Webinar: What is the future of oil and gas exploration? Report

Insight 13 May 2022

Get this report*

$1,300

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

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

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

The results of our annual Future of Exploration Survey are in. The industry has had its say on everything from the most exciting discoveries of the last year, to the role of exploration in the energy transition. Companies have kept their discipline with strategies unchanged by surging prices. These are uniquely challenging times for exploration. In our survey, few expect exploration to cease soon, but the focus on advantaged barrels continues to intensify. As the transition takes hold the barrels with the strongest economics and lowest carbon emissions will be the ones that make it to market. In 2022, explorers expect a greater emphasis on shorter-cycle opportunities and more attention to carbon.