Insight
After the landgrab, expect a new wave of deals before drilling
This report is currently unavailable
Report summary
Much of the conventional exploration industry is moving out to the frontiers. Two factors are behind this trend – the maturing of many established plays and the waning availability of quality discovered resource opportunities. So far, these moves to the frontiers are only conspicuous in terms of acreage capture. A multi-year land-grab has placed the majority of the world's accessible sedimentary basins under licence. Two groups of companies, the Majors and the exploration minnows, have...
Table of contents
- Executive summary
- Moving back to the frontiers
- Frontier exploration is expensive - the minnows need to attract partners
- Frontier success is scarce - the risk appetite of the Majors will be tested
- Some resource holders are going to be disappointed
- The new wave of acreage deals
Tables and charts
This report includes 5 images and tables including:
- Most of the world is under licence - active blocks, March 2013
- Net acreage signed by Majors since 2010
- Leading Small Caps by net acreage signed since 2010
- Majors' success rates versus Frontier basins
- Discovery costs and returns by basin maturity
What's included
This report contains:
Other reports you may be interested in
Insight
Pemex financial health: reasoning and impact on recent hydrocarbon duty government aid
Fiscal reductions have alleviated some Pemex financial struggles, but further action is required to return to self-sufficiency
$1,350
Asset Report
Huayue Nickel & Cobalt HPAL - Cobalt project
A detailed analysis of Huaqing Nickel and Cobalt HPAL project
$2,250
Commodity Market Report
Global thermal short-term outlook March 2024
External factors lift prices in an otherwise bearish market
$5,000
