Published 20 September 2026 · Public research teaser
Illustrative photography. Not a GIS Reserve project or client.
The evidence
IEA Oil 2025 forecasts global demand rising by 2.5 million barrels/day between 2024 and 2030, against 5.1 million barrels/day of added production capacity.
The business implication
The 2022 lens is capital discipline during a price shock. Service businesses should model utilisation and customer capex separately from crude prices. Upstream sponsors need independent technical review, abandonment allowances and realistic development schedules.
What could change the result?
Headline reserves are not equivalent to recoverable, commercially viable production.
A practical decision framework
Workstream
Decision question
Service firms
Backlog quality and mobilisation cost
Upstream
Recovery, lifting cost and closure
Midstream
Throughput commitments and tariffs
A report built around your decision.
Scenario cash flow, customer and contract diligence, asset screening and capital-readiness pack.
Full reports are commissioned to an agreed scope and fee. This brief does not imply a completed proprietary report is ready for immediate purchase.
Sources checked 20 September 2026. Original GIS Reserve interpretation accompanies short summaries of public evidence. Scenarios are illustrative, not investment forecasts. No assurance of funding.
RESERVE · RESEARCH & ADVISORY