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Upstream oil and gas reports
North West Shelf LNG - upstream
The North West Shelf Project (NWSP) is a giant offshore gas project in the North Carnarvon Basin. The project was sanctioned in 1980 and has two di...
Q1 2024 pre-FID upstream project tracker: slow start but activity to pick up
We expect around 30 projects will reach FID in 2024. This should be an increase on last year, as many 2023 projects were delayed or postponed. Up t...
Global oil supply short-term update - March 2024
The global oil supply monthly report provides analysis on short-term global oil supply. The written document is accompanied this month by a slide d...
Unwanted spend: how big is the deepwater decommissioning bill?
The top deepwater countries and operators have a US$27 billion decommissioning bill creeping up in the next ten years. However, they would prefer i...
Floating rig rates on the upswing as available supply shrinks
Operators are facing increasingly tighter rig supply while rig rates creep upwards. Rig contractors are riding the momentum of improved margins and...
Four reasons why gas players remain disciplined as prices soar
In September, Henry Hub prices jumped nearly 30% to well over $5/mmbtu and are more than double what we saw earlier this year. Back when prices wer...
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