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Welcome to
our Septmeber edition of Bright spots. This edition includes:
Topical
Technical
-Topical-
Indonesia has delayed the 2007 offer
of blocks as the authorities wanted more time for
preparation of the tender process. The offer was
expected to be announced by the end of August 2007 but
sources revealed that terms and conditions were yet to
be finalised. The offer is now expected to be announced
by the end of October 2007. 25 blocks in total are
expected to be offered and the tentative spatial
coordinates of blocks are available in the September
update of
PetroView Asia Pacific. The latest fiscal terms and
regulatory framework of the Indonesian upstream industry
are also available in our
Fiscal & Regulatory Guide for Indonesia.
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The Mannar Basin licensing round 2007 was launched in
May 2007 by Sri Lanka's Ministry of Petroleum &
Petroleum Resources Development.
Sri Lanka has divided the offshore Mannar Basin into
eight blocks; two of which have been reserved for future
allocation to Indian and Chinese state-owned oil
companies. Three blocks are offered in this round and
the remaining three will be offered at a later stage.
Roadshows for the licensing round will be held in London
on September 10th, in Houston on September 17th and in
Kuala Lumpur on September 24th, 2007. The round will
close on January 31st, 2008 and the blocks are due to be
awarded by the end of April 2008.
Blocks offered are available in this month’s
PetroView South Asia update.
For more information, please visit the
official website.
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Closing - round one release permits
Thirteen blocks were released
for bidding on April 17th, 2007 (including six
re-releases).
Eight of the thirteen available
permits are located in the Canning Basin. Two of which
(T07-2 and T07-3) follow the mainland coast, whereas
combined areas T07-1 and L07-6 surround and include the
Lacepede Islands. Five permits in this Basin are
situated on the mainland, L07-1 located within the
Fitzroy Trough, with the other four areas being located
adjacent to the southern margin of the basin (L07-2,
L07-3, L07-4, and L07-5).
The Northern Carnarvon Basin contains
four application areas covering coastal waters (06-1,
L06-2, L06-3 and L06-4) where water depths are less than
50m. The Southern Perth Basin hosts only one release
area (L06-6) which lies 240km South of Perth.
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Opening - round two release areas
Seven
blocks were released for bidding on September 7th, 2007,
within the Canning, Officer and Northern Carnarvon
Basins. Applicants are invited to bid for these permits
until March 6th, 2008.
Three
permit areas (L07-7, L07-8 and L07-9) are situated in
the northeastern part of the Canning Basin, another
three permits (L07-10, L07-11 and L07-12) lie in the
Officer Basin in the Yowalga area. The final areas
(T06-1 and L06-10) cover part of the Barrow Sub-Basin in
the Northern Carnarvon Basin. These last two areas lie
10km southwest of Barrow Island in water depths less
than 50m.
These
release areas can also be viewed in this month’s
PetroView’s Asia Pacific update.
For
further information regarding application, please visit
the
Department of Industry and Resources website.
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We are exhibiting at the 14th Africa Upstream 2007
conference at the BMW-Imax Theatre, Cape Town, between
October 31st and November 2nd, 2007. Please visit our
stand (number 35) for a chance to meet us and to review
our products.
The conference is the world's largest and most
significant exploration and development event on Africa
for the global oil exploration and gas-LNG industry
calendar, with key African Government decision-makers
and senior oil executives present along with senior
executive players across the African value chain.
For more information, please visit the
official website.
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-Technical-
New dataset – North Asia
We are pleased to announce the official release of
the PetroView North Asia dataset. Coverage for this
dataset includes: China (PRC), Japan, South Korea
(Republic of Korea), Mongolia and Taiwan (ROC). Please
note, only limited core table information is available
for the latter three countries within the inaugural
release.
The dataset will be updated on a quarterly basis in
2007, before moving to a monthly update cycle in 2008.
The data population in the core tables will be the
primary focus for this dataset's evolution in the
short-term.
PetroView North Asia contains cultural data layers
(bathymetry, coastline, cities, roads, provinces and
rivers) in addition to the standard PetroView attribute
tables: Licenses, Wells, Fields and Facilities. This
dataset is available on the MapInfo GIS platform and
release on the ESRI ArcView GIS platform is expected in
the near future.
For more information about
PetroView, please visit our website.
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Updated surface geology coverage
The surface geology layer in PetroView has been
updated using the USGS Open File Report 97-470 series.
The symbology reflects that given by the
USGS World Energy Project for the following regions:
- Africa
- Arabian Peninsula
- Arctic
- Asia Pacific
- Europe including Turkey
- Former Soviet Union
- Gulf of Mexico
- South America
- South Asia
The data will be included in the next update of each
PetroView dataset.
For more information about
PetroView, please visit our website.
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PetroView and the TGS Well Log Module
As part of our on-going collaboration with TGS, we
are happy to announce the release of the
TGS Well Log Module in all PetroView datasets.
The Module is now available to all
PetroView users, in all datasets, at no additional
cost. Previously, only subscribers to
PetroView Gulf of Mexico could access the module
that links PetroView wells to TGS’ LOG-LINE Plus!
To find out more about the TGS Well Log Module,
please visit
TGS’ website.
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We are pleased to present our latest
Caspian pocket map, which was released in June 2007.
This map forms part of our popular series of A1
wall and
pocket maps, which are available for you to download
and print from our
website at no cost.
Alternatively, to request a printed copy please fill
in our
contact us form stating clearly which maps you
require.
(Screenshot of Caspian pocket map)
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