Energy Snapshot: Industry Themes - April 2017

Get this report


You can pay by card or invoice

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.

- FAQ's about online orders
- Find out more about subscriptions

05 April 2017

Energy Snapshot: Industry Themes - April 2017

Report summary

In our outlook for deepwater development, significant cost reductions are still present but there remains ambiguity over project sanctions in the next 2 years. Our production outlook could fall sharply from 7 million b/d by 2020 if projects are not approved. We also consider the impacts on supply and demand for floating rigs and subsea trees. We also take a look at key wells being drilled this year and the global exploration hot spots: East Mediterranean, Alaska, Guyana, Brazil, Senegal and Mauritania. New plays and large prospects are being targeted, and we expect the exploration industry to complete over 500 exploration wells in 2017. Our latest short term oil price forecast has been downgraded in the expectation of a supply ramp in early 2018 when we forecast OPEC cuts will cease, but there remain above-ground risks to supply in Libya and Venezuela. Finally, we include an update on LNG supply, and we also provide an update on the tremendous activity ongoing in the Permian.

Table of contents

  • Delving into the deep?

Tables and charts

This report includes 1 images and tables including:

  • Energy Snapshot: Industry Themes - April 2017: Image 1

What's included

This report contains:

  • Document

    WM Energy Snapshot - Industry Themes April 2017.pdf

    PDF 3.14 MB

Trusted by leading organisations