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News Release
CCUS growth challenged by current economics
- 10 October 2024
Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilisation and storage (CCUS), economics remain challenging, and many potential projects are at risk.
News Release
The North Sea’s oil and gas future hangs in the balance and requires a new fiscal regime
- 03 October 2024
After a history of ad hoc changes, the UK government must implement a more predictable tax regime that provides greater long-term stability to the North Sea oil and gas sector, as soon as possible, according to new analysis by Wood Mackenzie.
News Release
CO2 utilisation potential as key global decarbonization tool limited by current economics
- 26 August 2024
Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonisation, but current economics limit CO2 utilisation deployment as high costs and insufficient subsidies hinder the market, according to a recent report from Wood Mackenzie.
News Release
20K technology to unlock more than 2 billion barrels of oil equivalent in resources in the US Gulf of Mexico
- 12 August 2024
Chevron announced first oil at the Anchor field in the US Gulf of Mexico deepwater, unlocking the potential for a considerable amount of new production.
News Release
Lower 48 well costs expected to decline 10% in 2024
- 29 July 2024
After peaking in 2023, Lower 48 well costs are expected to decline 10% in 2024 and 1% in 2025, according to a recent report from Wood Mackenzie.
2891 related products from the Store that match
- Asset Report
  Tungkal
  - 27 February 2026
  Tungkal PSC contains the Mengoepeh and Pematang Lantih oil fields onshore South Sumatra. Production started in 2005 from the Mengoepeh field. In 2015, the Pematang Lantih field was brought onstream. Mengoepeh crude is processed at the Mengoepeh Central Processing Facility, and the PLT-3 Production Facility processes crude from the Pematang Lantih field. Crude is then trucked to either the Gemah…
- Asset Report
  Hawler Contract Area
  - 27 February 2026
  The Hawler Contract Area, located 30 kilometres west of Erbil, contains four oil discoveries: Demir Dagh, Zey Gawra, Banan and Ain Al Safra. Demir Dagh was discovered by Iraq's National Oil Company in 1960, but no further exploration work was carried out until 2012, after Oryx Petroleum (renamed Forza Petroleum in 2020) became the operator of the block. Zey Gawra and Ain Al Safra were discovered…
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News Release
National Oil Company international M&A spend hits 20-year low
- 17 July 2024
While the mergers and acquisitions market has been recently supercharged by international oil companies (IOCs), national oil companies (NOCs) have sat on the sidelines, with international spending down significantly from highs a decade ago, according to recent analysis from Wood Mackenzie.
News Release
Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie
- 26 June 2024
By 2034, global carbon capture capacity will reach 440 Mtpa and storage capacity will reach 664 Mtpa, requiring US$ 196 billion in total investment, according to a recent report from Wood Mackenzie.
News Release
Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie
- 12 June 2024
Addressing Noble Corp’s acquisition of Diamond Offshore in a US$600 million stock plus cash transaction, Leslie Cook, principal analyst of upstream supply chain for Wood Mackenzie said, “We have been predicting offshore rig market consolidation for some time and with little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic. It therefore comes as little surprise that the first major deal in the upstream service sector has been announced. Noble has grabbed first mover advantage, and solidified is status in the top two offshore rig contractors.”
News Release
Eni named most-admired upstream explorer in Wood Mackenzie’s16th annual Exploration Survey
- 29 May 2024
Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.
News Release
Approved Enauta and 3R Petroleum merger creates operation that could surpass 100,000 boe/d production
- 21 May 2024
Addressing the approved merger of 3R Petroleum and Enauta, Amanda Bandeira, Upstream Research Analyst, said “The combination of businesses between Enauta and 3R Petroleum creates a new operation that could surpass the 100,000 boe/d production mark, competing head-to-head against Prio, currently the larger Brazilian independent operator in the country.
News Release
Upstream scope 1 & 2 emissions intensity down 12% since 2017, but more work is needed on absolute emissions
- 06 March 2024
Scope 1 and 2 upstream emissions intensity has declined 12% since 2017, however, absolute emissions could plateau due to production growth, according to a new report from Wood Mackenzie.
News Release
After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond
- 22 February 2024
US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and declining rig activity. However, the repercussions of these decisions will impact supply moving forward as the region is poised for much lower growth in 2024 and beyond, according to Wood Mackenzie.
News Release
Diamondback Energy and Endeavor Energy merger creates the largest pure play company in the Permian, according to Wood Mackenzie
- 14 February 2024
Addressing Diamondback Energy, Inc. and Endeavor Energy Resources L.P.’s US$26 billion merger transaction, Alex Beeker, research director, corporate research for Wood Mackenzie said, “This deal creates the largest Permian pure play company, and it will trail just ExxonMobil and Chevron in terms of total Permian production.”
News Release
US energy dominance faces long-term challenges
- 17 April 2025
While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.
News Release
Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025
- 23 July 2025
Now in its third year, Wood Mackenzie's Carbon Capture, Utilization and Storage Conference 2025 will bring together expert analysts and industry leaders in Houston, October 8-9.
News Release
Daenerys discovery a game-changer for Talos in GoA
- 25 August 2025
Addressing Talos Energy’s announced discovery at the Daenerys prospect in the Walker Ridge protraction area of the deepwater Gulf of America/Mexico (GoA), said Miles Sasser, senior research analyst, upstream for Wood Mackenzie said, “For Talos, the discovery is a game-changer. The company's GoA portfolio was ageing, but Daenerys could add more than 50 millions of barrels of oil equivalent (mmboe) net proved reserves. That would increase its YE2024 proved reserves of 194 mmboe more than 25%.
News Release
Big Beautiful Gulf 1 lease sale shows "targeted" approach in new leasing era
- 11 December 2025
The US Bureau of Ocean Energy Management (BOEM) concluded the Big Beautiful Gulf 1 (BBG1) on December 10, 2025. The sale attracted just over $300 million in bids, with the number of bids down 37.8% compared to the most recent lease sale 261.
Case Study
Striking the right balance: unlocking offshore industry potential
- 07 November 2019
Learn how the government of Ireland encouraged oil and gas exploration through an improved fiscal regime
Editorial
Satellite tracking, remote sensing: how we monitor the LNG market
- 13 October 2022
Thousands of satellites are currently on various orbits around the Earth. Space agencies around the world have initiated hundreds of programmes over the last decades. Private companies have entered the market more recently in a big way. So, how is satellite monitoring used? And how can it be leveraged to deliver unique intelligence into the global LNG market?
Editorial
4 reasons we’re bullish on Exxon’s Permian growth campaign
- 07 October 2019
ExxonMobil rocked the Permian with its bold plan to boost production to 1 million boe/d by 2024. Its cube development growth plan is working.
Editorial
Lower 48 cost outlook: what is the market telling us about 2020?
- 21 January 2020
Will this deflationary period last?
Editorial
Global gas market dynamics: three key themes
- 04 September 2019
Hot topics from our most popular reports: the LNG oversupply and the impact on prices, China’s growing gas demand and how Russia is retaining its position as the world's biggest net exporter of gas.
Editorial
Brazil 2019 pre-salt bid rounds: production sharing contracts
- 15 August 2019
The final Brazil 2019 pre-salt bid round, PSC (production sharing contracts) Round 6, features four blocks in the Santos and one block in the Santos basin.
Editorial
3 ways produced water could hamper Permian production
- 17 July 2019
The entire Permian production cost curve is shifting as produced water volumes expand, posing a risk to production growth in the most prolific shale play.
Editorial
Brazil 2019 pre-salt bid rounds: massive DRO on offer
- 16 July 2019
Brazil pre-salt 2019 bid rounds are approaching. Wood Mackenzie analyses acreage on offer, including four massive discovered resource opportunities (DROs).
Editorial
Wood Mackenzie: 3 reasons to stop by our booth at URTeC 2019
- 12 July 2019
We're delighted to unveil our newest upstream evaluations and benchmarking tool at URTeC this year. Introducing Lens Well Evaluator.
Opinion
A tantalising year for North Sea exploration
- 06 June 2019
As we near the mid-point of 2019, we focus on three exciting North Sea exploration areas to discover how the industry is continuing the upward global trend.
Editorial
Brazil 2019 exploration bid rounds: mitigating sky-high bonuses
- 06 June 2019
After three highly competitive exploration bid rounds in Brazil in 2018, momentum is building for a three-round licensing bonanza that starts later this year.
Editorial
North America gas: could LNG project delays dampen prices further?
- 28 May 2019
Low prices may be the best cure for North American gas markets.
Editorial
Permian M&A: place your bets on the next takeover target
- 21 May 2019
More mergers are coming.

