Insight

Pre-FID oil projects: global breakeven analysis and cost curves

This report is currently unavailable

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.
 

- Available as part of a subscription
- FAQ's about online orders

13 January 2016

Pre-FID oil projects: global breakeven analysis and cost curves

Report summary

We have conducted a comprehensive breakeven analysis of future oil developments in Wood Mackenzie’s database. These projects are critical for future oil supply and comprise conventional pre-FID projects and future drilling in US onshore Lower 48 plays. Key findings include: Half of 2025 production from future developments is uneconomic at US60/bbl Brent. Pre-FID deepwater and ultra-deepwater projects sit high on the cost curve and are at greatest risk of delay. Onshore, tight oil and shallow water projects typically have the most robust economic. Breakeven analysis provides support for an oil price floor in the longer term of above US$70/bbl.

Table of contents

    • Half of production from future developments is uneconomic at US$60/bbl Brent
    • Deepwater and ultra-deepwater projects sit high on the cost curve and are at greatest risk of delay
    • Onshore, tight oil and shallow water projects typically have the most robust economics
    • Breakeven analysis provides support for an oil price floor in the longer term of above US$70/bbl

Tables and charts

This report includes 1 images and tables including:

  • Cost curve: cumulative production by breakeven in 2025 – by resource theme

What's included

This report contains:

  • Document

    PreFID oil projects global breakeven analysis and cost curves January 2016.pdf

    PDF 845.42 KB

Other reports you may be interested in

Browse reports by Industry Sector