Insight

Upstream FIDs jump in 2017: What's changed?

15 March 2018

Get this report

$1,350

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

First name
Last name
Job Title
Company
Email
Telephone

Region

Message

Consent

Please keep me informed by email about Wood Mackenzie products, services and events.

For details on how your data is used and stored, see our Privacy Notice.

- Available as part of a subscription
- FAQ's about online orders

15 March 2018

Upstream FIDs jump in 2017: What's changed?

Report summary

Thirty two projects reached FID in 2017, over a threefold increase on the lows of 2015. Confidence is returning to the upstream sector. The projects sanctioned in 2017 add 2 million boe/d of production in 2025, and yet these projects look very different from those that took FID before the downturn. We assess the key factors and themes that contributed to these projects getting the go-ahead and provide an outlook for 2018.

No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

Upstream FIDs jump in 2017_Whats changed.pdf

PDF 8.55 MB

In this report, we look at:

What caused the uptick in major project sanctions in 2017 and why?
Who has been most active in FIDs, and which themes/countries are most in favor?
How has capex spend and capex/boe per project changed and what are the drivers?
How financially robust are the projects and how do they perform at different price decks?
Which projects will make FID in 2018 and how do they compare to 2017?

Research Director Angus Rodger answered some of the most popular client questions on FIDs in this video: