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Upstream oil and gas reports
Ireland upstream summary slides
We provide a slide-pack of the key issues in the country to complement our more detailed upstream summary. Please refer to the main upstream summar...
Is Brazil’s pre-salt still a good place for explorers?
Although the pre-salt play makes up the majority of production in Brazil, just one possible commercial discovery has been announced since 2019 (Alt...
Is the Lower 48 tight oil supply boom over?
It is too early to write off Lower 48 tight oil supply. In 2023, Lower 48 oil production growth exceeded expectations, adding 900,000 b/d despite i...
Is upstream oil & gas delivering on decarbonisation?
Upstream scope 1 & 2 emissions intensity has been cut by 12% since 2017. But despite the progress on flaring and methane, absolute emissions are fl...
Is WCS crude experiencing differential déjà vu?
Wide discounts for Western Canadian heavy crude prices to US benchmark WTI are roaring back with ferocity after the specter of tightening egress ca...
Italy Caltanissetta exploration basin
The onshore sector of the Italy Caltanissetta Basin has a long exploration history and is now considered mature. However, we do not consider explor...
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