Insight

2020 guidance: upstream companies' capital budgets and production targets

Get this report

$1,350

You can pay by card or invoice

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.
 

- FAQ's about online orders
- Find out more about subscriptions

24 February 2020

2020 guidance: upstream companies' capital budgets and production targets

Report summary

Our guidance tracker is back by popular demand. The 79 companies that have announced budgets to date plan to spend an estimated US$188 billion on upstream exploration and development, slightly up (+4%) on 2019. And production is also creeping higher. Combined, the 63 companies that have announced 2020 production guidance expect to produce 860 kboe/d (3%) more than they did in 2019. We will continue to track and publish reported guidance information throughout the reporting season.

Table of contents

Tables and charts

This report includes 5 images and tables including:

  • Corporate Service: 2019-2020 change in upstream capital budgets (%)
  • Upstream Service: 2019-2020 change in upstream capital budgets (%)
  • Corporate Service: 2019-2020 change in production (%)
  • Upstream Service: 2019-2020 change in production (%)
  • Exchange rate assumptions (local currency unit per US$)

What's included

This report contains:

  • Document

    2020 guidance: upstream companies' capital budgets and production targets

    ZIP 1.35 MB

  • Document

    2020 Guidance 24 Feb 2020.xlsm

    XLSM 6.21 MB

Trusted by leading organisations