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Impact of oil price on upstream investment, costs and production in Deepwater GoM


Impact of oil price on upstream investment, costs and production in Deepwater GoM

Report summary

Since the oil price drop in late-2014, we have reduced our deepwater Gulf of Mexico capex forecast by US$19 billion (23%) over the 2016-2020 period. Challenges at Lower Tertiary projects have been exacerbated by the down-turn in prices leading to delays, redesigns and cancellations. Extended appraisal programs at key fields have pushed project timelines to the right.

What's included?

This report includes 1 file(s)

  • DW GoM capex deferral.pdf PDF - 900.11 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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  • Impact of oil price on upstream investment, costs and production in Deepwater GoM

In this report there is 1 table or chart, including:

  • Impact of oil price on upstream investment, costs and production in Deepwater GoM
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