Insight

2012 US Lower 48 Mid-Continent year in review

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Report summary

Despite low gas prices and a mid-year collapse in NGL prices, Mid-Continent production increased by nearly 5% in 2012. With oil prices holding steady over US$80/bbl, operators scrambled to boost oil production, increasingly turning to horizontal drilling and hydraulic fracturing of conventional oil reservoirs throughout the year. The Mississippi Lime play in northern Oklahoma and Kansas continued to attract attention as top tier companies Shell, Apache, Devon and Encana amassed huge acreage,

What's included

This report contains

  • Document

    2012 US Lower 48 Mid-Continent year in review

    PDF 580.20 KB

Table of contents

Tables and charts

This report includes 7 images and tables including:

Tables

  • Top acreage holders in key plays

Images

  • Mid-Continent basins
  • 2012 Production by basin (mmcfed)
  • Mid-Continent: Horizontal drilling pulls back in 2012
  • Mid-Continent focused M&A transactions in 2012
  • IRR response to NGL prices (as a % of WTI)
  • Horizontal drilling rigs fall off in 2012

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