Although the energy industry transition is well underway, traditional oil and gas companies must continue to develop and execute exploration and production (E&P) projects effectively to meet the world’s energy demands for years to come. In the current landscape, oil and gas operators are prioritizing faster cycle times and lower cost opportunities, such as hub projects, subsea tie-backs, enhanced oil recovery, site and sustaining capital projects and revamps, and natural gas plays. Effective and efficient high-grading of asset portfolios and strong project discipline will be key to maintaining capital investment returns in years to come. Regardless of project scope, carbon management and sustainability are now at the forefront of all capital investment decision-making. Carbon capture, utilization, and storage (CCUS) projects, in particular, present unique challenges and risks due to their highly complex nature. Operators who can meet emission reduction goals—in addition to cost, schedule, safety, and operability goals—will firmly position themselves as industry leaders.

For over 30 years, IPA has helped E&P companies navigate the evolving industry landscape and deliver sustainable returns by providing facts, data analytics, and research-based advice. Browse our exploration and production sector offerings and insights below to learn more. Contact us today to discuss how we can partner with your company to help deliver competitive capital projects that meet your business objectives.