Research

Latest data-driven research and analysis

Decommissioning Defaults: The risks of late-life oil and gas assets
Martin Watters Martin Watters

Decommissioning Defaults: The risks of late-life oil and gas assets

International case studies of systemic failure in how oil and gas decommissioning liabilities are allocated and enforced. They evidence the need for robust financial assurance frameworks that ensure oil and gas companies cannot walk away from their clean-up responsibilities.

Read More
Running on Empty: The decline of California’s oil and gas industry and the true cost and scale of decommissioning
Martin Watters Martin Watters

Running on Empty: The decline of California’s oil and gas industry and the true cost and scale of decommissioning

This study confirms prior findings that California’s oil and gas industry still cannot fund its own decommissioning. And when understanding the causes of decline for state’s upstream and downstream oil and gas sectors, it’s clear that geology, and not regulations, have driven production declines in California and across the US.

Read More