Insight

Cost deflation outlook: upstream sector responds to low oil prices

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

Development costs are falling but the deflation will need to go deeper if investment is to start to flow back into the sector at low prices. We estimate that US$1.5 trillion of investment does not break even at US$50/bbl. E&P companies have been pushing the supply chain to reduce costs but additional measures will be needed to reset the cost base.

What's included

This report contains

  • Document

    Capex Deflation outlook upstream sector responds to low oil prices.pdf

    PDF 3.03 MB

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898