US Lower 48: 4 things to look for in 2024

Predictions for the year ahead

1 minute read

Wood Mackenzie

Matt Woodson

Principal Analyst, US Lower 48

Matt works on the US Upstream research team with a focus on company asset modelling.

View Matt Woodson's full profile

What's inside this year's report?

This year will have its fair share of twists and turns. There’s no reason not to expect that after the market-moving events in 2023. Record-setting consolidation and a complete reversal of the investment habits of private E&Ps changed the shale narrative set in January.

Powered by Lens Upstream, in this report we pick out the key themes in the US unconventional space to watch out for in the coming year.

This includes:

  • Consolidation momentum
  • Exploration and appraisal stays quiet
  • And more

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