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US Tight Oil & Technology - A possible upside risk and price implications

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10 September 2014

US Tight Oil & Technology - A possible upside risk and price implications

Report summary

Development of US tight oil continues to impress the industry with potential for surprises to the production upside. This Insight examines implications of another step-change in tight oil production technology. These applications in tight oil plays are not yet commercially viable, but the impacts could apply to any technology breakthrough. Our initial analysis shows that such a technology breakthrough could add 1.5 to 3.0 million b/d additional US tight oil volumes by 2030.

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