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Discovered resources: 2023 in review
A look back at discovered resources in 2023. More oil than gas came onstream during the year, but over the life of the fields, more gas than oil wi...
Oil and gas exploration: 2023 in review
Our analysis of the global oil and gas exploration sector shows that full-cycle value creation and returns remained positive. Total volumes of arou...
Alaska upstream: 2023 in review
Alaska production declined but was offset somewhat by strong performance at Hilcorp's Milne Point and new well starts at ConocoPhillips' Coyote fie...
Geopolitical risk and the oil market
As the Israel-Hamas war continues and attacks on the Red Sea escalate, the oil price has continued to trade in a range of $75 to $81/bbl. This prom...
Latin America upstream: 2023 in review
In this review, we highlight the significant upstream events and trends of 2023 across Latin America. Production continues to grow, but this is con...
Caspian upstream: 2023 in review
We look back at the key events and trends in 2023 across production, investment, M&A and decarbonisation. Kazakhstan led liquids production growth,...
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