Insight
2018 guidance: upstream companies' capital budgets and production targets
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Our guidance tracker is back by popular demand. The 106 companies that have announced 2018 budgets thus far will spend US$23.9 billion (10.8%) more on upstream exploration and development than in 2017. US focused companies' budgets are up 18% year-on-year. Investment is broadly flat among the Majors.
Table of contents
-
Capital budgets
- Corporate Service coverage: year-on-year (2017-2018) change in upstream capital budgets (%)
- Production guidance
Tables and charts
This report includes 7 images and tables including:
- All companies: change in upstream capital budgets by peer group
- All companies: change in production by peer group
- Corporate Service coverage: year-on-year (2017-2018) change in production (%)
- Upstream Service coverage: year-on-year (2017-2018) change in production (%)
- 2018 guidance: upstream companies' capital budgets and production targets: Image 2
- Upstream Service coverage: year-on-year (2017-2018) change in upstream capital budgets (%)
- Capital budget cuts by date of announcements (2017-2018)
What's included
This report contains:
Other reports you may be interested in
Insight
2019 guidance: upstream companies' capital budgets and production targets
Our tracker has been updated for the Asian NOCs and recent revisions
$1,350
Insight
2017 guidance: upstream companies' capital budgets and production targets
The global upstream 2017 capital budget increase stands at US$42 billion. See the Downloads section in this Insight for our full dataset.
$1,350
Insight
2024 guidance: upstream companies' capital budgets and production targets
Rolling company guidance tracker with 2024 investment plans and volume targets
$1,350
