Market Research Report
US Drilling & Completion Outlook Q2 2019
|Published by||Douglas-Westwood||Product code||879202|
Delivery time: 1-2 business days
|US Drilling & Completion Outlook Q2 2019|
|Published: July 2, 2019||Content info:||
Examining eight key US unconventional basins' drilling and completion trends, and other key industry benchmarks such as average lateral length, proppant per completion, permit to completion cycle time analysis, drilled-but-uncompleted (DUC) counts, multi-well pad drilling trends and total footage drilled by basin, the US Drilling and Completion Outlook Q2 2019 report helps companies gain a clear macro perspective on a national as well as a regional level. The forecast includes up to 2023 on a quarterly basis.
With E&P's showing an increased level of commitment to generate higher returns for their investors through capital disciplines, onshore US drilling and completion activity will likely remain stagnant in 2H 2019 in a $60/WTI base case oil price scenario - based on a consensus among 25 investment and financial institutions.
US Drilling and Completion Outlook analyses use Energent's proprietary database which includes well data from 1,900,000+ US wells with well completion and frac details including lateral length, proppant per foot, stage count, max pressure, average rate, horsepower demand, and more.