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Global exploration: what to look for in 2015

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Report summary

Exploration spending will be cut by at least 30% as discretionary E&A drilling is deferred or dropped. Most explorers will focus on lower risk heartland basins. Companies will try to spend nothing now whilst retaining acreage where they can. Farm in opportunities will abound but selectivity is key. Licensing authorities will be under pressure to improve the attractiveness of terms on offer or to defer upcoming rounds.

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  • Document

    Global exploration: what to look for in 2015

    PDF 422.03 KB

Table of contents

Tables and charts

This report includes 2 images and tables including:

Images

  • Map of select licensing rounds and frontier drilling to watch

Tables

  • Exploration budgets of select companies

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