Rystad believes the reinvestment rate—the ratio of capex and cash flow from operations—is in decline from a high of 72% reached in the second quarter.
E&Ps are eager to tap into increased demand for fossil fuels but results have been lackluster so far this year, Rystad Energy said in a report.
U.S. onshore drilling and completion service prices are set to fall, according to Rystad Energy.
Despite the hue and cry over oil and gas underinvestment, Rystad said greater efficiency and productivity has the investments needed for E&Ps to meet demand.
Rystad Vice President Matthew Hale says widespread adoption of electric vehicles will have a significant impact on oil demand and price going into 2030.
Floating production systems remain in demand, despite concerns about keeping up with demand, financial pressures and reservations that activity could drop off over the long term.
Rystad Energy and Wood Mackenzie executives said during an AAPG-Energy Opportunities event in Mexico City that oil will still be needed through 2050 and that the energy transition will take time.
Here’s a roundup of the latest E&P headlines, including a Black Sea discovery and new contract awards in the upstream oil and gas industry.
Offshore spending looks to surpass pre-pandemic highs within the next two years.
"The main reasons for the price slump are warmer than seasonal weather, healthy storage and strong supply," Rystad Energy's Ade Allen said.
Freeport LNG Development’s three-train Quintana Island liquefaction plant is expected to achieve a partial restart of its operations in February, according to Rystad Energy vice president Emily McClain.
Leaders from Talos Energy and Rystad Energy discuss the changes the oil and gas industry has undergone—and the changes it still needs to make.
With almost 38 gigawatts of capacity, Texas is no stranger to renewables, but there’s still room to grow, Rystad Energy senior analyst Marcelo Ortega explained at the 2023 NAPE Expo.
Today’s featured 25 Influential Women in Energy honoree is Alisa Lukash, vice president and head of climate policy research at Rystad Energy.
"U.S. natural gas demand could be on track to hit record lows in January if unseasonably warm weather sticks around," Rystad Energy's Emily McClain said in a note.
Rystad Energy dives into what Biden’s election win means for short and long-term forecasts, fracking, and renewable energy for the United States.