• Comment

  Woodside takes impairment but is a US$80 carbon price the bigger news?

  • 15 7月 2020

  Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.

• Webinar

  Webinar | Tight oil through the crash: what Permian projects are left standing?

  • 30 6月 2020

  Permian investments have been scaled-back aggressively. But there are still 135 active rigs concentrated in certain geographies. Are the tight oil wells being drilled generating returns at today’s prices? Your hosts will walk you through our latest valuations work focused on the Delaware and Midland basin in these three simple steps: 1. High grade undrilled acreage by recovery rates and geologic properties 2. Develop type curve distributions to highlight the best undrilled locations 3. Test price scenarios and timing to find the optimal drilling schedule against various price outlooks

• News Release

  Argentina weighs new price subsidy, but freezes gas tariffs

  • 25 6月 2020

  Gas pricing and market regulation are again under discussion in Argentina. The coronavirus pandemic has weakened an already vulnerable economy, with the impact felt in the gas market. To maintain low gas prices for end-users, the new administration has imposed a tariff freeze until the end of 2020.

• Comment

  Shell's write-down of Australian assets not a surprise

  • 01 7月 2020

  It’s no surprise to see Shell writing down the value of its assets, in line with the new post-pandemic energy demand outlook. In fact, we’ve revised the value of oil and gas assets in Asia Pacific by US$200 billion as a result of a lower oil price outlook.

• News Release

  What's behind Libya's production boost?

  • 20 10月 2017

  Libya's oil production has increased steeply from August 2016’s low point of below 300,000 barrels per day (b/d) to around 850,000 b/d at present, passing the 1 million b/d barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.

• Comment

  Cambodia's first oil development takes major step forward with signed agreement with KrisEnergy

  • 07 9月 2017

  Singapore –listed E&P company KrisEnergy today signed fiscal and technical agreements with the Royal Government of Cambodia for the Block A Apsara oil development.

• News Release

  Upstream players grapple with uncertainty

  • 15 5月 2017

  To gauge the state of the sector, Wood Mackenzie asked its client base to share their thoughts on a number of key themes, and the responses were analysed to give a comprehensive view of how the sector’s key players view the future.

• News Release

  Production from Argentina's Vaca Muerta to reach 113 kboed by 2018

  • 04 5月 2017

  The seven most advanced developments are expected to see production increases of 43% in 2017.

• News Release

  Return of Asian investment in US tight oil

  • 08 5月 2017

  If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

• News Release

  Revival of deepwater industry: best projects closing gap

  • 30 3月 2017

  The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil

• News Release

  Surge in oil hedging could worsen US supply glut

  • 27 3月 2017

  Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.

• News Release

  New projects in the upstream oil and gas industry to double in 2017 predicts Wood Mackenzie

  • 11 1月 2017

  Confidence will return to the sector in 2017, with exploration and production spend to rise by 3% to US$450 billion.

• News Release

  US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

  • 18 1月 2017

  According to research by Wood Mackenzie, the APAC upstream sector holds considerable value as the majors divest mature and mid-life assets in the region.

• News Release

  Global upstream FIDs on track to double in 2017

  • 17 7月 2017

  In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.

• Comment

  Potential gas shortfall in Australia's East Coast starting between 2023 and 2025

  • 22 6月 2018

  In contrast to the 2018 GSOO released today by the AEMO, Wood Mackenzie’s East Coast Gas report identifies a potential gas shortfall between 2023 and 2025, significantly earlier to the GSOO’s estimate of 2030.

• News Release

  OPEC+ deal balances consumer pressure with need for stable prices

  • 23 6月 2018

  The OPEC+ meeting, held in Vienna on 23 June 2018, confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market.

• Comment

  Mexico's new president: Energy future at a crossroads

  • 02 7月 2018

  After a contentious campaign, Andrés Manuel López Obrador has won the presidency. Now, the energy industry is trying to determine the incoming administration’s strategic priorities and the implications for Mexico’s energy reforms and its upstream, downstream, gas and power markets.

• Comment

  BP seals asset swap with ConocoPhillips

  • 04 7月 2018

  BP agrees to increase its stake in the Clair field, offshore West of Shetland, and divest its interest in Greater Kuparuk, in Alaska, via an asset swap with ConocoPhillips

• News Release

  Global upstream project delivery is finally hitting the mark

  • 14 8月 2018

  Has the oil and gas industry finally turned around its reputation for always delivering upstream projects behind schedule and overbudget? Emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on project returns, according to a new Wood Mackenzie report.

• Comment

  Bidding down but sums higher in US Gulf of Mexico Lease Sale 251

  • 15 8月 2018

  On Wednesday, 15 August 2018, the US held its region-wide Lease Sale 251, attracting 171 bids from 29 participating companies, with high bids totalling US$178.1 million. An increase of about $53 million from the last region wide lease sale in March.

• News Release

  Decommission or redevelop? Brazil's mature Campos basin oil fields await resurgence

  • 28 8月 2018

  Brazil’s Campos basin is awaiting a resurgence in production according to a new report by Wood Mackenzie, analysing the impacts redevelopment of the basin's mature oil fields could have on production, royalty collection and job creation.

• Comment

  ExxonMobil and Guyana hit Jackpot with latest offshore discovery

  • 01 9月 2018

  ExxonMobil’s exploration success in the last few years has established the Guyana basin as one of the world’s offshore exploration hotspots. Accounting for 15% of all conventional crude found globally since 2015, no other area has delivered as much conventional oil resource.

• News Release

  Australian gas shortages loom as LNG exporters and domestic consumers compete for supply

  • 11 9月 2018

  The pace and scale of transformation in the east Australian gas market over the past five years has put gas – both its availability and its pricing – firmly on the country’s political agenda. Global natural resources consultancy Wood Mackenzie today releases its Australia East Coast Gas Market Outlook 2018-2032. The report offers a comprehensive overview of the dynamics shaping the gas market, including the drivers of domestic gas demand, how gas flows will change and price dynamics.

• Comment

  Total hits the jackpot at Glendronach

  • 24 9月 2018

  Total has made a major gas discovery in the UK's West of Shetland region, hitting an estimated 1 trillion cubic feet of gas

• Comment

  Ensco beefs up fleet with Rowan deal

  • 08 10月 2018

  Offshore driller Ensco is poised to buy smaller rival Rowan in an all-stock deal valued at $2.38 billion.

• News Release

  How do the Majors stack up in the Lower 48?

  • 16 10月 2018

  The Major oil and gas companies have made big strategic bets on the US Lower 48's unconventional plays. The scale, returns and investment flexibility offered by tight oil and gas has made it an essential part of most major players’ portfolios. But how do the players compare to each other?

• Comment

  Petronas takes 10% stake in Oman’s Khazzan development

  • 23 10月 2018

  Malaysian NOC Petronas buys a 10% interest in Oman's Khazzan development

• Comment

  OGA gives Alligin and Finlaggan the green light

  • 23 10月 2018

  UK Oil & Gas Authority gives the Alligin and Finlaggan developments the green light

• News Release

  What do the US mid-term election results mean for renewable energy?

  • 21 11月 2018

  The results of this year's U.S. mid-term elections may open a path for higher renewable portfolio standards and gigawatts of solar and wind deployments, according to a new analysis from Wood Mackenzie Power & Renewables.

• News Release

  Big Data adds up to big savings for upstream players

  • 12 11月 2018

  The upstream sector could save as much as US$75 billion annually thanks to digitalisation and Big Data. In its new report, Digitalisation in upstream: Show me the money, global natural resources consultancy Wood Mackenzie dug into the numbers to see exactly what Big Data could do for Big Oil – and smaller players too.