Diamondback Energy and Endeavor Energy merger creates the largest pure play company in the Permian, according to Wood Mackenzie

• 14 February 2024

Addressing Diamondback Energy, Inc. and Endeavor Energy Resources L.P.’s US$26 billion merger transaction, Alex Beeker, research director, corporate research for Wood Mackenzie said, “This deal creates the largest Permian pure play company, and it will trail just ExxonMobil and Chevron in terms of total Permian production.”

US energy dominance faces long-term challenges

• 17 April 2025

While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025

• 23 July 2025

Now in its third year, Wood Mackenzie's Carbon Capture, Utilization and Storage Conference 2025 will bring together expert analysts and industry leaders in Houston, October 8-9.

Daenerys discovery a game-changer for Talos in GoA

• 25 August 2025

Addressing Talos Energy’s announced discovery at the Daenerys prospect in the Walker Ridge protraction area of the deepwater Gulf of America/Mexico (GoA), said Miles Sasser, senior research analyst, upstream for Wood Mackenzie said, “For Talos, the discovery is a game-changer. The company's GoA portfolio was ageing, but Daenerys could add more than 50 millions of barrels of oil equivalent (mmboe) net proved reserves. That would increase its YE2024 proved reserves of 194 mmboe more than 25%.

Big Beautiful Gulf 1 lease sale shows "targeted" approach in new leasing era

• 11 December 2025

The US Bureau of Ocean Energy Management (BOEM) concluded the Big Beautiful Gulf 1 (BBG1) on December 10, 2025. The sale attracted just over $300 million in bids, with the number of bids down 37.8% compared to the most recent lease sale 261.

Middle East oil and gas recovery faces months-long process despite ceasefire

• 08 April 2026

The 11 million b/d of upstream production currently shut-in across the Middle East can only be restored when export logistics normalise.

Southeast Asia’s new wave of deepwater gas projects

• 04 May 2026

Southeast Asia is entering a critical second wave of deepwater gas development targeting 28 trillion cubic feet of resources across Indonesia, Malaysia and Brunei. However, delivering these projects won’t be easy. Our models suggest these projects have fragile economics, with many delivering less than 15% internal rates of return (IRR). As a result, operators face narrow margins for execution error as they race to deliver over US$20 billion of new infrastructure and supply by 2030, according to Wood Mackenzie estimates.

With 100-200 GW of new data centre capacity needed by 2030, carbon capture on gas offers fastest route to decarbonisation

• 14 May 2026

With natural gas dominating near-term data centre power additions, carbon capture offers the most practical path to decarbonization, according to new Wood Mackenzie analysis.

Australia’s Domestic Supply Obligation framework risks compounding investment uncertainty, says Wood Mackenzie

• 04 June 2026

The Australian government’s proposed Domestic Supply Obligation (DSO) framework risks increasing, rather than reducing, investment uncertainty at a critical time for the nation’s energy sector.

After the Strikes: What Next for Qatar, Iran and the World's Largest Gas Field?

• 17 September 2026

The 2026 Middle East conflict has struck at the centre of the global gas system. Strikes on Qatar's North Field and Iran's South Pars have taken capacity offline across a resource base that holds 25% of the world's gas and supplies 10% of global production, creating cascading implications for LNG markets, buyer behaviour, and long-term energy security.

Satellite tracking, remote sensing: how we monitor the LNG market

• 13 October 2022

Thousands of satellites are currently on various orbits around the Earth. Space agencies around the world have initiated hundreds of programmes over the last decades. Private companies have entered the market more recently in a big way. So, how is satellite monitoring used? And how can it be leveraged to deliver unique intelligence into the global LNG market?

How to tackle the Permian's water woes

• 23 July 2019

Water management is quickly becoming one of the most significant risks to Permian tight oil growth. With water infrastructure nearing peak capacity, how can producers cap costs and minimise operational risks?

A tantalising year for North Sea exploration

• 06 June 2019

As we near the mid-point of 2019, we focus on three exciting North Sea exploration areas to discover how the industry is continuing the upward global trend.

