Mr Ben Smith

Ben Smith


Energy & Natural Resources

A new reality: living with lower oil prices
International | 26 January 2015

Following a prolonged period of high oil prices, the world must adjust to lower oil prices. Where does this leave oil companies, many of which modelled their new exploration and production (E&P) projects around oil prices of $90 to 100 a barrel? This update sets out some of the strategies and options that E&P companies might think about as the market adjusts to a new normal, and highlights some key issues to consider.