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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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    Global exploration: what to look for in 2015

    PDF 422.03 KB

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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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