PUBLISHER: GlobalData | PRODUCT CODE: 1867361
PUBLISHER: GlobalData | PRODUCT CODE: 1867361
The United States (US) Lower 48 Unconventional Oil and Gas Market report provides a comprehensive analysis of crude oil and natural gas production in US L48 shale plays for 2021-2030. The report also analyzes the economic viability, well productivity, and well completion parameters across major shale plays in the US. These detailed analyses of the US L48 shale plays are critical in developing impactful business plans to gain a competitive edge.
Crude oil and condensate production is reviewed across the four major oil shales of Permian Basin, Eagle Ford, Bakken, and DJ Basin. The US Lower 48 (L48) crude oil and condensate production is projected to increase primarily in the Permian Basin during 2025-2030. The high oil prices could provide favorable market economics for shale companies to thrive in this play. Natural gas production is reviewed across the major gas shales of Marcellus, Utica, Permian, Haynesville, and Scoop Stack. The highest contribution to natural gas production growth in the US is expected to come from Marcellus and Permian resource plays during 2025-2030. Marcellus is the largest natural gas formation in the country. A few of the major operators in the US lower 48 oil and gas market by total net acreage are Occidental Petroleum Corp, ConocoPhillips, Chevron Corp, Exxon Mobil Corp, and EQT Corp among others.