OPINION

Slugcatcher on the alarming decline in IOC reserves

OIL has faced many crises over the past 100 years but there is one sneaking up on the world’s biggest private sector producers which Slugcatcher reckons could be a test of their long-term survival; a dramatic and perhaps irreversible decline in reserves.

Slugcatcher
Could govt-controlled production be the future of the industry.

Could govt-controlled production be the future of the industry.

The question of reserves is one that dogs every oil industry executive because without liquids in the ground which can be extracted profitably there is no choice other than closure. In the past, the...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.