Insight
| |
10 Pages

Highs and lows of 2013 conventional exploration


Highs and lows of 2013 conventional exploration

Report summary

The exploration industry has been through a period of spectacular success that is difficult to maintain.  Volumes found through conventional exploration declined year-on-year in 2013 despite record spending.  We review the successes and the disappointments of the year.  

What's included?

This report includes 2 file(s)

  • Highs and lows of 2013 conventional exploration PDF - 769.98 KB 10 Pages, 2 Tables, 11 Figures
  • Highs and lows of 2013 conventional exploration.xls XLS - 286.00 KB

Description

This Oil and Gas Exploration Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie provides accurate and in-depth analysis to help you navigate the ever-changing challenges of oil and gas exploration so you can make key commercial decisions.

  • Executive summary
  • Volumes down and discovery costs up
  • Pretty good year for the Majors, pretty poor year for everyone else
  • Sub-Sahara Africa smaller but still dominant
  • Key themes of 2013
    • Deepwater ascendancy continues
    • Success eludes explorers for offshore East African oil
    • Exploring for pipe gas

In this report there are 13 tables or charts, including:

  • Executive summary
  • Volumes down and discovery costs up
    • Increases from initial estimate of volume discovered
    • New field discoveries by hydrocarbon type
    • Resource discovery costs
    • Highs and lows of 2013 conventional exploration: Image 3
  • Pretty good year for the Majors, pretty poor year for everyone else
    • 2013 new field resources by company type
    • New field resources by company type
    • New field resources of top 10 companies
  • Sub-Sahara Africa smaller but still dominant
    • New field resources discovered by region
    • New field resources discovered by country
    • Highs and lows of 2013 conventional exploration: Image 9
    • The ten largest discoveries announced
  • Key themes of 2013
    • Volumes by water depth and avg. DW discovery size
    • 2013 new field resources, by water depth
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.