Insight
Webinar: What is the future of oil and gas exploration?
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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.
Table of contents
- The energy transition looms ever larger for explorers
- The well count looks set to rise in 2022 – but discipline holds
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