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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.
Brazil pre-salt 2019 bid rounds are approaching. Wood Mackenzie analyses acreage on offer, including four massive discovered resource opportunities (DROs).
We're delighted to unveil our newest upstream evaluations and benchmarking tool at URTeC this year. Introducing Lens Well Evaluator.
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.
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.
On Thursday 12 February, our analysts explored key trends shaping the Americas upstream sector in 2026. Topics included: Making sense of Venezuela's pivotal moment Deepwater production peaks Lower 48 price headwinds Canada's regulatory restructuring Click through for a recording of the analysis and informative webinar discussion.
Summary slides with text and charts highlighting Namibia's upstream sector. Covering its emergence as an exploration hot spot in 2022. The pack includes details of the exploration and appraisal plans, volumes discovered to-date, the corporate landscape and the key aspects of the upstream fiscal terms, including how Namibia ranks alongside key deepwater plays in terms of government share and IRR.
Low prices may be the best cure for North American gas markets.
More mergers are coming.
Where and how is digitalisation likely to impact upstream oil and gas? In our latest research, we take a closer look at the huge prizes on offer at every stage of the upstream lifecycle.
After seven years of surging production growth, Northeast gas producers are starting to slow their output.
What's going on at #OTC50? Wood Mackenzie research analysts offer their live reactions to the buzz at the 50th Offshore Technology Conference in Houston. Follow live updates #WOODMACLIVE.
The results from our annual Exploration Survey are in. The industry has had their say on all things exploration, from budgets and technology to portfolios and peers.
The LNG boom is back, and it represents a major boon to engineering, procurement and construction contractors, who've found the past few years challenging. Find out what US$200 billion of investment means for the industry and why this boom is different to 2010-2014.
What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, the long-term outlook for Europe power markets, the Chevron acquisition of Anadarko and more.
Join our experts to tackle some of the industry's burning questions on IMO 2020 and the potential stumbling blocks.
The explosive expansion of American shale oil production is becoming unsustainable for North American companies from Texas to North Dakota.
What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, upstream cost curves, FID bonanza and US solar markets.
North American natural gas storage levels haven't ended the season this low since the historic Polar Vortex in the winter of 2013-2014.
Listen to Asia Pacific Energy Brief, episode 14: Australia 2019: exploration and M&A activity abound
Listen to Asia Pacific Energy Brief, episode 12: 2019 oil and gas outlook for Asia-Pacific
The Permian is being industrialised – fact. Chevron and ExxonMobil aggressively raised production targets this week, underlining the basin’s potential for growth.
In Wood Mackenzie’s 2018 Global Upstream Cost Survey the message was clear: across the industry cost increases are coming back.
As highlighted by the Wall Street Journal this week, Wood Mackenzie spotted this troubling trend in 2017, predicting that parent-child well issues could wipe out more than 1.5 million b/d of projected Permian production.
While smaller E&Ps are being forced to tap the breaks in the Permian shale basin, Exxon and Chevron have laid out ambitious production targets for the next four to five years.
How have oil and gas explorers started to make money at US$60/bbl? The industry finally got a grip on economic reality – lower costs and faster project delivery have begun to transform development economics. Get the analysis from our exploration team.
As we enter 2019, the mood in the LNG market is mixed. The big LNG buyers are back, and we are set for a record year for supply in terms of both production growth and new project FIDs. What will 2019 look like? And what could happen that will shape the market longer term?
Fiscal policies could start to catch up with energy transition goals this year. Read 'Global upstream fiscal systems: 5 things to look for in 2022' for our view on the policy changes that could be in store.
The global gas industry enters the new year reflecting on COP26 and navigating high prices. Find out how global gas and LNG trends could play out in your region in our 2022 Outlook series.
The upstream service sector is under pressure to increase efficiency, reduce costs and abate carbon emissions. It calls for rapid structural change and commitment to a new strategic direction.
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
Despite ongoing pandemic restrictions, sky-high spot prices and rising competition from renewables, the region’s gas consumption will grow at almost 3% a year over the next decade.
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