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


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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  • US tight oil and technology a possible upside risk and price implications.pdf PDF - 745.65 KB

Description

This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets.

This report delivers a clear understanding of our unique global economic outlook and identify risks and uncertainties to watch out for.

Wood Mackenzie's global trends and macroeconomic analysis underpins all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

Our comprehensive understanding of commodity markets gives us a unique insight into the pace of global development and the risks associated with it.

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