Insight
Upstream major capital projects: despite the shift to short-cycle, long life assets remain core
Report summary
Since the downturn, over 100 major capital projects have been approved for development. The corresponding reserves approved is 73 bnboe. Despite the shift to flexible short-cycle investments, long lived projects still feature very prominently. On average the project lifetime is 24 years. Overall, the industry trend is for a portfolio of projects that provide both investment flexibility and long life. In this Insight, we analyse the production lifetime for approved and pre-FID major capital projects. We analyse the main resource themes, the main operators and the main regions, drilling down to the project lifetime, lead time from FID to start-up and reserves approved.
Table of contents
- ++ Please access the full report from the Downloads section ++
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
07 March 2022
Class of 2022: benchmarking this year's upstream FIDs
Insight
Class of 2022: benchmarking this year's upstream FIDs
We benchmark the major oil and gas projects seeking FID in 2022 on economics and emissions metrics
$1,35013 August 2018
Corporate week in brief: US Independents eyeing higher budgets for 2018
Insight
Corporate week in brief: US Independents eyeing higher budgets for 2018
Cost inflation is back in the US tight oil sector. We look at which companies have raised budgets and what this means for production growth.
$70023 June 2022
Global coal M&A June 2022: Deals on hold as prices surge
Insight
Global coal M&A June 2022: Deals on hold as prices surge
Price spike may cause miners and JV partners to delay exits
$1,100
