Insight

After the crash – what's changed in Alaska upstream?

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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 1 images and tables including:

  • Capex changes: pre-crash versus post-crash

What's included

This report contains:

  • Document

    After the crash – what’s changed in Alaska upstream.pdf

    PDF 1.01 MB