Unconventional (Oil and Gas) Production in the US Lower 48, H1 2021 Update

Unconventional (Oil and Gas) Production in the US Lower 48, H1 2021 Update

  • GlobalData
  • September 2021
  • Power
  • 46 pages

Report Description

Summary

The United States Lower 48 (L48) has several prolific oil and gas shale plays that make significant contributions to the economic development of the country. This development is primarily driven by the major oil shales of the Permian Basin, DJ Basin, Eagle Ford and Bakken as well as the major gas shales of Haynesville, Marcellus, Utica and Scoop Stack plays. The production activity across all these shale plays is reviewed and forecasted in this research study.

During H1 2021, shale production across the US gained overall amid improvement in crude oil prices and global energy demand. During this phase, operators experienced several highs and lows due to external factors, including extreme weather conditions and a change in the countrys leadership. In the short to medium term, shale production is expected grow steadily over the next five years, although the rig count growth could depend on price movement.

Scope

  • The report analyses the crude oil and natural gas appraisal and production activities in the US Lower 48 shale plays. The scope of the report includes -
  • Comprehensive analysis of crude oil and natural gas historical production in US L48 shale plays during 2018-25
  • Detailed information of well development, permits and deals across US L48 shale plays during aftermath of COVID-19 pandemic
  • In-depth information of economic viability, well productivity and well completion parameters across major shale plays in the US
  • Analysis of top companies net acreage, planned capital expenditure, and crude oil and natural gas break-even prices in 2021
  • Up-to-date information on major mergers and acquisitions across major shale plays during 2021

Reasons to Buy

  • Develop business strategies with the help of specific insights into the major shale plays in the US
  • Plan your strategies based on economic viability and expected developments in the major US shale plays
  • Keep yourself informed of the latest M&A activity in across major shale plays
  • Identify opportunities and challenges in across major US shale plays

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Table of Contents

1. Major Developments in the US Lower 48, 2020

2. US Lower 48, Historical Production and Short-Term Outlook

2.1 US Lower 48, Historical Production and Short-Term Outlook, 2018-2025

3. US Lower 48, Recent Developments and Trends among Major Shale Plays
3.1 Well Development Activity, January - June 2021
3.2 Rig Count, January - June 2021
3.3 Drilled Uncompleted Wells, January - June 2021
3.4 Well Permits, January - June 2021
3.5 Deals, January - June 2021

4. US Lower 48, Economic Viability
4.1 Crude Oil Breakeven Price across Major Shale Plays
4.2 Natural Gas Breakeven Price by Major Shale Plays
4.3 US Lower 48, Well Productivity
4.4 US Lower 48, Well Completion
4.5 US Lower 48, Cost Trend

5. US Lower 48, Analysis of Top Companies
5.1 Total Net Acreage of Major Operators
5.2 Hydrocarbon Production of Major Companies, 2020
5.3 Planned Capital Expenditure for Major Operators in 2021
5.4 Break-even Crude Oil Price of Major Operators
5.5 Break-even Gas Price of Major Operators

6. Mergers and Acquisition Activity in the US Lower 48, 2020 - 2021
6.1 Overview of M&A Activity

7. Appendix
7.1 Abbreviations
7.2 Methodology
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List of Tables

Table 1: Net acreage of major companies in the US, by shale play, 2021
Table 2: Crude oil and condensate production of major operators by shale plays, 2021 (mbd)
Table 3: Natural gas production of major operators by shale plays, 2021 (mmcfd)
Table 4: Planned Capital Expenditure by Major Companies, 2020-21 (US$ million)
Table 5: Crude oil break-even prices of major operators by shale plays, 2021 (US$/bbl)
Table 6: Natural gas break-even prices of major operators by shale plays, 2021 (US$/mcf)
Table 7: US Lower 48, Major Deals by Oil and Gas Companies, 2020-2021

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