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(MoneyNewsWire.Net, March 16, 2016 ) Monthly Global Upstream Review - Capital Expenditure Forecast Continues Decline Size and Share Published in 2016-02-10 Available for US$ 1500 at Researchmoz.us
Description
The global upstream industry is expected to witness a relatively low production increase with an average rate of 1% over the next four years, from 57,161 mmboe in 2016 to 59,210 mmboe by 2020. The average capital expenditure spending is expected to decrease from about US$190,976 million in 2016 to US$94,125 million in 2020. One of the main reasons for decrease in capex spending is downward trend in commodity pricing, which in turn affected development costs such as rig leasing. In total, 306 projects are expected to start operations across the world between 2016 to 2020 with Europe registering the highest number of planned projects (72) followed by South America (63), and Africa (57).
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Scope
Global oil and gas production forecast by region for the period 2016 to 2020
Key economic metrics for the global oil and gas industry by key regions and companies
Global liquids and natural gas production forecast by region for the period 2016 to 2020
Capex spending forecast on planned projects by key regions and companies in the world
Reasons to buy
Identify opportunities and challenges in the global upstream industry
Facilitate decision making on the basis of strong forecast of oil and gas production data
Develop business strategies with the help of specific insights on global production and capex outlook
Assess your competitor’s capex and key economic metrics
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Table of Content
1 Table of Contents 2
1.1 List of Tables 3
1.2 List of Figures 3
2 Key Highlights 4
3 Appendix 12
3.1 Abbreviations 12
3.2 Methodology 12
3.2.1 Coverage 12
3.2.2 Secondary Research 12
3.3 Disclaimer 13
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