Growth is back in vogue. After three years of grinding austerity the big five BP Chevron ExxonMobil Shell and Total are shifting the agenda to volume. And there is much to shout about. Near term production growth has not looked so strong for over a decade. Longer term however the picture remains challenging despite the progress made in re engineering portfolios to work at low oil prices. All but ExxonMobil will need to access new volumes sooner rather than later if they are to avoid production declines from the early 2020s. In this Insight we analyse and benchmark the Supermajors production outlook: legacy decline; volumes under development; flexible growth options; speculative upsides.