Brazil's pre-salt is one of the most relevant deepwater plays with a huge resource base and impressive well productivity.

OPEC+ begin to unwind next tranche of cuts. We assume only a partial return of volumes due to a weakening outlook for prices.

The industry is at a low ebb, but the pathway ahead should be clear

Our Q3 2025 outlook for global pre-FID upstream projects.

The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.

Upgrades to global supply driven by US Lower 48 crude and NGLs, Brazil, United Arab Emirates and Argentina

We believe petcoke could increase completion effectiveness and raise recovery by up to 15% when used across multiple wells on a pad.

Compromises inevitable in the quest for the energy profits levy successor