Cost deflation outlook: upstream sector responds to low oil prices

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

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

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

Questions about this report?

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