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Upstream oil and gas reports
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...
Lower 48 long-term oil and gas supply outlook: H1 2023
Lower 48 supply is growing once again, but the pace is slower than prior expansions. Cost inflation, oilfield service constraints and capital disci...
Lower 48 long-term oil and gas supply outlook: H1 2024
Significant new drilling will be needed to offset base production declines and meet growing demand. By the early 2030s, the Lower 48 will add 10 mi...
Lower 48 oil supply: the Permian and the Rest
We have just released our latest Lower 48 oil supply view as part of the Macro Oils long-term 2021 outlook to 2050. After three consecutive forecas...
Lufeng Fields
The Lufeng oil complex is located in the Pearl River Mouth Basin (PRMB) in the South China Sea. Haiyangshiyou 121 FPSO serves the cluster.The Lufen...
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