Insight
After the crash – what's changed in Alaska upstream?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Alaska has been hit hard by the recent oil price crash and corona-virus pandemic. Companies have been quick to react with capital slashed, production shut-ins and nearly all drilling suspended. We forecast US$2.6 billion of capital investment has been either lost or deferred over the next three years, with ramifications throughout the industry. The regions reversal of decades of production decline is now a thing for the future, with exploration postponed and several pre-FID projects delayed. Over US$13 billion has been wiped from asset value, hitting both the companies bottom line and reducing government take.
Table of contents
- Executive summary
- What's changed in Alaska?
Tables and charts
This report includes the following images and tables:
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Capex changes: pre-crash versus post-crash
What's included
This report contains:
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