| |
5 Pages

Non-OPEC decline rates set to increase

Non-OPEC decline rates set to increase

Report summary

The fall in crude prices and slashing of upstream investment plans has put renewed focus on non-OPEC decline rates. High oil prices and a wave of upstream capital investment between 2011 and 2014 saw decline rates nearly halve in 2013 and 2014. It will take time for the momentum in supply that has been built-up to slow, but under our current projections, decline rates will revert towards normal levels in 2017. Most, but not all regions, follow this trend. 

What's included?

This report includes 2 file(s)

  • Non-OPEC decline rates set to increase PDF - 1.93 MB 5 Pages, 0 Tables, 3 Figures
  • Non-OPEC decline rates to increase.xls XLS - 270.00 KB


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.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Executive summary
    • Non-OPEC decline rates fall to 3% in 2013 and 2014
    • Impact of low oil prices limited in 2015, but decline rates steepen by 2017
    • Recent improvements give way to higher declines across most regions
    • Market volatility creates uncertainty
    • Appendix - Methodology

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

  • Executive summary
    • Non-OPEC capex on producing fields (excluding North America tight oil) and Brent oil price
    • Annual average non-OPEC decline rate (excluding North America tight oil)
    • Regional average non-OPEC oil decline rates
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...