The Asia Pacific region is set to continue to provide a steady stream of work for the interventions market for some years to come, as high levels of upstream activity drive demand for drilling contractors and specialist expertise across a broad range of areas.
The well interventions segment is likely to prosper injecting new life into some of the region’s ageing oil and gas fields, all set against a backdrop of a general rise in energy demand globally.
This is likewise driving current upstream activity in the area.
According to industry consultancy, Westwood Energy, there are more than a dozen high-impact wells expected across the Asia Pacific region during the course of this year.
This includes the Hai Su Vang-1X well, which was completed as a discovery in early 2025.
As the region’s oil and gas sector expands and matures, the demand for well intervention services from local and international contractors is expected to follow suit.
Energy services provider, Expro Group, for example, reported significant contracts from the Asia-Pacific region in its Q1 results, including work to provide combined e-line cased hole and slickline services across 315 wells.
UK-listed EnQuest is among the upstream operators with an eye on the region’s hydrocarbon potential, with operations now spread across Malaysia, Vietnam and Indonesia.
Organic and transactional growth in the region already provides a pathway for the company to grow its South East Asian production to more than 35,000 Boepd by the end of the decade, EnQuest Chief Executive, Amjad Bseisu, said at the end of May.
He also noted that the group is in “advanced discussions” around a further new country entry in the region, highlighting keen investor appetite.
It underscores the potential for contracting teams, including across the well services and internentions market, to secure more business as the industry flourishes.
Westwood Energy identified various other key frontier wells for 2025 across the region, offshore South Korea at Daewanggorae, as well as at Mailu offshore Papua New Guinea.
Drilling will also continue in the Kutei Basin, offshore Indonesia, it noted, whilst a 2025 exploration programme offshore Malaysia is still to be firmed up, with only the Megah high-impact well currently drilling confirmed.
In addition, India should see at least five or six high impact wells from Oil India and ONGC across the east coast and Andaman Islands basins, the consultancy group noted earlier this year.
