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Upstream oil and gas reports
Global Upstream Update: our favourite slides and topics – April 2023
Focus on gas: evidence of an industry-wide rush to invest in gas remains sparse, but business models are changing. We look at the areas around the ...
Global Upstream Update: our favourite slides and topics – May 2022
We have increased our long-term Brent assumption to US$60/bbl, boosting NPV by over one third. Governments are taking notice of record-level corpor...
Guarico Oil
The Guárico Este block is located in the Guárico sub-basin of the Eastern Venezuela basin. The block was awarded in PDVSA's First Marginal Fields l...
Gulf of Mexico 2016 Western Lease Sale 248 attracts few bids
Western Lease Sale 248 was held on 24 August 2016 and attracted 24 bids. ExxonMobil, BP and BHP Billiton were the only three companies to bid and b...
In time for a new OPEC deal: How did Russia cut 300,000 b/d?
Following the agreement with OPEC in November 2016, Russia had cut 300,000 b/d of oil production. For long, scepticism prevailed over Russia’s prom...
India Cambay exploration basin
The Cambay Basin is located in northwest India. It offers low full-cycle breakeven prices and high returns, thanks to an extensive network of infra...
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