Insight
After the crash – what's changed in Alaska upstream?
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 1 images and tables including:
- Capex changes: pre-crash versus post-crash
What's included
This report contains:
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