Country Report

Global frontier oil supply summary

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11 December 2013

Global frontier oil supply summary

Report summary

Our Frontier category represents production from yet-to-find discoveries expected to be made in remote basins, where essentially no exploration drilling has yet taken place, or has only very recently begun (excluding drilling for stratigraphic purposes).  Frontier oil/NGL production is forecast to begin in 2020 with total global output reaching around 1.5 million b/d in 2030. Frontier basins in Africa and Latin America are seen as offering the most supply potential over the period.

Table of contents

  • Executive summary
    • Fiscal terms have incentivised frontier exploration
    • More frontier country success is likely
    • Total leads the way for the Majors
    • What the future holds

Tables and charts

This report includes 2 images and tables including:

  • Key frontier acreage moves of top explorers since 2012
  • Frontier exploration production outlook

What's included

This report contains:

  • Document

    Global frontier oil supply summary

    PDF 631.56 KB

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