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Continental & Mediterranean Europe Upstream 2016 in review: Reasons to be cheerful

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Report summary

At first glance 2016 looked like a disappointing year for the upstream sector in Continental & Mediterranean Europe. The numbers show exploration and appraisal drilling down by half while production seemed to have entered a terminal decline. However a closer look shows that there have been plenty of positive stories for the region. Majors have entered frontier regions for the first time following successful licensing rounds while a successful exploration well opened up a new deepwater play. The number of M&A deals tripled with the largest deal seeing Chinese investment in one of Europe's largest onshore oil fields.

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  • Document

    CME Data Dashboard.xls

    XLS 241.50 KB

  • Document

    Continental & Mediterranean Europe Upstream 2016 in review: Reasons to be cheerful

    PDF 783.67 KB

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Table of contents

Tables and charts

This report includes 7 images and tables including:

Images

  • 2016 licensing awards
  • 2016 licence round block awards
  • Development capital expenditure in 2016 by country
  • Liquid production by country
  • Gas production by country
  • Deal count, resources traded and considerations paid (2010-2016)
  • Continental & Mediterranean Europe Upstream 2016 in review: Reasons to be cheerful: Image 3

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