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Global upstream: 5 things to look out for in 2019

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03 December 2018

Global upstream: 5 things to look out for in 2019

Report summary

The fundamentals for 2019 are encouraging. It will be a massive year for LNG project sanctions, with a record-breaking number of new developments poised for approval. Tight oil production will continue to climb, and there will be intense competition for the giant discovered resource opportunities on offer in 2019. But what will OPEC do next to balance global oil markets, and how will recent price volatility affect upstream spending plans? Read on to see our top five things to watch in 2019.

Table of contents

  • 1) Upstream spending: still on a leash
  • 2) Big gas gets bigger: giant sanctions looming, but which will cross the line?
  • 3) OPEC likely opts for restraint, but capacity is on the rise
  • 4) The new Permian playbook: big becomes beautiful
  • 5) 20 billion boe of discovered resources up for grabs

Tables and charts

This report includes 5 images and tables including:

  • Upstream FIDs per year (over 50 mmboe)
  • Map of conventional gas projects aiming for 2019 sanction
  • Wolfcamp and Bone Spring production by company market-cap
  • DROs expected in 2019
  • Prediction scorecard for our 2018 global upstream: 5 things to look out for

What's included

This report contains:

  • Document

    Global upstream: 5 things to look out for in 2019

    PDF 2.09 MB