The exploration industry is emerging from the downturn confident that it has put its house in order. But expect only gradual change through 2018. The number of committed explorers has dwindled and corporate diversity will remain unusually low. Much of the industry is chasing rather similar opportunities, raising the spectre of sharper competition eroding margins. Industry investment and well counts will be slow to recover. We assess the outlook for global conventional exploration highlighting five themes.
Why buy this report?
After a few years of extreme caution, exploration looks primed for delivery again. But has enough confidence returned to the sector to drive significant investment? Our report identifies key trends for the exploration industry in 2018 and will help you to: • Understand sector economics and whether exploration will return to profitability • Identify regions with the hottest exploration plays • Benchmark the industry's projected financial performance against previous years
Our report provides an overview of what to expect for the global exploration industry in 2018. It includes:
• Detailed financial data including forecasts for performance in 2018 • Analysis on areas we designate as 'key plays' for exploration in 2018 • Our assessment of the opportunities and risks for the sector