Commodity Market Report
North America Crude Market 10-year investment horizon outlook 2023
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Converging themes in the US shale patch are echoing through the entire North American crude value chain in our latest outlook, including notable shifts in US Lower 48 growth rates, tightening US balances and differentials to global benchmarks, and questions about midstream investment needs. Trends in the shale patch that are well rooted at this point – such as E&P focus on cashflow and shareholder distributions over production growth – have been paired with more nascent trends, such as major operator consolidation, focus on resource longevity, and a newfound price inelasticity in the rig count that has fallen precipitously in H2 2023.
Table of contents
- Prices
- US Balance
- US Lower 48 Production
- Midstream Outlook
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
North America gas supply basin takeaway monitor
Wood Mackenzie's monthly update on pipeline takeaway capacity across key North America regions.
$950
Commodity Market Report
NYMEX sensitivity case developed from the Mexico gas, power and renewables Investment Horizon Outlook 2023
Represents the use of the New York Mercantile Exchange futures gas prices and its impact on our long-term outlook on Mexico’s power sector.
$8,000
Insight
Q2 2025 North America LNG Projects Update
Woodside Louisiana LNG’s sanction is the first in the US in nearly two years.
$1,050
