OPEC+ set out its methodology for a sweeping review of how much members will be capable of pump in years ahead, turning to a consultant that once audited the reserves of Saudi Aramco.
The Organization of the Petroleum Exporting Countries and its partners launched the latest audit in May, in an effort to align output quotas more closely with members’ actual abilities. The updates would take effect in 2027. They will use Dallas-based DeGolyer and MacNaughton Corp. for the majority of the work.