Petroleum developments in Far East, 1979
Petroleum activity in the Far East reporting region evinced a subtle shift during 1979 toward exploration for smaller, lower productivity plays in more mature areas. Examples of this are renewed onshore activity by Brunei Shell and Sarawak Shell in pre-World War II fields, active exploration by Atlantic Richfield and LIAPCO in the Java Sea, Indonesia, and renewed interest in older producing areas of Pakistan and India's Assam basin. Price increases appear to have promoted this type of exploration activity. Areas which showed significant increases in activity were Peninsular Malaysia, Pakistan, the Philippines, Indonesia, and China. Only in Peninsular Malaysia and Indonesia did this activity result in multiple discoveries. Even here none of the discoveries appear to have large reserves. Production for the Far East region increased only slightly during 1979. Major increases however were recorded in Peninsular Malaysia, offshore India, and China. Indonesia recorded a slight drop in oil production despite active exploration and development programs in both 1978 and 1979. Japan and Taiwan, with moderately active exploration programs during 1979, recorded no major discoveries. Production declined slightly as a result of the lack of success over the last few years. The only bright spot for Japan is that exploration began late in 1979 on the Japan-South Korea joint development area. In early 1979, the Philippines became a producing nation for the first time. Another first was that Burma became an exporting nation for the first time since 1941.
- Research Organization:
- Atlantic Richfield Indonesia Inc., Jakarta
- OSTI ID:
- 6717624
- Journal Information:
- Am. Assoc. Pet. Geol. Bull.; (United States), Journal Name: Am. Assoc. Pet. Geol. Bull.; (United States) Vol. 64:11; ISSN AAPGB
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020200* -- Petroleum-- Reserves
Geology
& Exploration
020300 -- Petroleum-- Drilling & Production
ASIA
BURMA
CHINA
DEVELOPING COUNTRIES
DRILLING
ENERGY SOURCES
EXPLORATION
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
INDIA
INDONESIA
INDUSTRY
ISLANDS
MALAYSIA
MINERAL RESOURCES
NATURAL GAS
PAKISTAN
PETROLEUM
PETROLEUM DEPOSITS
PETROLEUM INDUSTRY
PHILIPPINES
RESOURCES
SRI LANKA