Insight
Growth without Exploration - here to stay?
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Report summary
Exploration's traditional role as the primary engine of upstream growth has been slipping away. The trend towards brownfields, unconventionals and incremental investments will eventually reverse as exploration economics are reset through lower costs.
Table of contents
- Executive summary
- Upstream growth has detached from fresh exploration success
- Finding new resource is not the problem
- Growth without exploration will eventually become unsustainable
Tables and charts
This report includes 4 images and tables including:
- Decade ago: Greenfield FIDs achieved 2002-2005
- Today: Greenfield FIDs achieved 2012-2015
- Leading explorers' volume trend by resource theme
- Conventional discoveries by resource commerciality
What's included
This report contains:
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