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Sector Analysis
Southeast Asia Oil and Gas Upstream Development Trends and Forecast by Countries, Terrain, Facility Type and Companies, 2023-2027
Southeast Asia Oil and Gas Market Report Overview The Southeast Asia crude, condensate, and natural gas production was 4,861 mboed, and crude oil and condensate production is 1,617,071 bd in 2023. The announced projects are expected to see over double in capex in 2027. The relatively larger capex outlook most likely will originate from the identification of more projects in the announced phase. This is promising for the region, as economic growth continues at a rapid rate, thus demand for...
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Sector Analysis
Middle East and North Africa Oil and Gas Upstream Development Trends and Forecast by Countries, Terrain, Facility Type and Companies to 2027
Middle East and North Africa (MENA) Oil and Gas Market Report Overview The outlook for oil and gas development in the MENA region looks positive over the forecast period. The region is expected to see growth in both oil and natural gas production with most volumes coming mainly from active and planned fields. The biggest contributors to this addition are expected to be Saudi Arabia, UAE, and Iraq. The crude and condensate production from planned and announced projects in MENA...
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Sector Analysis
Oceania Oil and Gas Upstream Development Trends and Forecast by Countries, Terrain, Facility Type and Companies, 2023-2027
Oceania Oil and Gas Upstream Development Trends and Forecast Overview In Oceania, the crude, condensate, and natural gas production from active and planned fields is 3,070 thousand barrels of oil equivalent per day (mboed) in 2023. The outlook of this region is very stable. Despite the overall crude oil and condensate production forecast to decline over the forecast period. It will be compensated by the series of announced fields in Australia and Papua New Guinea, the two key producers in...
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Sector Analysis
Sub-Saharan Africa Oil and Gas Upstream Development Trends and Forecast by Countries, Terrain, Facility Type and Companies, 2023-2027
Sub-Saharan Africa Oil and Gas Market Report Overview The outlook for oil and gas development in the Sub-Saharan Africa region looks positive over the forecast period. Although the region is expected to see a steady decline in hydrocarbon production from active projects over the next few years, the production from announced and planned projects will offset the decline adding approximately 7.8 million barrels of oil equivalent per day (mmboed) by 2027. The biggest contributors to this addition are expected to...
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Sector Analysis
Former Soviet Union (FSU) Upstream Development Outlook to 2025
This report indicates that 39 key crude and natural gas production projects are expected to start operations in four countries in the Former Soviet Union (FSU). Among these, 23 represent the number of planned projects with identified development plans and 16 represent the number of early stages announced projects that are undergoing conceptual studies and that are yet to be approved for development. In terms of the number of planned oil and gas production projects, Russia leads among countries with...
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Sector Analysis
Americas Oil and Gas Upstream Development Outlook to 2025
The Americas oil and gas upstream development market report indicates that 110 key crude and natural gas projects are expected to start operations in 13 countries. Among these, 59 represent the number of planned projects with identified development plans and 51 represent the number of early stages announced projects that are undergoing conceptual studies and that are yet to be approved for development.
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Sector Analysis
Global Offshore Oil and Gas Upstream Development Outlook to 2025
Globally, during the outlook period 2021-2025, a total of 355 key crude and natural gas offshore projects are expected to start operations in 48 countries. Among these, 130 represent the number of planned offshore projects with identified development plans and 225 represent the number of early-stages announced offshore projects that are undergoing conceptual studies and that are yet to be approved for development (pre-FID). In terms of the number of planned offshore oil and gas projects, Brazil leads among countries...
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Sector Analysis
Trinidad and Tobago Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies, 2021-2025
Trinidad and Tobago’s total gross crude oil and condensate production capacity in 2020 was valued at 50,566 barrels per day (bd) and is forecasted to show a decline with a CAGR of more than -8% during the period 2021-2025. In 2020, the total production in Trinidad dropped by almost 22 thousand barrels of oil equivalent per day (mboed) compared to 2019. The majority of produced resources are located in shallow waters, while less than 1.5% of 2020 production comes from...
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Sector Analysis
Eagle Ford Shale in the United States of America (USA) – Oil and Gas Shale Market Analysis and Outlook to 2021
The Eagle Ford shale experienced one of the most drastic drops in rig count due to the Covid-19 pandemic and related crisis. The rig count in this play peaked at 81 rigs in February 2020 before dropping to as low as 10 rigs at present. This has resulted in a sharp decline in total production from 2.55 million barrels of oil equivalent per day (mmboed) in March 2020 to 2.02 mmboed in October 2020. With oil futures averaging US$41.98 per...
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Sector Analysis
Global Offshore Oil and Gas Upstream Development Outlook, 2020-2024
Globally, during the outlook period 2020-2024, a total of 316 key crude and natural gas offshore projects are expected to start operations in 46 countries. Among these, 131 represent the number of planned offshore projects with identified development plans (post-FID) and 185 represent the number of early-stage announced offshore projects that are undergoing conceptual studies and that are yet to be approved for development (pre-FID). The key offshore projects across the globe are expected to contribute about 26.6 million barrels...