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SummaryGlobal oil and gas production is expected to increase by 2.6% over the 2017 to 2021 outlook period. Total production outlook is expected to increase to more than 60,000 mmboe by 2021. However, the capex is expected to drop marginally during the outlook period. A sum of more than US$350 billion is expected to be spent as capex in 2021. Also, more than 400 planned and announced projects are expected to start production globally by 2021. Asia leads globally with the highest number of planned projects, followed by Africa and Europe.Scope- Global oil and gas production outlook by region for the period 2017 to 2021- Key economic metrics for the global upstream industry by major regions and companies- Global liquids and natural gas production outlook by region for the period 2017 to 2021- Global capex spending outlook on planned projects by key regions and companiesReasons to buy- Identify opportunities and challenges in the global upstream industry- Facilitate decision making on the basis of strong outlook of planned oil and gas production- Develop business strategies with the help of specific insights on the global production and capex outlook- Assess your competitorís capex and key economic metrics
1 Table of Contents1. Table of Contents 11.1. List of Tables 21.2. List of Figures 32. Monthly Global Upstream Review 42.1. Key Highlights 42.2. Field Additions and Discoveries in June 73. Appendix 143.1. Abbreviations 143.2. Methodology 143.2.1. Coverage 143.2.2. Secondary Research 143.3. Contact Us 153.4. Disclaimer 151.1 List of TablesTable 1: Total Annual Capex Forecast (US$ mil) 5Table 2: Annual Capex Forecast for Planned Projects (US$ mil) 6Table 3: Global Economic Metrics 6Table 4: Liquids Production Forecast by Region (bd)* 8Table 5: Natural Gas Production Forecast (mmcfd) 9Table 6: Capex and Count of Planned Projects in 2017 10Table 7: Capex of Top 10 Companies for Planned Projects (US$ mil) 11Table 8: Key Global Economic Metrics by Company (est.) 121.2 List of FiguresFigure 1: Total Production Forecast (mmboe) 4Figure 2: Average Development Costs of Planned Projects 4Figure 3: Total Annual Capex Forecast (US$ mil) 4Figure 4: Remaining Break-even Price 4Figure 5: Annual Capex Forecast for Planned Projects (US$ mil) 5Figure 6: Liquids Production Forecast (bd)* 8Figure 7: Natural Gas Production Forecast (mmcfd)* 9Figure 8: Capex for Planned Projects (US$ mil) 10Figure 9: Capex of Top 10 Companies for Planned Projects (US$ mil) 11