Global Oil & Gas Exit List | Data & Methodology

GOGEL is an extensive public database that covers 887 oil & gas companies operating in the upstream and/or midstream subsector of the industry. GOGEL’s sister database, the Global Coal Exit List, has been setting standards for coal divestment since 2017. GOGEL aims to do the same for oil & gas. It provides the data financial institutions need to develop and implement meaningful oil & gas policies. GOGEL is a company-level database. It covers nearly all companies in the upstream subsector of the oil & gas industry. These companies represent 94.6% of oil & gas production, 96.0% of short-term expansion, and 91.0% of capital expenditures for exploration. GOGEL includes information on unconventional oil & gas production. All companies that produce at least 2 mmboe (million barrels of oil equivalent) within one of 6 unconventional oil & gas categories are listed on GOGEL. GOGEL covers companies in the midstream subsector that represent 74.3% of pipeline expansion and 91.7% of LNG terminal expansion. The Global Oil & Gas Exit List (GOGEL) is Urgewald’s latest data project. GOGEL is published annually in Q3 and is supported by a network of partner organizations.