Insight
| |
7 Pages

Exploration review of 2012 - another fine year for the IOCs


Exploration review of 2012 - another fine year for the IOCs

Report summary

Conventional exploration continued to find big volumes during 2012. The year saw over 300 new field discoveries with total resources of at least 25 billion boe. These volumes already exceed the average for the past decade and will doubtless rise as more of the year's well results are reported and appraised. The robust exploration performance of 2012 includes over 300 discoveries in more than 50 different countries.

What's included?

This report includes 1 file(s)

  • Exploration review of 2012 - another fine year for the IOCs PDF - 569.97 KB 7 Pages, 1 Tables, 7 Figures

Description

This Oil and Gas Exploration Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie provides accurate and in-depth analysis to help you navigate the ever-changing challenges of oil and gas exploration so you can make key commercial decisions.

  • Executive summary
  • Another excellent year
  • Strong focus on Sub-Saharan Africa giants
  • IOCs, led by the Independents, continue to perform well
  • New frontiers continue to emerge
  • Upbeat outlook for 2013

In this report there are 8 tables or charts, including:

  • Executive summary
  • Another excellent year
    • New field resources discovered 2003-2012
    • New field resources discovered in 2012, by water depth
  • Strong focus on Sub-Saharan Africa giants
    • New field resources discovered in 2012, by region
    • New field resources discovered in 2012, by country
    • Exploration review of 2012 - another fine year for the IOCs: Table 1
  • IOCs, led by the Independents, continue to perform well
    • New field resources discovered 2012 by company type
    • Resource discovery costs
  • New frontiers continue to emerge
    • Exploration review of 2012 - another fine year for the IOCs: Image 7
  • Upbeat outlook for 2013
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.