Exploration outlook for 2014 - winds of change

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Report summary

Market and corporate-level challenges adjust the industry course after a number of years marching towards high-impact frontiers.

Table of contents

  • A new more cautious trajectory for exploration
    • Exploration themes rising and falling with greater emphasis on value over volume
  • A buyers market for high-impact exploration assets
  • More effort to improve visibility of value creation for investors
  • Cream rises to the top

Tables and charts

This report includes 3 images and tables including:


  • Exploration outlook for 2014 - winds of change: Table 1


  • Global conventional E&A expenditure (US$ billion)
  • Exploration re-investment rate by company

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