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Q1 2018 Global Bid Round Outlook - Australia to Close Three Bid Rounds in the Quarter

Q1 2018 Global Bid Round Outlook - Australia to Close Three Bid Rounds in the Quarter

Summary

Globally nine bid rounds are due to close in Q1 2018. The ‘Lease Sale 250’ round in the US offers most number of blocks among all the bid rounds due to close in the quarter. A total of 14,743 blocks are on offer globally in Q1 2018. Of these, 5,876 are ultra-deepwater blocks, 5,580 are shallow water blocks, 3,277 are deepwater blocks, and 10 are onshore blocks. In terms of acreage, the US have the highest acreage on offer of all the bid rounds in the quarter.

Scope

  • Provides overview of global bid rounds due to close in Q1 2018
  • Information on each bid round due to close in Q1 2018 by country
  • Recent exploration and licensing history of countries where bids are due to close in the quarter
  • State take comparison with regional peers of a country.
Reasons to buy
  • Obtain the most up to date information available on the global bid rounds due to close in Q1 2018
  • Gain insight on bid rounds and blocks on offer by country
  • Keep abreast of recent developments on the global bid rounds
  • Facilitate decision making on the basis of strong data on global bid rounds.


1 Table of Contents
1.1. List of Tables
1.2. List of Figures
2. Key Highlights
2.1. Overview of Global Bid Rounds Closing in Q1 2018
3. Q1 2018 Bid Round Overview - China
3.1. Recent Licensing and Exploration History - China
4. Q1 2018 Bid Round Overview - Mexico
4.1. Recent Licensing and Exploration History - Mexico
4.2. Recent Bid Round Developments
4.2.1. August 2017: ION announces second 3D multi-client reimaging program offshore Mexico
5. Q1 2018 Bid Round Overview - Australia
5.1. Recent Licensing and Exploration History - Australia
5.2. Recent Bid Round Developments - Australia
5.2.1. May 2017: Australia Announces Offshore Petroleum Exploration Areas At 2017 APPEA Conference In Perth
5.2.2. May 2017: Government of Australia: Welcome To 2017 Offshore Petroleum Exploration Acreage Release
5.2.3. May 2017: Western Australia State Acreage Release For 2017
6. Q1 2018 Bid Round Overview - Greece
6.1. Recent Licensing and Exploration History - Greece
6.2. Recent Bid Round Developments-Greece
6.2.1. December 2017: PGS Data For Greece 2017 Offshore Tenders - Open For Applications
7. Q1 2018 Bid Round Overview - Faroe Islands
7.1. Recent Licensing and Exploration History - Faroe Island
8. Q1 2018 Bid Round Overview - US
8.1. Recent Licensing and Exploration History - US
9. Appendix
9.1. Abbreviations
9.2. Methodology
9.2.1. Coverage
9.2.2. Secondary Research
9.3. Contact Us
9.4. Disclaimer
1.1 List of Tables
Table 1: Q1 2018 Bid Round Overview
Table 2: China - ‘Xinjiang Oil and Gas Exploration Blocks Round 2017’ Overview
Table 3: China - Recent Discovery Wells
Table 4: Mexico - ‘Round 2 - Deepwater Exploration (R02-L04 / 2017)’ Overview
Table 5: Mexico - ‘Round 3 - Shallow water (R03-L01 / 2017)’ Overview
Table 6: Mexico - ‘Round 3 - Shallow water (R03-L01 / 2017)’ Overview (Contd.)
Table 7: Mexico - Recent Discovery Wells
Table 8: Australia - ‘2017 Onshore Round (Western Australia)’ Overview
Table 9: Australia - ‘2017 Offshore Cash Bid Round’ Overview
Table 10: Australia - ‘2017 Offshore Acreage Release Round 2’ Overview
Table 11: Australia - Recent Discovery Wells
Table 12: Greece - ‘Offshore Ionian and Crete Tenders 2017’ Overview
Table 13: US - ‘Lease Sale 250’ Overview
Table 14: US - Recent Discovery Wells
1.2 List of Figures
Figure 1: Blocks on Offer by Terrain and Country in Q1 2018
Figure 2: Blocks on Offer by Bid Round and Terrain
Figure 3: State Take Comparison of Countries whose Bid Rounds are due to Close in Q1 2018
Figure 4: China - Map of ‘Xinjiang Oil and Gas Exploration Blocks Round 2017’
Figure 5: China - State Take Comparison - Regional Peers
Figure 6: China - Recent Bid Round Results*
Figure 7: China - Blocks Held by Company
Figure 8: China - Discovered Fields Formation by Rock Type
Figure 9: China - Producing Fields Formation by Rock Type
Figure 10: China - Basin Creaming Curve
Figure 11: Mexico - Map of ‘Round 2 - Deepwater Exploration (R02-L04 / 2017)
Figure 12: Mexico - Map of ‘Round 3 - Shallow water (R03-L01 / 2017)’
Figure 13: Mexico - State Take Comparison - Regional Peers
Figure 14: Mexico - Recent Bid Round Results*
Figure 15: Mexico - Blocks Held by Company
Figure 16: Mexico - Discovered Fields Formation by Rock Type
Figure 17: Mexico - Producing Fields Formation by Rock Type
Figure 18: Mexico - Basin Creaming Curve
Figure 19: Australia - Map of ‘2017 Onshore Round (Western Australia)’
Figure 20: Australia - State Take Comparison - Regional Peers
Figure 21: Australia - Recent Bid Round Results*
Figure 22: Australia - Blocks Held by Company
Figure 23: Australia - Discovered Fields Formation by Rock Type
Figure 24: Australia - Producing Fields Formation by Rock Type
Figure 25: Australia - Basin Creaming Curve
Figure 26: Greece - Map of ‘Offshore Ionian and Crete Tenders 2017’
Figure 27: Greece - State Take Comparison - Regional Peers
Figure 28: Greece - Recent Bid Round Results
Figure 29: Greece - Blocks Held by Company
Figure 30: Faroe Islands - Map of ‘4th Bidding Round’
Figure 31: Faroe Islands - State Take Comparison - Regional Peers
Figure 32: Faroe Islands - Recent Bid Round Results*
Figure 33: Faroe Islands - Blocks Held by Company
Figure 34: US - Map of ‘Lease Sale 250’
Figure 35: US - State Take Comparison - Regional Peers
Figure 36: US - Recent Bid Round Results*
Figure 37: US - Blocks Held by Company
Figure 38: US - Discovered Fields Formation by Rock Type
Figure 39: US - Producing Fields Formation by Rock Type
Figure 40: US - Basin Creaming Curve

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