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Appraisal wells to watch: Deepwater drilling remains pivotal in H2 2023
Over 60 appraisal wells were completed in H1 2023 globally. H2 2023 will see at least 80 new appraisal wells, with an additional 50+ planned for H1...
Appraisal wells to watch: Majors leading the way on key wells in Q1
Q1 2023 saw over 40 appraisal wells spudded across the world. National Oil Companies (NOCs) operate over 60% of these wells we're watching. Seven k...
Are North Sea cost reductions here to stay?
The oil price drop in 2014 was a major reality check for the North Sea. But by some measures at least, the industry has reacted remarkably well. Co...
Argentina’s evolving tight and shale gas economics
How do Argentina's shale and tight gas plays stack up against the North American cost curve? In our latest update of single-well economics, we revi...
Asia Pacific investment and cost trends: focus on gas in an increasingly mature region
Upstream capital expenditure in Asia Pacific has been cut by US$30 billion since 2014. Investments in shallow water and tight gas projects have rem...
Asian shipyards: How will capacity reduction impact upstream costs?
The weakened demand for shipbuilding and offshore fabrication is severely affecting Asian yards. Global utilisation has fallen from 90% in 2008 to ...
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