Market Research Report
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|
Published: September 3, 2021
Content info: 46 Pages
Delivery time: 1-2 business days
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.
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 -