1. Table of Contents 1
1.1 List of Tables 2
1.2 List of Figures 3

2. Monthly Global Upstream Review - May 2019 4
2.1. Total Production Forecast 4
2.2. Total Liquids Production Forecast 5
2.3. Total Natural Gas Production Forecast 6
2.4. Total Annual Capex Forecast 7
2.5. Annual Capex Forecast of Planned and Announced Projects 8
2.6. Count and Capex of Planned and Announced Projects 9
2.7. Capex by Key Companies for Planned and Announced Projects 10
2.8. Key Global Economic Metrics of Major Companies 11
2.9. Average Development Costs of Planned and Announced Projects 13
2.10. Remaining Break-Even Price of Planned, Announced, and Producing Projects 14
2.11. Field Additions/Changes and Discoveries in May 2019 15

3. Appendix 16
3.1. Abbreviations 16
3.2. Methodology 16
3.2.1. Field Status 16
3.2.2. Coverage 16
3.2.3. Secondary Research 17
3.3. Contact Us 17
3.4. Disclaimer 17

List of Tables
Table 1: Total Production Forecast (mmboe) 4
Table 2: Total Liquids Production Forecast by Region (mmbd)* 5
Table 3: Total Natural Gas Production Forecast by Region (mmcfd)* 6
Table 4: Total Annual Capex Forecast (US$ mil) 7
Table 5: Annual Capex Forecast of Planned and Announced Projects (US$ mil) 8
Table 6: Capex and Count of Planned and Announced Projects in 2019 9
Table 7: Capex by Key Companies for Planned and Announced Projects (US$ mil) 10
Table 8: Key Global Economic Metrics of Major Companies for Producing, Planned and Announced Projects (est.) 11
Table 9: Average Development Costs of Planned and Announced Projects (US$ per boe) 13
Table 10: Global Economic Metrics 14

List of Figures
Figure 1: Total Production Forecast (mmboe) 4
Figure 2: Total Liquids Production Forecast by Region (mmbd)* 5
Figure 3: Total Natural Gas Production Forecast by Region (mmcfd)* 6
Figure 4: Total Annual Capex Forecast (US$ mil) 7
Figure 5: Annual Capex Forecast of Planned and Announced Projects (US$ mil) 8
Figure 6: Count and Capex of Planned and Announced Projects (US$ mil) 9
Figure 7: Capex by Key Companies for Planned and Announced Projects (US$ mil) 10
Figure 8: Average Development Costs of Planned and Announced Projects 13
Figure 9: Remaining Break-Even Price of Planned, Announced, and Producing Projects by Region 14