15 March 2018
- Exploration trends and implications as profitability rises
- Big finds from Guyana to Alaska
- Key wells, regions and companies to watch
Andrew has over 25 years experience assisting majors and independents in the development of their exploration strategy and currently heads Wood Mackenzie’s Exploration Research. He provides analysis of exploration economics, strategies and industry trends. Andrew previously led the Exploration Strategy offering within the Upstream Consulting business. He worked with clients to help optimize their investments in petroleum exploration and advised on strategy, process, opportunity characterization and evaluation. As part of this offering, Andrew directed Wood Mackenzie’s series of multi-client projects on exploration, deepwater and Arctic themes. Andrew has been with Wood Mackenzie’s energy team since 1995. Until the end of 2001, he managed the team responsible for Sub-Saharan Africa research products and consultancy, undertaking a range of market analysis and regional strategy projects. He started his career in 1990 as an international new ventures geologist with Ranger Oil. Later, as Ranger focused on West Africa, he became project geologist for Angola. Andrew graduated from Imperial College, London, with a BSc Honours degree in Geology, and holds a PhD in Geology from University College, Cardiff.
Lower 48 Breakevens
- Breaking down the effects of higher prices and higher costs
- How economics drive supply, and where constraints may limit growth
- Breakeven trends overall and for selected operators
- How low can they go: estimating implications of a lower bound for breakevens
- Regional benchmarking: competing with the Marcellus and Permian
Alex Beeker is responsible for developing short-term and long-term, oil & gas supply forecasts for the US Lower 48 at Wood Mackenzie. This critical work sits between Wood Mackenzie's company level asset analysis and macro commodity forecasts. It is pivotal in ensuring views are aligned throughout the many teams involved. Prior to his current role, Alex was focused on analysing the Niobrara play, deriving economic assumptions and company valuations. Alex holds a BSE in Industrial and Operations Engineering from the University of Michigan and a MA in Applied Natural Resource Economics from Michigan Tech University. Alex originally started as an intern in Wood Mackenzie's Houston office before relocating to the NYC office. Alex is a CFA charterholder.