South America’s deepwater opex is driven mainly by Brazil, which accounted for roughly 99% of the continent’s brownfield costs from 2013 to 2020
opex
Posted inExploration
OFS companies prepare as price war could cut $250 billion off E&P budgets
Rystad Energy says that the total capital and operation expenditure of upstream companies could be cut by $100 billion in 2020 and another $150 billion in 2021
Posted inDRILLING & PRODUCTION
Operational production costs have fallen globally: Rystad Energy
The United Kingdom leads with a 31% drop in operational production costs