Insight
Access is still king: are explorers capturing enough new ventures?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Acreage renewal is the stand-out reason why some explorers outperform others. Adding better basins refreshes the winners’ portfolios. Subsequent prospect selection and programme execution are only secondary success factors. Most companies plan a smaller role for exploration in future. The danger is that they stop replenishing inventory and suffer waning exploration results. Much better to keep options open with a steady flow of new acreage until the long-term demand outlook is clearer.
Table of contents
- Average explorers in top basins beat top explorers in average basins
- Frontier and emerging basins rank highly
- Have the special skills required for basin choice been lost?
- New ventures, different explorers
Tables and charts
This report includes the following images and tables:
- Value creation (destruction) by basin rank and relative performance within basin
- Contrasting challenges of new basins and existing ventures
What's included
This report contains:
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