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Upstream oil and gas reports
Is Brazil’s pre-salt still a good place for explorers?
Although the pre-salt play makes up the majority of production in Brazil, just one possible commercial discovery has been announced since 2019 (Alt...
Is fiscal and political uncertainty set to shut down the North Sea?
The case for more UK oil and gas is strong but fiscal and political uncertainty is wreaking havoc on investment plans. The list of companies pullin...
Is India's acreage exciting enough to entice IOCs?
India’s government is prioritizing domestic oil and gas to meet burgeoning energy demand with affordable, accessible and secure sources of supply. ...
Is the Lower 48 tight oil supply boom over?
It is too early to write off Lower 48 tight oil supply. In 2023, Lower 48 oil production growth exceeded expectations, adding 900,000 b/d despite i...
Is upstream oil & gas delivering on decarbonisation?
Upstream scope 1 & 2 emissions intensity has been cut by 12% since 2017. But despite the progress on flaring and methane, absolute emissions are fl...
Is WCS crude experiencing differential déjà vu?
Wide discounts for Western Canadian heavy crude prices to US benchmark WTI are roaring back with ferocity after the specter of tightening egress ca...
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