Research Presentation
Asia-Pacific upstream what's changed: Q2 2016
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The low oil price continues to impact upstream projects in Asia-Pacific – since Q4 2014, we’ve axed US$77 billion of capital expenditure that was forecast to be spent over the 2016-2020 period. This results in a production loss of 2.9 billion barrels of oil equivalent over the next five years, or 1.6 million boe/d on an annual average basis. See our Asia-Pacific upstream what's changed: Q2 2016 slide pack for further details.
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