Insight
Is the Lower 48 tight oil supply boom over?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
It is too early to write off Lower 48 tight oil supply. In 2023, Lower 48 oil production growth exceeded expectations, adding 900,000 b/d despite inflationary pressures, private consolidation, and declining rig activity. But don't look for a repeat of 2023 growth levels in 2024
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
Global oil supply short-term update - November 2025
OPEC+ agree to a pause in unwinding cuts in Q1 2026, due to expected over-supply.
$1,350
Country Report
Permian region overview
Analysis of regional trends including well productivity, investment, and activity forecast
$8,100
Asset Report
Ascent Resources - Lower 48 upstream
A valuation of Ascent Resource's assets.
$22,800
