With conventional production on the decline since 2006 and 80% of reserves in the hands of national oil companies, producers struggle to find replacement reserves that can bolster balance sheets and offset record production. Their focus is intently on unconventional reserves and improving recovery rates in order to avoid a world energy crisis. New cost-efficient technologies are needed to ensure that production keeps pace with global demand and that reserves are secure for future generations.
Table of Contents
Table of Contents
Executive Summary
Landscape
The Race to Replace Reserves and Keep Pace with Demand
Unconventional Oil and Gas - It Really Is the Future
Definition of Reserves
North, South, and Central America hold the key to unconventional reserves.
Breakdown of Unconventional Reserves
Ownership of Reserves
Analysis of OPEC Reserves Reveals 70% Overstatement
Major Players, Reserve Holders, and Growth of Asian NOCs
Understanding Market Behaviors
Level of Capital Expenditure in the Sector
Revitalizing Production of Declining Wells and the Role of EOR Will Blunt the Decline
Biggest Plays in Decline
Developments in EOR
Landscape Conclusions
Analysis
Market Needs: Trends in the Sector and the Path Forward
Examining Companies and Technologies
The Lux Innovation Grid Breaks Out Companies by Three Attributes and the Lux Take
Interpreting Company Positions
The Companies
Outlook
Appendix
About Lux Research
Endnotes
The Race to Replace Reserves published by Lux Research in October 7, 2012. This report consists of Pages: 37 and the price starts from US $ 3500.
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