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  2. Upstream Asset Valuation: Key Drivers and Risk Considerations for Buyside Investors

Webinar

Upstream Asset Valuation: Key Drivers and Risk Considerations for Buyside Investors

Upstream oil and gas asset valuations often use the right framework but miss the judgment calls that determine whether the output is robust.

Date

Thursday 17 September 2026

Time

3pm BST

Duration

1 hour

Session Overview

This webinar goes beyond the basics of discounted cash flow analysis to focus on the areas where experienced analysts still face challenges, including development timing, future phases, decommissioning liabilities, and the sanity checks needed to support a credible valuation.

 

Key topics

  • The key drivers of value: how price decks, reserves assumptions, cost structures, and fiscal terms interact to determine asset value
  • Using risk adjustment effectively: how to choose between probability weighting and discount-rate adjustments, and why a risked valuation is not the same as a conservative one
  • Testing price and cost assumptions: why single-point price decks can be misleading, and why sensitivity analysis should be standard practice

Speakers

Ian Thom, Research Director, Upstream, Wood Mackenzie

Ian Thom

Research Director, Upstream

Ian brings 18 years of experience to his role as head of regional analysis for Europe, Russian, Caspian and Africa

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Greig Aitken, Director, Corporate Research, Wood Mackenzie

Greig Aitken

Director, Corporate Research

With over 12 years of experience, Greig brings a holistic view of corporate activity to the upstream M&A research team.

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