Brazil 2019 exploration bid rounds: mitigating sky-high bonuses

• 06 June 2019

After three highly competitive exploration bid rounds in Brazil in 2018, momentum is building for a three-round licensing bonanza that starts later this year.

North America gas: could LNG project delays dampen prices further?

• 28 May 2019

Low prices may be the best cure for North American gas markets.

Permian M&A: place your bets on the next takeover target

• 21 May 2019

More mergers are coming.

The digital imperative: why upstream oil and gas is embracing advanced analytics

• 16 May 2019

Where and how is digitalisation likely to impact upstream oil and gas? In our latest research, we take a closer look at the huge prizes on offer at every stage of the upstream lifecycle.

Unlocking exploration’s hidden value

• 21 March 2019

Exploration is making money again. After a difficult few years, the sector's disciplined approach has begun to bear fruit. How evaluate the true cost of exploration?

ADNOC doubles net hydrogen production through stake in ExxonMobil’s Baytown project

• 01 October 2024

The ExxonMobil Baytown Blue Hydrogen complex has announced major developments in recent months, rounded off by ADNOC taking a 35% stake in the project. The project – if developed – would become the world's largest blue hydrogen project, producing 0.9 million tonnes per annum (Mtpa) of blue hydrogen and 1 Mtpa of blue ammonia.

Webinar | Extracting value from CCUS: how does it work?

• 26 February 2024

Join Wood Mackenzie on February 26th, 2024, for an introduction to CCUS project valuations.

Carbon Capture, Utilization, & Storage Conference 2027

• 06 October 2027

The Carbon Capture, Utilization and Storage (CCUS) Conference is on October 6-7 2027 in Houston, TX where you will have the opportunity to hear insight on the global CCUS landscape and why the US stands out. Find out how evolving carbon markets and technology will drive CCUS beyond 2030.

For a few dollars more – OPEC’s shifting stance

• 13 October 2016

OPEC’s plan for production cuts signals a desire to support prices, even if the battle to wrest control of the market seems barely half won.

The global CCUS pipeline is growing fast – but not fast enough

• 03 May 2022

Net zero ambitions call for an eightfold increase in the CCUS project pipeline by 2050.

Low oil price could squeeze out 4 million b/d of non-OPEC supply

• 19 April 2020

The OPEC+ ‘deal of the century’ last weekend changes oil market dynamics in the short run. Find out more in this week's Edge.

Energy transition outlook: UK

• 24 February 2026

Crunch time for the UK energy transition – decarbonisation strategy has halved its energy-related emissions since 1990 but nearly all 2030 targets are currently out of reach.

Emissions Benchmarking Tool

The Emissions Benchmarking Tool provides transparency at the asset and corporate level for Upstream, Downstream and Metals & Mining.

How the price war is hurting US tight oil

• 26 May 2020

Arresting the explosive growth of US tight oil was a clear target of the price war after the OPEC+ meeting collapsed in March. What's been the effect on drilling and investment? How much will production fall and how quickly? Will tight oil recover and get back on a growth path? Find out more in this week's Edge.

How Africa maximises its oil and gas riches

• 14 October 2022

The upstream industry in Africa is thriving. Giant oil discoveries in the last two years add to a positive investment outlook that's the envy of other oil and gas provinces. What can African governments do to maximise the value of their resources?

Nigerian lawmakers pass petroleum bill – but there is still work to do

• 02 July 2021

Speaking after the Petroleum Industry Bill (PIB) was passed by the Nigerian National Assembly on 1 July, Mansur Mohammed, head of West Africa content on Wood Mackenzie’s sub-Saharan Africa upstream research team, said: “The Senate and House each passed different versions of the bill, which will now require reconciliation before it is sent to the president for assent into law. So there is still outstanding work to do before the PIB becomes law, but we see momentum behind the bill.”

Wood Mackenzie appoints new Chief Financial Officer

• 27 March 2023

Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.