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We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

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Long-term Brent price of US$60/bbl maintained – oil and gas price assumptions versus forecasts

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14 February 2023

Long-term Brent price of US$60/bbl maintained – oil and gas price assumptions versus forecasts

Report summary

We have maintained our long-term base Brent price at US$60/bbl in Q4 2022. Our price setting methodology is underpinned by proprietary global upstream M&A market analysis and recent transactions are supportive of our latest assumption price. Users of Lens weekly updates can screen assets or packages and test sensitivities and user-defined pricing using its integrated multi-asset valuation capabilities.

Table of contents

  • Executive Summary
  • Differences between Wood Mackenzie’s price assumptions and forecasts

Tables and charts

This report includes 1 images and tables including:

  • Brent ILTOP versus WM assumptions

What's included

This report contains:

  • Document

    Wood Mackenzie Price Assumptions Q1 2023.pdf

    PDF 711.61 KB

  • Document

    Wood Mackenzie Price Assumptions Q1 2023.xlsx

    XLSX 41.29 KB