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Exploration Costs may Fall 33% in New Oil Price World

机译:在新的石油价格世界中,勘探成本可能下降33%

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摘要

The oil and gas industry is responding to the low oil price environment with exploration budget cuts in 2015 which will average 30%, leading to suggestions that exploration activity could be significantly curtailed. However in an effort to drive value, Wood Mackenzie says the industry is addressing a longstanding cost inflation issue, and asserts that on average exploration costs will fall by a third, softening the blow of budget cuts. Although overall well numbers will dip in 2015, Wood Mackenzie says drilling activity in 2016 is set to recover as many explorers seize their chance to drill at lower costs. Andrew Latham, VP Exploration Research for Wood Mackenzie, said, "Rising costs is not a new problem for explorers. Over this decade, inflation has more than offset price gains and left much of the industry struggling to create value. Now that prices have fallen sharply, this problem has become acute. In the short term, many explorers will react by simply spending less. But what they really need is lower costs."
机译:石油和天然气行业正在响应低油价环境,2015年将勘探预算平均削减30%,这暗示着勘探活动可能会大大减少。然而,为了提高价值,伍德·麦克肯兹(Wood Mackenzie)表示,该行业正在解决一个长期的成本通胀问题,并声称平均勘探成本将下降三分之一,从而减轻了预算削减的打击。 Wood Mackenzie表示,尽管整体油井数量在2015年将有所下降,但2016年的钻探活动将恢复,因为许多勘探者抓住了以较低成本进行钻探的机会。 Wood Mackenzie勘探研究副总裁Andrew Latham表示:“对于勘探者而言,成本上涨并不是一个新问题。在过去的十年中,通货膨胀已远远抵消了价格上涨的影响,并使整个行业都在努力创造价值。现在,价格下跌了显然,这个问题已经变得十分尖锐。短期内,许多探险家将通过减少开支来做出反应。但是,他们真正需要的是降低成本。”

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  • 来源
    《Pipeline & gas journal》 |2015年第4期|57-57|共1页
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  • 收录信息 美国《科学引文索引》(SCI);美国《工程索引》(EI);美国《生物学医学文摘》(MEDLINE);美国《化学文摘》(CA);
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  • 正文语种 eng
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