Alternative Paths
Source: Energy, Oil and Gas

Many of the highest-cost and technically most complex oil and gas development projects, including remote and deep-water fields, are still deferred or cancelled as their economic outlook remains poor. This presents international oil companies with an increasing reserves-replacement challenge that the largest national oil companies do not face, or at least not in the same way. In this article, Stephen Rogers and Ondrej Sanislo from Arthur D. Little, explain why low prices may drive persuasive structural changes in upstream oil and gas.