Insight
2022 guidance: upstream companies' capital budgets and production targets
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
A total of 136 companies have revised their 2022 capital budgets. Our tally has upstream investment at US$315billion or 18% more than in 2021. When it comes to output, targets are also up. Combined, the 119 companies that have announced 2022 production guidance expect to produce 2.2 million boe/d (4.5%) more than they did in 2021. We are also expanding coverage of capital budgets beyond upstream. Companies that disclose multi-year, multi-segment investment outlooks have been added to the insight.
Table of contents
- 2022 vs 2021: upstream capital budgets
-
2022 vs 2021: production guidance
- Exchange rate assumptions
Tables and charts
This report includes the following images and tables:
-
2022 vs 2021: upstream capital budget evolution by peer group2022 vs 2021: change in upstream capital budgets by peer group2022 vs 2021: change in production guidance by peer groupExchange rate assumptions (local currency unit per US$)
What's included
This report contains:
Other reports you may be interested in
Asset Report
Karish Area Fields
The Karish Area Fields lie approximately 90 kilometres offshore Israel in ultra deepwater. The area comprises the Karish, Karish North ...
$3,720
Asset Report
Skarv Satellites
Skarv Satellites is a collection of oil and gas fields in the Voring Basin and Mid Norway.
$3,720
Asset Report
Sichuan Basin (Remaining Sinopec)
This asset analysis covers Sinopec's gas production in Sichuan, excluding Puguang and Yuanba.
$3,720
