The report presents industry sentiment across CAPEX, OPEX, labour and technology, and likely challenges and barriers.
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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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TECHNOLOGY
ENB COST REPORT 2019
Technology
Overall survey results indicate that the relatively modest industry focus on implementing automation is not a sign of a general aversion to new technology among oil and gas operators
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ENB COST REPORT 2019
Energy News Bulletin Cost Report 2019 ePublication
Read the Energy News Bulletin Cost Report 2019 online.
CAPEX & OPEX
ENB COST REPORT 2019
Capital Expenditure
The number of respondents to the survey who expected their companies to sanction at least one new project in the next 12 months represented an impressive 83% of the total. More than half of these
ENB COST REPORT 2019
Operational Expenditure
Survey respondents were far more divided when asked to predict their levels of operational expenditure (opec) over the next 12 months.
LABOUR
INTRODUCTION
ENB COST REPORT 2019
Foreword
The past few years have been a punishing time for the upstream business. As oil prices have fallen, all sectors have implemented brutal cost-cutting measures.
ENB COST REPORT 2019
Executive summary
The recovery in the Australian oil and gas industry since the downturn of 2014-17 appears to have staying power.
