Insight
Is Lower 48 oil and gas supply still not responding to higher prices?
Report summary
We address the topic on everyone’s mind: how much Lower 48 growth should we expect as prices continue to remain high? Supply is already growing, but not as fast as many expected in some cases. In the near-term, fixed budgets and severe oilfield service (OFS) sector constraints moderate growth. Beyond that, future drilling spend will be balanced against shareholder returns and debt targets. Still, we think the industry can practice capital discipline and grow production, especially with elevated prices.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Lower 48 oil and gas supply outlook H2 2023: a new paradigm
Forecasting US Lower 48 oil and gas supply through 2033.
$1,350
Country Report
Indonesia upstream summary
Southeast Asia's largest oil and gas producer, with steady gas production offsetting declining liquid output.
$9,450
Commodity Market Report
North America coal short-term outlook April 2024
Sizeable supply response in Q1 is behind the downgrade to the 2024 thermal coal production forecast.
$5,000
