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Upstream oil and gas reports
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...
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...
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...
Canada oil sands: carrying momentum through Q4 2023
Canadian oil sands producers had another break-through quarter in Q4 2023, continuing its streak of high operational performance. However, results ...
Class of 2024: benchmarking this year's upstream FIDs
Project economics will rebound as Majors priortise advantaged deepwater resources. We expect around 30 projects will reach FID in 2024, up from jus...
Iran other fields (sub-commercial)
Data on the fields we currently classify as sub-commercial are available below. Sub-commercial fields contain hydrocarbon volumes that are discover...
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