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How did upstream budgets shift in Q2 2017?

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Report summary

Companies have trimmed their 2017 capital guidance in response to oil price weakness in the second quarter. Of the 35 companies that announced changes to investment plans in Q2 2017 US$1.8 billion (3%) has been cut relative to initial 2017 guidance.

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  • Document

    How did upstream budgets shift in Q2 2017?

    PDF 280.98 KB

  • Document

    Q2 2017 Guidance update 17 August 2017.xlsx

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    How did upstream budgets shift in Q2 2017?

    ZIP 426.33 KB

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Tables and charts

This report includes 4 images and tables including:

Images

  • Corporate Service coverage: changes in upstream capital budgets announced in Q2 2017 (%)
  • Upstream Service coverage: changes in upstream capital budgets announced in Q2 2017 (%)
  • Corporate Service coverage: changes in production guidance announced in Q2 2017 (%)
  • Upstream Service coverage: changes in production guidance announced in Q2 2017 (%)

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