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Exploration future economics

Exploration future economics

Report summary

Highlights and screenshots from our December 2015 update of the Exploration Future Economics data tool. Compares the conventional exploration potential of 230 billion boe yet-to-find in over 130 key basins worldwide, based on 10,000 wildcat wells forecast out to 2035. 

What's included?

This report includes 3 file(s)

  • Basin and play benchmarking.xls XLS - 980.00 KB
  • Future Exploration Economics.pdf PDF - 1.86 MB
  • 2015 Exploration future economics ZIP - 1.81 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.

  • Summary and key issues
  • Future exploration potential of key global basins
    • Compare and screen exploration potential by region, basin and play worldwide

In this report there is 1 table or chart, including:

  • Summary and key issues
  • Future exploration potential of key global basins
    • Summary and key issues: Image 1
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