Basins with high-quality, low-cost discoveries will reign supreme.

Analysts around the world have been crunching numbers and closely examining scenarios that provide insight into the future of oil and gas in a world that is moving towards renewable energy sources. The predictions vary, often considerably, for peak oil and price scenarios over the next three decades. However, one thing most analysts agree on is that basins with high-quality low-cost hydrocarbon resources will outcompete those with resources that have higher carbon intensity and cost more to develop.