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Search results: 1459

CCUS growth challenged by current economics

The North Sea’s oil and gas future hangs in the balance and requires a new fiscal regime

CO2 utilisation potential as key global decarbonization tool limited by current economics

20K technology to unlock more than 2 billion barrels of oil equivalent in resources in the US Gulf of Mexico

Lower 48 well costs expected to decline 10% in 2024

2891 related products from the Store that match

Tungkal

Hawler Contract Area

National Oil Company international M&A spend hits 20-year low

Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie

Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie

Eni named most-admired upstream explorer in Wood Mackenzie’s16th annual Exploration Survey

Approved Enauta and 3R Petroleum merger creates operation that could surpass 100,000 boe/d production

Upstream scope 1 & 2 emissions intensity down 12% since 2017, but more work is needed on absolute emissions

After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond

Diamondback Energy and Endeavor Energy merger creates the largest pure play company in the Permian, according to Wood Mackenzie

US energy dominance faces long-term challenges

Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025

Daenerys discovery a game-changer for Talos in GoA

Big Beautiful Gulf 1 lease sale shows "targeted" approach in new leasing era

Striking the right balance: unlocking offshore industry potential

Satellite tracking, remote sensing: how we monitor the LNG market

4 reasons we’re bullish on Exxon’s Permian growth campaign

Lower 48 cost outlook: what is the market telling us about 2020?

Global gas market dynamics: three key themes

Brazil 2019 pre-salt bid rounds: production sharing contracts

3 ways produced water could hamper Permian production

Brazil 2019 pre-salt bid rounds: massive DRO on offer

Wood Mackenzie: 3 reasons to stop by our booth at URTeC 2019

A tantalising year for North Sea exploration

Brazil 2019 exploration bid rounds: mitigating sky-high bonuses

North America gas: could LNG project delays dampen prices further?

Permian M&A: place your bets on the next takeover target

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