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Upstream oil and gas Insights reports
Is the Lower 48 tight oil supply boom over?
It is too early to write off Lower 48 tight oil supply. In 2023, Lower 48 oil production growth exceeded expectations, adding 900,000 b/d despite i...
Is upstream oil & gas delivering on decarbonisation?
Upstream scope 1 & 2 emissions intensity has been cut by 12% since 2017. But despite the progress on flaring and methane, absolute emissions are fl...
Is WCS crude experiencing differential déjà vu?
Wide discounts for Western Canadian heavy crude prices to US benchmark WTI are roaring back with ferocity after the specter of tightening egress ca...
Israel launches first offshore licensing round
Israel is offering 24 offshore blocks in its first ever bid round. The blocks on offer in the gas prone Levant basin includes acreage near the gian...
Italy Caltanissetta exploration basin
The onshore sector of the Italy Caltanissetta Basin has a long exploration history and is now considered mature. However, we do not consider explor...
10 reasons why Iraq's oil production growth has under-performed
Remember Iraq's 12 million b/d oil production target? In 2009, to much fanfare, Iraq opened up its giant and super-giant fields to international in...
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