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Upstream oil and gas Insights reports
How much does the oil and gas industry need to spend?
Is the industry under-investing? In the very near-term, yes. But probably by less than many may think. Investment is on track to recover to US$430 ...
How much more oil and gas can the North Sea produce?
Russia's recent invasion of Ukraine – and associated higher prices – has called into question the UK’s reliance on energy imports. The UK governmen...
How to fight declining production: Angola research trip takeaways
WoodMac analysts spent the week of 29 May in Luanda and held discussions with the leading upstream players in Angola: oil majors, NOCs, local junio...
Iceland upstream summary slides
We provide a slide-pack of the key issues in the country to complement our more detailed upstream summary. Please refer to the main upstream summar...
Lower 48 cost curve: comprehensive oil supply coverage
The L48 liquids cost curve reached a floor in the previous two years, and now it’s moving upward. Levers that historically drove improvement like w...
Lower 48 green shoots: step-outs and 2021 exploration
Lower 48 exploration always has a trigger price. Coming out of the 2015 crash, companies needed US$60/bbl to underwrite the associated risk of step...
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