Insight
What companies’ wildcats reveal about their oil and gas outlooks
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Most large oil and gas companies are at pains to stress their readiness for an accelerated energy transition. They are also busy with plans to drill over 130 high-impact exploration wells in deepwater alone. Many other 2022 wells will test large standalone prospects in shelf and onshore plays. These are long-dated investments. By analogy with the pace of commercialisation of some of the most-celebrated discoveries of recent years, 2022’s wildcats will take at least 10-12 years to achieve payback. Big explorers are betting on strong oil and gas demand, with prices to match, lasting until 2035 and beyond.
Table of contents
- Executive summary
- Long-dated exploration and demand scenarios
- High-impact exploration plans
- Time to exploration payback
- High-impact explorers are betting against an early decline in oil and gas demand
Tables and charts
This report includes the following images and tables:
- Oil supply and demand scenarios to 2050
- Gas supply and demand scenarios to 2050
- Deepwater exploration wells planned to spud in 2022
- Potential deepwater wildcats in 2022 by peer group
- Potential deepwater wildcats in 2022 by operator
- Exploration payback for selected world-class discoveries completed 2015-2021
What's included
This report contains:
Other reports you may be interested in
Country Report
Gulf of America deepwater upstream summary slides
We provide a slide-pack of the key issues to complement our more detailed upstream summary
$5,700
Insight
How would energy tariffs affect North American gas markets?
Analysis on the potential impact of Trump Administration's energy tariffs on North American natural gas prices and trade flows.
$950
Country Report
Saudi Arabia upstream summary slides
To complement our more detailed Saudi Arabia upstream summary we provide a slide-pack of the key issues.
$5,700
