Asia has several large, oil-producing basins - from the Daqing Oil Field to the Malay Basin - but many are aging and in decline. And notwithstanding aggressive plans for renewables growth, Asia's growing population and rising standard of living will continue to fuel tremendous demand growth for crude oil.
Could Asia's mature basins be renewed akin to how the Permian Basin has been revived, or even the North Sea? What lessons can be learned from these, and other cases, to help renew Asian basins?
IHS Markit Case Study - Late-Life Basin Renewal: Lessons Learned from the Greater Permian Basin & North Sea
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