• News Release

  Asia Pacific upstream - 5 themes to watch in 2020

  • 19 十二月 2019

  Wood Mackenzie has identified five themes related to project sanctions, exploration, M&A, energy transition and IMO 2020 that will impact Asia Pacific’s upstream industry in 2020.

• News Release

  Anchor's aweigh as Chevron gives nod to US Gulf of Mexico development

  • 12 十二月 2019

  Chevron has given the green light to the Anchor development in deepwater US Gulf of Mexico. This is Chevron’s first greenfield final investment decision as an operator since its sanction of Big Foot and Jack/St Malo in 2010.

• Webinar

  Webinar | Shale service costs in 2020: what is the market telling us?

  • 27 一月 2020

  Last year, costs fell by double-digit percentages for several major spend categories. However, today’s cost environment is considerably different from twelve months ago. Will the deflationary period stick around, or should we expect a change in 2020? During the webinar, our analysts covered topics such as: • Which cost categories fell the most last year, and what was the influence on overall well costs? • E&P budgets will reset in January and, in our view, reverse the rig count freefall. But should we expect costs to turn around as a result? • What could force service costs higher, and when could we expect the market to change? • If costs increase, which components are most at risk and what’s the economic impact?

• Comment

  India's 2020 energy outlook

  • 23 一月 2020

  India's 2020 energy outlook

• Comment

  Jebel Ali gas find ‘largest since 2005’

  • 03 二月 2020

  The announcement of an 80 trillion cubic feet (tcf) find at Jebel Ali, on the border between Abu Dhabi and Dubai, is hugely significant for the United Arab Emirates. Liam Yates, an analyst on Wood Mackenzie’s Middle East upstream team, said: “The find ranks as the largest global gas discovery since Galkynysh (South Iolotan). The Turkmen field was discovered in 2005."

• Opinion

  Collaboration in the Carnarvon Basin

  • 04 十一月 2018

  Can big players in the Carnarvon Basin lose the ego and play nice for the greater good of Australian LNG?

• Editorial

  A new era for unconventional value

  • 30 十一月 2018

  Project Production Management could reduce unconventional well cost and cycle time by more than 25%

• The Edge

  What’s holding back a new investment cycle?

  • 02 十月 2018

  Despite strong financial performance for the 48 IOCs and NOCs covered in our Corporate Service this year, investment activity is weak. Simon Flowers and Norman Valentine discuss.

• Opinion

  US tight oil piles pressure on refiners

  • 01 十月 2018

  Alan Gelder looks at the ways in which US tight oil has revolutionised the global oil market. This article first appeared on Forbes.com on September 27, 2018.

• Editorial

  Electric vehicles – the story so far

  • 10 十月 2018

  How will the rise of electric vehicles impact the future of transport and the natural resources industry? In 2018, our experts have been exploring what that means for oil, metals and power markets around the world.

• Editorial

  How private equity is revitalising offshore exploration and production

  • 01 十月 2018

  Private equity is revitalising offshore exploration and production, with smaller operators bringing new life to the US Gulf of Mexico, the North Sea and Brazil. Get the latest analysis here.

• The Edge

  The case for investing more in exploration

  • 25 九月 2018

  The industry isn’t finding enough oil. We need more Guyanas, a lot more, and we need them soon. Without them, the oil market is in danger of tightening in the not too distant future.

• The Edge

  Guyana - a new planet in oil’s solar system

  • 18 九月 2018

  The discovery of a major new oil play like Guyana instils a sense of wonder in we oil industry devotees. What’s the story? How big could it be? Will it change the oil market? Simon takes on these questions and more.

• Editorial

  What the surge in oil-basis hedges tells us about Permian operators

  • 11 九月 2018

  Permian producers increased their 2020 oil-basis hedge positions by 431% in Q2 2018. What does the surge in oil-basis hedges tell us about Permian operator sentiment? And what is the implication for projects due to start up in 2019? Find out in our latest analysis of oil and gas hedging activity.

• Opinion

  Dorado: Australia's biggest oil discovery this century

  • 17 八月 2018

  Exploration in Western Australia has produced a result no one expected - a large commercial oil find, Australia's largest this century. The discovery is significant for block partners Quadrant and Carnarvon, but how they will monetise it remains to be seen. Senior Research Analyst for Oceania Upstream, Daniel Toleman, explores the options and outcomes.

• Featured

  6 forces driving improved upstream project delivery

  • 13 八月 2018

  What can the industry do to give their projects the best chance of being delivered successfully? Our analysis points to six key factors that in most recent cases combined to create better execution.

• The Edge

  Securing exposure to Permian tight oil – Part 2

  • 10 七月 2018

  US tight oil's growth prospects are attracting the attention of any number of upstream companies. But new entrants need to go in with their eyes wide open - it's a very different business model to conventional E&P. In Part 2 of our assessment of buying into tight oil we look at the technical, logistical and valuation pitfalls.

• Opinion

  Costs: early warning signals

  • 27 十月 2016

  This week’s results announcements from the big oilfield services (OFS) companies show that the market may be turning very quickly.

• Editorial

  Cost management in upstream oil and gas

  • 29 九月 2016

  Unit operating costs have steadily increased over the past decade by 60% in real terms.

• Editorial

  The agility of US tight oil

  • 18 七月 2016

  Which US Lower 48 operators have the largest, low-cost tight oil inventory?

• Editorial

  Global capex spend slashed by US$1 trillion

  • 18 七月 2016

  The impact of the drop in oil prices on global upstream development spend has been enormous. Companies have responded to the fall by deferring or cancelling projects.

• Editorial

  Terminal decline and value benchmarking of mature US plays

  • 08 九月 2016

  We’ve modelled six mature gas plays to see which assets can offer the most upside to investors.

• Editorial

  Are the Majors set for an Asia-Pacific asset sale?

  • 30 八月 2016

  For more than 100 years Asia played a fundamental role in the growth of the Majors. Could this finally be coming to an end?

• Editorial

  The last frontier in Russia: Taimyr Peninsula

  • 19 六月 2017

  The remote region in the Russian north attracts attention with a resource potential of 5 billion boe and a geology similar to that of the prolific West Siberian basin.

• Editorial

  How can governments introduce more competitive fiscal terms?

  • 23 八月 2017

  With capital scarce, terms must be attractive to win new investment.

• Editorial

  Deepwater Gulf of Mexico is leaner, smaller and ready to compete

  • 27 七月 2017

  Smaller, simpler projects and infrastructure-led exploration are emerging as the right mix, with subsea tie-backs and infill drilling leading the way.

• Editorial

  How will regulatory changes affect fields in the Gulf of Mexico?

  • 19 六月 2017

  The Bureau of Safety and Environmental Enforcement has changed an important aspect of the leasing terms in deepwater GoM, which is likely to affect fields that have been appraised or are being appraised, and where leases are past their primary term or close to expiring.

• Editorial

  Will pricing levels rebound in the Lower 48 service sector?

  • 09 五月 2017

  After a flurry of development activity in the first quarter of 2017, the US Lower 48 onshore sector is beginning to feel the squeeze of cost inflation.

• Editorial

  Deepwater vs tight oil: levelling the playing field

  • 20 四月 2017

  All eyes have been on US tight oil breakevens and the Permian boom during the past few years. But as deep water exploration has become leaner, this part of the industry has been quietly recovering and improving its own economics.

• Editorial

  Lower 48: Increasing costs push up breakevens

  • 05 五月 2017

  After a flurry of development activity in Q1 2017, the US Lower 48 onshore sector is beginning to feel the squeeze of cost inflation. Although this development was widely anticipated, impacts vary significantly depending on the source as well as project location.