Rystad Energy

North Sea production is growing again

Rystad Energy has identified three key drivers for the expected production growth: production itself, breakeven prices for new projects and total spending. Production evolution The production in the North Sea…

Another bad year!

Only some 9 Bboe have been found worldwide this year. This is about the same as in 2016 and 2017 (8.3 and 7.5 Bboe, respectively), but significantly less than in…

Another all-time low

The year 2015 was a global all-time low in terms of conventional oil and gas discoveries, says Nils-Henrik Bjurstrøm in Rystad Energy.