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4 Pages

In time for a new OPEC deal: How did Russia cut 300,000 b/d?


In time for a new OPEC deal: How did Russia cut 300,000 b/d?

Report summary

Following the agreement with OPEC in November 2016, Russia had cut 300,000 b/d of oil production. For long, scepticism prevailed over Russia‚Äôs promise. So how did it achieve this? What was the impact for Russian oil companies? And what is next, with a possible extension to be discussed on 25 May 2017?  

What's included?

This report includes 1 file(s)

  • In time for a new OPEC deal: How did Russia cut 300,000 b/d? PDF - 324.14 KB 4 Pages, 0 Tables, 3 Figures

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.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

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  • Executive Summary
  • The Russian-Saudi alliance
  • Impact on Russian oil companies
    • Decline at mature fields is accelerated
  • What next?

In this report there are 3 tables or charts, including:

  • Executive Summary
  • The Russian-Saudi alliance
    • Russian oil and condensate production
    • Production cut by company
  • Impact on Russian oil companies
    • Monthly production dynamics by company
  • What next?
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