This oil and gas, potentially, worth more than $65[1] bn and costing an estimated $24bn to discover, represents 40% of the volume found in high impact discoveries in the period. Where is this resource located? Why is it stranded and how big an opportunity does it represent?
This note gives a preliminary assessment of the Premier Oil & Chrysaor deal, from each company’s perspective and the outlook for the merged company and the wider North Sea M&A market.
BP followed up the release of its Energy Outlook with a ‘BP Week’ of strategy...
The latest Westwood Insight from Thom Payne
Sustaining production from existing infrastructure remains the key driver for North Sea exploration but five...
The divergence in how oil companies are seeing the future is exemplified by BP’s write...
Westwood has published its annual review of global exploration activity and performance over the last five years and the outlook for 2020 and beyond.
Following the double whammy of the collapse in the oil price and the Covid-19 pandemic, exploration plans are being redrawn and the well count is expected to drop by as much as 35% on 2019 levels.
Independents and small public E&Ps active in US shale cut $17 billion with each company...
RigLogix has contacted a number of rig owners and operators and the consensus seems to be that it’s going to get worse before it gets better, especially if current conditions persist.
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