The big themes on Big Oil’s mind

• 20 February 2026

Corporate Analysis insights on how the Majors are reshaping portfolios and finances to secure production and returns over the next decade

Nigeria’s 2020 Marginal Field Bid Round

• 09 September 2017

Get an independent view and comprehensive analysis of the relative commercial attractiveness of Nigeria’s marginal fields

Permian: Hell or High Water?

• 18 July 2019

As volumes of produced water continue to soar, our multi-client study explores the outlook for Permian wells and the need for robust water management strategies.

Crude Cargoes Emissions Tool

• 04 July 2022

The Crude Cargoes Emissions Tool calculates CO2 emissions along the crude value chain to give an aggregated view across the lifecycle for a specified cargo.

Crude Cargoes Emissions Tool

• 04 July 2022

Allows you to calculate CO2 emissions along the crude value chain to give an aggregated view across the lifecycle for a specified cargo.

Upstream Service

In-depth insight and forward-looking analysis of the upstream oil and gas sector at the asset and country level.

North America Company & Play Analysis Tool

Pull apart company value data and forecasts to benchmark regions, plays and operators on the metrics that matter.

Upstream Competitiveness Index

Identify countries offering the best fiscal terms relative to their exploration potential and make informed upstream investment decisions.

M&A Service

Keep abreast of M&A developments, emerging trends and acquisition opportunities.

Women in energy

• 23 July 2020

We showcase research and analysis from some of our most accomplished and influential women in energy and natural resources. Meet some of the many outstanding women we're proud to work with – and explore their latest thinking.

2020: Navigating upstream’s perfect storm

• 10 December 2020

Between the existential crisis of the energy transition and the impact of a global pandemic, it's been a challenging year for upstream oil and gas industry.

New project sanctions on the rise?

• 21 June 2017

At the start of the year, we predicted that around 20 to 25 major new upstream projects would be sanctioned in 2017, roughly double the score for 2016. So, as we approach the year’s halfway mark, how is our forecast faring?

The UK’s journey to net zero: an uncertain path ahead

• 05 September 2023

Upstream will play a crucial role in developing clean energy. Policy needs to support this, as well as foster a favourable environment for decarbonisation technologies.

Iraq aims to ramp up oil and gas output

• 16 August 2024

Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production. That said, crucial infrastructure issues still need to be overcome, and a lack of exploration activity remain a challenge. Iraq’s gas output could more than double by 2030 to reach 4.4 bcfd and oil output could hit 5.5 million b/d, in that same time frame, according to the report “Iraq’s upstream opportunities: a review” from Wood Mackenzie.

Maximising upstream value in the long term

• 08 May 2018

Life’s good again in the upstream sector. All the hard work through the downturn is paying dividends, literally. Brent over US$70/bbl means everyone is in the money given the sector’s cash flow breakeven of US$53/bbl.

The state of the upstream industry

• 05 July 2017

Understand and review the outlook for upstream markets and the major players for the short and medium term.

Japan pulls no punches on risks to Australian LNG exports

• 12 April 2023

Business leaders see confidence in Australia’s investment climate at risk.

The case for developing UK's oil and gas resources: Rosebank and Cambo fields

• 27 June 2023

Analysing the potential of Rosebank and Cambo fields as part of the UK’s development of oil and gas resources in the North Sea.

Cenovus-MEG Merger Continues Oil Sands Consolidation Trend

• 22 August 2025

Addressing the announced merger agreement between Cenovus and MEG, Mark Oberstoetter, head of Americas (non-L48) Upstream Research for Wood Mackenzie, said "This deal will combine top-performing assets in the same region and is a continuation of the consolidation trend we have seen in the oil sands."

Key energy takeaways from Canada’s 2025 election

• 01 May 2025

Newly elected Prime Minister of Canada, Mark Carney, has made energy a key initiative of the new government, with goals to expand both conventional and clean energy, but decoupling energy flows away from the US may prove to be a challenge, according to Wood Mackenzie.

US tight oil to face higher costs from tariffs, but significant increases offset from deflation elsewhere

• 07 May 2025

US Lower 48 tight oil well costs will see pressures from tariffs, but significant increases will be offset by cost deflation elsewhere, particularly in declining prices for proppant, drilling rig and pressure pumping, according to a recent analysis from Wood Mackenzie.

Trump's One Big Beautiful Bill Act reshapes US energy landscape

• 10 July 2025

President Trump's One Big Beautiful Bill Act (OBBBA) represents a dramatic shift that will fundamentally reshape US energy markets.

Middle East conflict set to drive oil and LNG prices significantly higher

• 02 March 2026

The US/Israeli strike on Iran's leadership raises geopolitical tension to heights reminiscent of Russia's invasion of Ukraine four years ago.

North Sea decommissioning faces challenges on several fronts, says Wood Mackenzie

• 16 December 2024

The likelihood of a “dash to decom” in the North Sea remains limited due to a number of speed bumps that are slowing the widespread shut down of offshore assets, Wood Mackenzie reports.

Shell and Equinor combination creates a new UK superpower, says Wood Mackenzie

• 06 December 2024

Addressing the announcement of Equinor and Shell combining UK offshore oil and gas assets in a newly incorporated joint venture, Gail Anderson, research director at Wood Mackenzie said, “This new venture will create the biggest producer on the UKCS and demonstrates the long-term attractiveness of the region.”

Higher energy prices raise stagflation fears

• 27 March 2026

Ed Crooks examines how surging fuel prices could test the US economy and the Trump administration’s resilience narrative.

The accelerating recovery in tight oil: conventional investment at risk of stagnating

• 02 February 2017

Tight oil will drive a 4% increase in global upstream investment in 2017, while investment in conventional projects will be flat at just under US$340bn.

Guyana and Suriname could provide 12 mmtpa of cost-competitive LNG in the 2030s

• 04 November 2024

Several gas developments are underway in Guyana and Suriname that could offer new competitive LNG supply sources early next decade, according to a new report from Wood Mackenzie.

Republican control will shift US energy policy away from net zero, but sweeping agenda faces roadblocks

• 18 November 2024

Republican control in the US will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to Wood Mackenzie analysis.

An additional £10 billion of North Sea value could be extracted from existing assets if the right fiscal and regulatory regime is established

• 23 October 2024

Up to £10 billion of North Sea oil and gas pre-tax value could be unlocked from existing assets if the UK government was to implement a fiscal system that encourages investment – and restores trust with the industry – according to new analysis by Wood Mackenzie.