Highlights and screenshots from our February 2017 update of the Exploration Future Economics data tool. Compares the conventional exploration potential of 221 billion boe yet-to-find in 135 key basins worldwide, based on over 9,000 wildcat wells forecast out to 2035.
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Exploration future economics - $137 billion of value creation potential PDF - 356.16 KB 2 Pages, 0 Tables, 1 Figures
Future Exploration Economics February 2017.pdf PDF - 1.56 MB
Basin Play Benchmarking.xlsx XLSX - 421.89 KB
2016 Exploration future economics shapefile.zip ZIP - 1.90 MB
Oil and gas exploration is an industry in constant motion, from technological breakthroughs to shifting supply and demand. The high costs of finding and developing new oil and gas fields that can be commercially developed has created a challenging atmosphere, with explorers increasingly seeing low returns, low value and slow progress.
This Asset Benchmarking report provides a detailed benchmarking of the oil and gas exploration industry, including drilling results, success rates and the value of each discovery. You'll also find information about discovery and development costs and full-cycle returns.
Exploration businesses and advisors can use this report to decide which regions or sectors are best to explore. Benchmarking at basin level helps with opportunity screening.
Wood Mackenzie has access to historic data for over 450 basins and forecasts for more than 125 basins. We provide accurate information on the cost of exploration compared to the value of discoveries so that you can develop profitable strategies. Our in-depth analysis gives you the information you need to navigate the ever-changing challenges of oil and gas exploration so you can make key commercial decisions.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
Asset report | Feb 2017
Exploration future economics - $137 billion of value creation potential
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