Company Report

Husky Energy oil and gas exploration summary

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQ's about online orders
- Find out more about subscriptions

30 September 2019

Husky Energy oil and gas exploration summary

Report summary

Husky's geographic focus has remained consistent over the last decade, and its upstream foundation remains Western Canadian heavy oil. The company is offsetting decline and rejuvenating its legacy assets by using enhanced production techniques as well as incorporating new unconventional plays. Its Western Canada strategy is shifting towards growth through short-cycle resource plays while maximising margins. Conventional exploration is geographically focused offshore Canada (oil) and in Asia (piped gas). Full-cycle returns have suffered from commercialisation challenges, whether that is gas pricing or remote location. There is upside to the current returns from promising discoveries in Canada's deepwater Flemish Pass. Husky's large and diversified portfolio of onshore heavy oil, conventional oil sands and offshore projects enable the company to maintain a focused exploration programme that complements its existing portfolio of growth opportunities.

Table of contents

Tables and charts

This report includes 21 images and tables including:

  • Net active exploration acreage by water depth
  • Net active conventional acreage by country
  • Exploration & appraisal spend and reinvestment
  • Exploration & appraisal spend by water depth
  • Exploration & appraisal spend by basin maturity
  • Discovery costs by water depth
  • Gross conventional exploration & appraisal wells by basin and sector (2009-2018)
  • Exploration wells drilled and spend per well
  • Exploration success rates
  • Top discoveries (2009 to 2018)
  • Key organic unconventional plays
  • Volumes discovered by year
  • Volumes discovered by water depth
  • Volumes discovered by country
  • Volumes discovered by basin
  • Production from new field discoveries and organic unconventionals, and as a proportion of all future production
  • Full-cycle economics
  • Full cycle value creation by year, with uncons
  • Exploration returns by year, with uncons
  • Value creation by reserve category
  • Value creation by water depth

What's included

This report contains:

  • Document

    Husky oil & gas exploration summary.xls

    XLS 864.00 KB

  • Document

    Husky Energy oil and gas exploration summary

    PDF 965.46 KB

  • Document

    Husky Energy oil and gas exploration summary

    ZIP 1.11 MB

Trusted by leading organisations