Woodmac themes for 202019 Dec 2019 18:31
https://www.woodmac.com/press-releases/asia-pacific-upstream---5-themes-to-watch-in-2020/
Asia Pacific upstream - 5 themes to watch in 2020
19 December 2019
Wood Mackenzie has identified five themes related to project sanctions, exploration, M&A, energy transition and IMO 2020 that will impact Asia Pacific’s upstream industry in 2020.
cont....
The outlook for pure wildcat exploration looks more limited in 2020. But there are still some potential play-openers in New Zealand’s Great South Basin, deepwater Myanmar, offshore North Sumatra and offshore Papua.
In Australia, it will be a pivotal year for the Beetaloo and McArthur Basins, long thought to hold significant resource potential, that could be the saviour of the Australian east coast gas market.
“This could be the breakout year when we find out if all the hype is justified. Origin, Santos and Empire Energy are hoping to get a better understanding of the rock mechanics and well deliverability with their exploration programmes in 2020. Flowrates above 5 million cubic feet per day (mmcfd) would be considered a success,” added Low.
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