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Upstream oil and gas reports
Canada oil sands: new production highs in Q3 2023
Canadian oil sands sector hits record-breaking milestones this quarter after recovering from maintenance and turnarounds. Here are the Q3 highlight...
Leased FPSOs – a more effective way to cut capex?
New-build purchased FPSOs have been used by the Majors and NOCs for their mega offshore developments. But with costs for new-builds remaining robus...
Libya hits production landmark but political divisions overshadow outlook
Libya's oil production has increased steeply from a low-point of below 300,000 b/d to over 1 million b/d. Much credit must go to Libya's National O...
Lower 48 breakeven benchmarking: projects and companies
Where will capital be deployed as the Lower 48 moves further down the tight oil cost stack? Which operators are best positioned to take advantage o...
Lower 48 cost curve: comprehensive oil supply coverage
The L48 liquids cost curve reached a floor in the previous two years, and now it’s moving upward. Levers that historically drove improvement like w...
Lower 48 green shoots: step-outs and 2021 exploration
Lower 48 exploration always has a trigger price. Coming out of the 2015 crash, companies needed US$60/bbl to underwrite the associated risk of step...
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