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Upstream oil and gas reports
Congo Lower Congo exploration basin
Congo's share of the Lower Congo Basin captures the northern end of the key play fairways that have yielded over 24 billion boe further south in An...
US tight oil’s uncharacteristic response to rising prices
Many doubted tight oil’s ability to show restraint. But after a hard reset in 2020, the sector has resisted the temptation to grow, even with the a...
Permian Pulse: Catching our breath while we run
In a region as hot as the Permian Basin it can be difficult to separate the truth from the hype. We have the luxury of putting the Permian under th...
US upstream week in brief: Shell makes a Whale of a discovery in Deepwater GoM
Shell confirmed it made first discovery in Western GoM in two years at the Whale (AC 772) prospect. We estimate the quick cycle time, coupled with ...
Cost inflation is here: the battle between margins and cost discipline intensifies
Global upstream cost inflation is intensifying. Coming into this year, we forecasted unit costs would rise 7-10%. We now forecast like-for-like cos...
European gas supply sources: a compelling case for renewed shale exploration?
European gas market turbulence is causing a complete rethink of energy strategy and policy. And the drivers to evaluate new domestic supply sources...
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