About This Item

Share This Item

The AAPG/Datapages Combined Publications Database

AAPG Bulletin


Volume: 72 (1988)

Issue: 10B. (October Part B)

First Page: 241

Last Page: 291

Title: Oil and Gas Developments in Far East in 1987

Author(s): S. Courteney (2), R. A. Soeparjadi (3), S. M. Sayeed Ahmad (4)


As a result of the stabilization of oil prices in 1987 following their collapse in 1986, the rate of slowdown in Far East exploration activities began to ease. Seismic acquisition increased slightly, and the fall in exploratory drilling was less dramatic in 1987 than in 1986.

No major discoveries were reported during 1987, although small-to-medium-size oil and gas discoveries added to the potential reserves of Bangladesh, India, Indonesia, Japan, People's Republic of China, Pakistan, Republic of China, and Thailand.

Development drilling continued to rise by a modest amount. Far East oil and condensate production decreased in 1987 by just over 1% to 5.37 million b/d, whereas gas output rose to 11.7 bcf/day.

New acreage awards were significantly higher in 1987 than in 1986, particularly in some of the region's key producing countries.

Pay-Per-View Purchase Options

The article is available through a document delivery service. Explain these Purchase Options.

Watermarked PDF Document: $14
Open PDF Document: $24

AAPG Member?

Please login with your Member username and password.

Members of AAPG receive access to the full AAPG Bulletin Archives as part of their membership. For more information, contact the AAPG Membership Department at [email protected].