ENB Cost Report 2019

This industry-wide report aims to understand current cost levels across the energy industry, how rapidly the sector will recover from its recent downturn and the likelihood of costs increasing again.

ENB Cost Report 2019
ENB Cost Report 2019 ENB Cost Report 2019 ENB Cost Report 2019 ENB Cost Report 2019 ENB Cost Report 2019

ENB Cost Report 2019

Introduction

This industry-wide report aims to understand current cost levels across the energy industry, how rapidly the sector will recover from its recent downturn and the likelihood of costs increasing again.

The report presents industry sentiment across CAPEX, OPEX, labour and technology, and likely challenges and barriers.

The report can be used to understand future industry plans, project pipelines, committed and probable investment, and issues likely to delay projects and investment.

It will provide a basis for developing business plans, financial forecasts, investment evaluation and workforce planning. The research is unique in that it surveys the full range of industry stakeholders such as operators, service companies, consultants and contractors.

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INTRODUCTION

i. Foreword
ii. Executive Summary

 

Foreword

The past few years have been a punishing time for the upstream business.

ENB Cost Report 2019

17 JUNE 2019
Foreword
Foreword
Foreword
Foreword

Executive summary

The recovery in the Australian oil and gas industry since the downturn of 2014-17 has staying power....

ENB Cost Report 2019

17 JUNE 2019
Executive summary

Capital Expenditure

83% of respondents expected their companies to sanction one or more project in the next 12 months.

ENB Cost Report 2019

14 JUNE 2019
Capital Expenditure
Capital Expenditure
Capital Expenditure
Capital Expenditure

Operational Expenditure

Survey respondents were divided when asked to predict their levels of OPEX over the next 12 months.

ENB Cost Report 2019

14 JUNE 2019
Operational Expenditure

Labour

Labour is another obvious driver of cost pressures in oil and gas.

ENB Cost Report 2019

14 JUNE 2019
Labour
Labour
Labour
Labour

Technology

A modest industry focus on automation is not a sign of a general aversion to new technology

ENB Cost Report 2019

14 JUNE 2019
Technology
Technology
Technology
Technology

Energy News Bulletin Cost Report 2019 ePublication

Read the Energy News Bulletin Cost Report 2019 online.

Research

01 JUNE 2019

INSIDE THIS REPORT

READ THIS REPORT AS AN EPUBLICATION 

Read now

 

INTRODUCTION

i. Foreword
ii. Executive Summary

 

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