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Sep 16, 2021 12:54 min MINS

Upstream in Perspective- Ep 43: Upstream capital costs are on the rise

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Sheila Moore

Director, S&P Global Commodity Insights

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Jeff Nitto

Senior Research Analyst, Upstream Costs and Technology, S&P Global

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Jeff Otten

Principal Research Analyst, Upstream Solutions, S&P Global Commodity Insights

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Basel Asmar

Director, Upstream Capital and Operating Costs Service, S&P Global Commodity Insights

Upstream Capital Cost Service (UCCS) Discussions is a new addition to the Upstream in Perspective podcast. In these conversations, analysts from the UCCS will discuss some highlights from their latest research. The September 2021 podcast centers around the large price gain that we have seen in the Upstream Capital Cost index. The markets driving this change were steel, bulk materials, and equipment. In this episode, Upstream Cost & Technology experts Sheila Moore, Basel Asmar, Jeff Otten, and Jeff Nitto will discuss changes they have seen in those markets and what challenges the industry might face in the future.


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  • Oil & gas upstream
  • Exploration & Production (E&P) Economics
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