Monthly Global Upstream Review, November 2016 – South America and Asia Lead in Global Upstream Development

Pages: 17 Published: January 01, 2017 Report Code: GDGE0159MAR

The global oil and gas industry is expected to witness a production increase of around 2% over the next four years. Capital spending on the planned oil and gas projects continues to be limited by low crude prices, which in turn is leading to postponement of the planned projects. The average capex spending is also expected to decrease by around 40% over the next four years. Among regions, the number of project developments during the 2016 to 2020 period is the highest in South America, followed by Asia.


Global oil and gas production outlook by region for the period 2016 to 2020

Key economic metrics for the global upstream industry by major regions and companies

Global liquids and natural gas production outlook by region for the period 2016 to 2020

Global capex spending outlook on the planned projects by key regions and companies

Reasons to Buy

Identify opportunities and challenges in the global upstream industry

Facilitate decision making on the basis of strong outlook of the planned oil and gas production

Develop business strategies with the help of specific insights on the global production and capex outlook

Assess your competitor’s capex and key economic metrics

Table of Contents

1Table of Contents2

1.1List of Tables3

1.2List of Figures4

2Key Highlights5





3.2.2Secondary Research15


List of Tables

Table 1: Total Annual Capex Forecast (US$ mil)5

Table 2: Global Economic Metrics5

Table 3: Annual Capex Forecast for Planned Projects (US$ mil)6

Table 4: Liquids Production Forecast by Region (bd)*8

Table 5: Natural Gas Production Forecast by Region (mmcfd)*9

Table 6: Capex for Planned Projects (US$ mil)10

Table 7: Capex of Top 10 Companies for Planned Projects (US$ mil)11

Table 8: Key Global Economic Metrics by Company (est.)12

List of Figures

Figure 1: Total Production Forecast (mmboe)4

Figure 2: Average Development Costs of Planned Projects4

Figure 3: Total Annual Capex Forecast (US$ mil)4

Figure 4: Remaining Break-even Price4

Figure 5: Annual Capex Forecast for Planned Projects (US$ mil)6

Figure 6: Liquids Production Forecast*8

Figure 7: Natural Gas Production Forecast*9

Figure 8: Capex for Planned Projects (US$ mil)10

Figure 9: Capex of Top 10 Companies for Planned Projects (US$ mil)11


Can be used by individual purchaser only


Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about our multi-purchase discounts
Tel +44 (0) 20 7947 2960

Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.

Still undecided about purchasing this report?

Enquire Before Buying


“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods