Insight

Energy Snapshot: Industry Themes - April 2017

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

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.

What's included

This report contains

  • Document

    WM Energy Snapshot - Industry Themes April 2017.pdf

    PDF 3.14 MB

Table of contents

Tables and charts

This report includes 1 images and tables including:

Images

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

Questions about this report?

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