Insight

Exploration review of 2012 - another fine year for the IOCs

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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.

Table of contents

  • 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

Tables and charts

This report includes 8 images and tables including:

  • New field resources discovered 2003-2012
  • New field resources discovered in 2012, by water depth
  • 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
  • New field resources discovered 2012 by company type
  • Resource discovery costs
  • Exploration review of 2012 - another fine year for the IOCs: Image 7

What's included

This report contains:

  • Document

    Exploration review of 2012 - another fine year for the IOCs

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