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Upstream oil and gas reports
The resource holders: NOC exploration strategies
The NOCs are important and growing explorers. These companies managed to protect their exploration spend over the last two price downturns better t...
Woodside green lights Scarborough LNG
On 22 November 2021, Woodside sanctioned theUS$12 billion Scarborough and Pluto Train 2 project. Scarborough is the last remaining large undevelope...
Yemen Sab`atayn exploration basin
The Sab’atayn Basin is one of two key petroleum provinces in Yemen. It is located onshore on the southern edge of the Arabian Peninsula. The produc...
US federal court throws cold water on the leasing "pause"
On 15 June 2021, a US federal court ordered an injunction, reversing the "pause" on new oil and gas lease sales implemented by the Biden administra...
US Lower 48: 2022 in review
Despite major macro shifts, the responses from US E&Ps have been muted. In a year of high commodity pricing, E&Ps focused on capital discipline and...
Venezuela Maturin exploration basin
Nearly 51 billion barrels of recoverable oil have been discovered to date in Venezuela's mature Maturin basin. Finds by PDVSA in the early 2000s an...
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