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Recovery in non-OPEC decline rates
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Report summary
Since 2009, non-OPEC decline rates have fallen to around 5%, down from 6.0% between 2001 and 2009. Record levels of upstream capital investment, high oil prices and the introduction of new technologies are behind the shift.
Table of contents
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A distinct improvement since 2010
- Sustained high investment
- Stable oil prices
- Transfer of technology
- Wide regional variations
- Technology has changed the game
- Not a temporary improvement?
Tables and charts
This report includes 5 images and tables including:
- Chart 3: Regional non-OPEC decline rates
- Chart 4: US Lower 48 production: transition from long term decline to robust growth
- Chart 5: Outlook for non-OPEC decline rates over next 10 years
- Chart 1: Recent production performance points to recovery in non-OPEC decline rates
- Chart 2: Strong growth in investment levels and recent stability in long term oil prices
What's included
This report contains:
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