Jul 16 2018 | News & InsightWestwood Insight
Global conventional exploration farm-in/farm-out activity has reduced by around two thirds from 2012 to 2017, in line with the reduction in overall drilling activity. As activity levels have fallen, so have deal terms and costs. The average level of promote (i.e. the proportion above their equity interest that companies are willing to pay to access […]
More »Jul 10 2018 | News & Insight
PRESS RELEASE For immediate release London, United Kingdom – 10 July 2018 – Metal Bulletin, the definitive source of trusted and transparent commodities data for the metal and mining markets, in collaboration with Westwood Global Energy Group (Westwood), the leading provider of research, data analytics, and consulting services to the global energy industry, has […]
More »Jun 26 2018 | News & InsightWestwood Insight
Situated near the Rocky Mountains in northern Colorado is the Denver-Julesburg Basin. Operators in the basin are focusing in and around Weld county, targeting the Niobrara and Codell formations. While the Permian steals headlines, many operators in the D-J are seeing improved economics with longer laterals, enhanced completions, and improved well performance. Source: Energent Since […]
More »Jun 25 2018 | Westwood Insight
Hosting the World Cup finals was always going to be a challenging and expensive endeavour for Qatar. When the finals begin in November 2022, the country will have invested more than $100 billion on infrastructure projects, ranging from power to stadia to sewage, and many others.
More »May 29 2018 | Westwood Insight
Autonomous Underwater Vehicles (“AUVs”) are nothing new. They have been with us, in one guise or another, since the 1950’s. Differing from their more complex family members, the Remotely Operated Vehicle (“ROV”), they glide quicker through the water without the need to be tethered to a host vessel by an umbilical.
More »May 14 2018 | Westwood Insight
Analysis of Riglogix data shows that recently jackup day rates around the world had risen to slightly above operating costs, allowing rig owners to finally make a little profit. That trend may not continue in all regions.
More »May 9 2018 | Westwood Insight
Westwood Global Energy Group has released its ninth annual State of Exploration Report, the definitive report covering global conventional oil and gas exploration.
More »May 8 2018 | News & Insight
Westwood Global Energy Group unveiled its 9th annual State of Exploration Report – the definitive global benchmark for conventional oil & gas exploration. This essential report analyses global conventional exploration performance over the past five years, together with exploration drilling plans for 2018.
More »May 2 2018 | Westwood Insight
The industry is planning to drill out 3.7 billion boe of prospective resources in 16 high impact wells in 2018 in the UK and Norway. Westwood has reviewed the drilling programme for wells targeting resources >100 mmbbl of oil or 1 tcf of gas, to assess the potential for a game changing discovery in 2018.
More »Apr 16 2018 | Westwood Insight
E&P companies have cut costs as much as they can, have stabilized financially and can now make a profit at above US$45 per barrel from their producing assets. Proving they can grow production whilst retaining cost discipline is the next challenge.
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