Insight
Staying Profitable – 2019 Exploration in Review
This report is currently unavailable
*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 exploration results in 2019 highlights major achievements and events of conventional exploration during the past year. As explorers are determined to stay disciplined and profitable, we see exploration spend and activity remain flat while initially-estimated discovered volumes were highest in five years. A large part of added volumes came from a record number of giant finds. This brought down discovery cost per barrel while support positive value creation. As discoveries are further announced and appraised, we can expect exploration economics to improve further.
Table of contents
- Big gas volumes drive value creation that will improve with time
Tables and charts
This report includes the following images and tables:
-
2019 Exploration in Review
What's included
This report contains:
Other reports you may be interested in
Asset Report
Cote d`Ivoire Cote d`Ivoire exploration basin
This exploration basin report provides a detailed analysis of recent and future exploration in the Cote d`Ivoire basin.
$2,800
Country Report
China upstream summary
National Oil Companies continue to explore and develop.
$11,340
Insight
Natural hydrogen market review 2025: ready, set, spud!
Natural hydrogen exploration accelerates as drilling campaigns advance in key markets - companies race to prove reserves and flow rates.
$1,250
