Insight
Global upstream: 5 things to look out for in 2019
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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 the following images and tables:
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Upstream FIDs per year (over 50 mmboe)Map of conventional gas projects aiming for 2019 sanctionWolfcamp and Bone Spring production by company market-capDROs expected in 2019Prediction scorecard for our 2018 global upstream: 5 things to look out for
What's included
This report contains:
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