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Distribution of undeveloped offshore oil reserves by estimated breakeven price worldwide as of June 2025 (in U.S. dollars per barrel)

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Release date

June 2025

Region

Worldwide

Survey time period

June 2025

Citation formats

Global offshore breakeven price of undeveloped reserves 2025

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 19, 2025

Around ** percent of undeveloped offshore oil reserves worldwide have a breakeven price upward of ** U.S. dollars per barrel, as of June 2025. This is considering reserves with a recovery probability between 50 and 60 percent. By comparison, 42 percent of all such reserves are estimated to have a breakeven price below 35 U.S. dollars per barrel.

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