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Market Research Report
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999258

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

Published: | GlobalData | 46 Pages | Delivery time: 1-2 business days

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Unconventional (Oil and Gas) Production in the US Lower 48, H1 2021 Update
Published: September 3, 2021
GlobalData
Content info: 46 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

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 country's 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
Table of Contents
Product Code: GDGE0380MAR

Table of Contents

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
  • Contact Us

List of Tables

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

List of Figures

List of Figures

  • Figure 1: Crude oil production in the US, 2017-2021
  • Figure 2: Rig count in the US shale and West Texas Intermediate (WTI) price trend, 2017-2021
  • Figure 3: Rig count and oil production outlook in the US shale, 2020-2030
  • Figure 4: Annual crude oil production outlook across major shale plays, 2018-2025
  • Figure 5: Annual natural gas production across major shale plays, 2018-2025
  • Figure 6: Wells developed across major US shale plays, January - June 2021
  • Figure 7: Rig count across major US shale plays, January - June 2021
  • Figure 8: DUC wells count in major shale plays, January - June 2021
  • Figure 9: Well permits and wells drilled in major shale plays, January - June 2021
  • Figure 10: Deals announced in major shale plays, January - June 2021
  • Figure 11: Crude oil break-even price across major US oil shale plays
  • Figure 12: Natural gas break-even price across major US gas shale plays
  • Figure 13: Crude oil IP30 rates of major shale plays, January 2019 - June 2021
  • Figure 14: Natural gas IP30 rates of major shale plays, January 2019 - June 2021
  • Figure 15: Crude oil EUR by major shale plays, January 2019 - June 2021
  • Figure 16: Natural gas EUR by major shale plays, January 2019 - June 2021
  • Figure 17: Average lateral length by major shale plays, January 2019 - June 2021
  • Figure 18: Average proppant mass by major shale plays, January 2019 - June 2021
  • Figure 19: Average proppant mass per lateral length by major shale plays, January 2019 - June 2021
  • Figure 20: Average well costs by major shale plays, January 2019 - June 2021
  • Figure 21: Average well costs per lateral length by major shale plays, January 2019 - June 2021
  • Figure 22: Average production cost by major shale plays, January 2019 - June 2021