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Energy Snapshot: Industry Themes - March 2016
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In this month's energy industry snapshot we examine North America oil supply dynamics, including breakevens, production and price differentials as well as takeaway capacity in the Permian and DUC wells across the key US L48 oil plays. Additionally in the US L48, we evaluate gas breakevens and hedging positions. Outside North America, major fiscal changes have taken place in India, and fiscal terms are under review globally as valuations have deteriorated due to indirect taxes. We also look at Iran upstream development spending, production and player strategies, and, in another OPEC state, we consider the implications of debt default in Venezuela to the energy industry. Finally, we review refining utilization declines in Europe and corporate upstream valuations globally.
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- Energy Snapshot: Industry Themes - March 2016
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