Insight
Middle East Upstream Forum Presentations 2017: seeing new balance in the oil market
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Report summary
Wood Mackenzie's Middle East Upstream Forum was held on 9th October 2017. Our industry experts presented on the following topics: The Oil Price outlook, the US Corporate Sector, Global Gas and LNG Dynamics, Middle East Discovered Resource opportunities and Middle East upstream investment outlook. The presentations are available to download. We also conducted an audience poll on various industry themes. We include a summary of the results.
What's included
This report contains
Table of contents
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Presentations
- Wood Mackenzie held its Middle East Upstream Forum on 9th October 2017.The following presentations are available to download.
- OPEC and the challenge of US tight oil: oil market outlook
- The corporate sector: entering a new cycle
- When will the global gas and LNG oversupply end?
- Middle East discovered resources: opportunities down the cost curve
- Upstream investment in the Middle East: on the road to recovery?
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Poll results
- Oil price expected to stay within the US$50-60 range in 2018
- Global gas market to rebalance between 2020 and 2025
- ADMA is the most interesting discovered resource opportunity (DRO)
- Our audience felt an investment hurdle rate of 10% at US$60/bbl is suitable for conventional projects
Tables and charts
This report includes 4 images and tables including:
Images
- What annual average Brent oil price do you expect for 2018?
- When is global gas oversupply going to end?
- Which of the following opportunities is the most appealing in the Middle East?
- What hurdle rate should companies be using for FIDs on conventional projects?
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