Insight
Oil and gas exploration: 2022 in review
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Our analysis of the global oil and gas exploration sector shows that full-cycle value creation and returns were the highest in more than a decade. Total volumes of around 20 billion boe are a return to pre-Covid levels despite a 50% drop in the number of exploration wells. We review costs, resources and returns to identify the themes, countries and companies that performed best over the year just ended. We project oil and gas production and free net cash flow that could be delivered by the commercial and economically viable new resources.
Table of contents
- Executive summary
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Asset Report
Bulgaria onshore fields
Oil and Gas Exploration & Production (OGEP) operates the only producing assets in Bulgaria's onshore sector. Moesia Oil and Gas ...
$3,720
Country Report
Namibia upstream summary
Global exploration hotspot in 2022. Shell, TotalEnergies, Galp Energia have proved potential of the Cretaceous deepwater turbidite play.
$4,080
Insight
Europe upstream in brief
Hungary's MOL enters Eastern Mediterranean through acquisition of 35% non-operated stake in the Aphrodite gas field.
$1,350
