australia JPDA upstream summary

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02 February 2018

Timor-Leste/Australia JPDA upstream summary

Report summary

Wood Mackenzie is currently updating both the Timor-Leste Upstream Summary and the JPDA Upstream Summary. We are merging the two documents to reflect the fact that the JPDA has been ceded to Timor-Leste. Please treat all references to the JPDA in this document as historic. Our revised Timor-Leste Upstream Summary will be published in the near future.Located approximately 400 kilometres northwest of Darwin, the Timor-Leste/Australia Joint Petroleum Development Area (JPDA) covered 61,000 km2 ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Licensing
      • Timor Gap Treaty
      • Timor Sea Treaty
    • Licence Awards
    • Zone of Co-operation A - ZOC-A (1991-2002)
    • Timor-Leste/Australia JPDA (2003-2019)
    • Drilling
      • Drilling activity
    • 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 - 2019)
    • Commercial Reserves
    • Greater Sunrise
    • Technical Reserves
    • Liquids
    • Gas
    • Gas infrastructure
      • Bayu-Undan Liquids Stripping/Gas Recycling Project
      • LNG
    • Key legislation
      • Recent events
      • Historic events
    • Regulatory body
      • Autoridade Nacional do Petroleo e Minerais (ANPM)
      • Timor Sea Designated Authority (TSDA)
    • State participation
    • Licensing
      • Exploration licence
      • Retention Leases
      • Development Licence
    • Current fiscal terms
    • Fiscal Terms
    • Pre-2006 PSC Terms
      • PSC Terms
      • Sample Cash Flows Key Assumptions
    • Timor Leste/Australia Sunrise PSC
      • CMATS Treaty
      • Australian revenue component
      • Timor-Leste revenue component
    • Post-2006 Fiscal Terms
      • PSC Terms
      • Cost Recovery
      • Domestic Market Obligation
      • Income Tax
      • Small Field Depreciation
      • Sample Cash Flow Key Assumptions
    • Historical Background
      • ZOC-A
      • ZOC-B
      • ZOC-C
      • GEM MODELS

Tables and charts

This report includes 27 images and tables including:

  • Drilling Activity by Well Type (1990-2019)
  • JPDA Gas Production
  • Key facts: Table 1
  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2019
  • Net Acreage 2019
  • Regional Tectonic Setting Map
  • JPDA Blocks Awarded
  • JPDA Licenced Acreage Map
  • Reserves and resources: Table 1
  • Oil, Other Liquids and Gas Production and Reserves
  • Production: Table 1
  • Production: Table 2
  • JPDA Liquids Production
  • Production: Table 3
  • Production: Table 4
  • JPDA Gas Production
  • Drilling Activity by Well Type (1990-2019)
  • Gas Infrastructure Map
  • 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

What's included

This report contains:

  • Document

    Country Overview

    PDF 9.22 MB

  • Document

    Country Overview

    XLS 343.50 KB

  • Document

    Country Overview

    ZIP 9.14 MB

  • Document

    Executive summary

    PDF 741.26 KB

  • Document

    Key facts

    PDF 688.29 KB

  • Document

    Location maps

    PDF 2.35 MB

  • Document

    Key companies

    PDF 705.00 KB

  • Document

    Geology

    PDF 1.62 MB

  • Document

    Exploration

    PDF 2.79 MB

  • Document

    Reserves and resources

    PDF 725.44 KB

  • Document

    Production

    PDF 721.94 KB

  • Document

    Infrastructure

    PDF 4.34 MB

  • Document

    Policy and regulation

    PDF 724.38 KB

  • Document

    Fiscal terms

    PDF 758.51 KB

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