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Sector Analysis
H2 2018 Production and Capital Expenditure Outlook for Key Planned Upstream Projects in Sub-Saharan Africa – Royal Dutch Shell Dominates Production and Capex Outlook
In Sub-Saharan Africa, a total of 67 key crude oil and natural gas projects are expected to start operations by 2025. Nigeria leads with the highest number of planned projects, followed by Mozambique. In terms of announced projects, Nigeria once again leads, followed by Angola and Uganda. Key projects in Sub-Saharan Africa are expected to contribute up to 2.1 million barrels of oil equivalent per day to global crude and condensate production and more than 9.4 billion cubic feet per...
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Sector Analysis
Q4 2018 Quarterly Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Southeast Asia – Indonesia has Highest Capex on New-Build Projects
In Southeast Asia, a total of 49 key crude oil and natural gas projects are expected to start operations in five countries by 2025. Malaysia will lead with the highest number of planned projects, followed by Indonesia and Vietnam. Indonesia also leads in terms of announced projects, followed by Malaysia and Vietnam. Key projects in Southeast Asia are expected to contribute about 171.5 mbd to global crude production and about 801 bcfd to global gas production in 2025. Among operators,...
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Sector Analysis
H1 2019 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Sub-Saharan Africa – Nigeria Dominates Crude Production and Capex Outlook
In sub-Saharan Africa, a total of 70 crude and natural gas projects are expected to start operations during 2019–2025. Nigeria leads among countries with the highest number of planned projects, followed by Mozambique and Chad. Major projects in Sub-Saharan Africa are expected to contribute up to 2.3 million barrels per day to global crude and condensate production, and 9.6 billion cubic feet per day to global gas production in 2025.
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Sector Analysis
H1 2019 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Southeast Asia – Indonesia and Malaysia Lead in Oil and Gas Production
In Southeast Asia, a total of 54 key crude oil and natural gas projects are expected to start operations in six countries by 2025. Indonesia will lead with the highest number of planned projects, followed by Malaysia and Vietnam. Indonesia also leads in terms of announced projects, followed by Malaysia and Vietnam. Key projects in Southeast Asia are expected to contribute about 223 thousand barrels of oil per day (mbd) to global crude production and about 8.1 billion cubic feet...
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Sector Analysis
Marcellus and Utica Shales in the US, 2019 – Gas Shales Market Analysis and Outlook to 2023
The US Appalachian Basin located in Pennsylvania, Ohio, West Virginia and New York continues to be the driver in natural gas production within the United States. During May 2019, it produced around 31 billion cubic feet per day (Bcfd) and is forecast to reach a rate of approximately 35 Bcfd by the end of 2019. The basin comprises the two main formations – the Marcellus, and the Utica. The majority of the activity in the Marcellus continues to take place...
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Sector Analysis
Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Global Offshore Industry, 2019 – UK and Norway Lead in Upcoming Projects Count
A total of 387 planned and announced offshore crude and natural gas projects are expected to start operations globally during 2019 to 2025. Among these, 154 represent the number of planned projects with identified development plans and 233 represent the number of early-stage announced projects that are undergoing conceptual studies and are expected to get approval for development. In terms of number of offshore projects globally, the UK leads among countries with 14 planned and 31 announced projects. Norway follows...
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Sector Analysis
H1 2019 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in FSU – Gazprom Dominates Capex and Opex Spending
In the FSU, a total of 52 crude and natural gas projects are expected to start operations in four countries during 2019–2025. Key planned and announced projects in the FSU are expected to contribute about 1,085 thousand barrels of oil per day (mbd) of global crude production and about 16.7 billion cubic feet per day (bcfd) of global gas production in 2025. Among companies, Gazprom has the highest capex and opex on planned and announced projects in the FSU by...
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Sector Analysis
Bakken Shale in the US, 2019 – Oil and Gas Shale Market Analysis and Outlook to 2023
There is considerable potential to raise the crude oil production in the Bakken shale play from current levels of 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. Bakken oil wells have shown competitive performances when compared to recently completed wells in the Permian Basin and Eagle Ford. Bakken wells exhibit the lowest breakeven price among the three shale plays at US$30.50 per barrel (bbl), mainly due to the exceptionally high 30-day initial production (IP) rates...
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Sector Analysis
Q2 2018 Quarterly Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Southeast Asia – Indonesia and Malaysia Lead in Upcoming Projects Count
In Southeast Asia, more than 45 key crude oil and natural gas projects are expected to start operations by 2025. Malaysia and Indonesia leads with the highest number of planned projects, followed by Vietnam. Indonesia leads in terms of announced projects, followed by Malaysia and Vietnam. Key projects in Southeast Asia are expected to contribute up to 190 mbd to global crude production and more than 8,200 mmcfd to global gas production in 2025. Among operators, Sapura Energy Berhad, PETRONAS...
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Sector Analysis
H2 2018 Production and Capital Expenditure Outlook for Key Planned Upstream Projects in the North Sea – Equinor ASA Leads in Total Oil and Gas Production
In North Sea, more than 60 key crude oil and natural gas projects are expected to start operations by 2025. The UK leads with the highest number of planned as well as announced projects, followed by Norway, the Netherlands and Denmark. Key projects in North Sea are expected to contribute up to 1,327.4 mbd to global crude production and more than 1,900 mmcfd to global gas production in 2025. Among operators, Equinor Energy AS, Aker BP ASA and Equinor UK...