Insight

Lessons from the 2008-09 gas price collapse for US Oil drilling's response to current prices

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Report summary

Wood Mackenzie's analysis of the sub play breakevens and likely response to low prices for companies active in tight oil plays indicates that there is likely to only be a marginal impact to production growth from these areas in the near term supporting continued strong US crude oil production in the first half of 2015.

What's included

This report contains

  • Document

    Lessons For Rigs Charts.xls

    XLS 168.00 KB

  • Document

    Lessons from the 2008-09 gas price collapse for US Oil drilling's response to current prices

    PDF 268.11 KB

  • Document

    Lessons from the 2008-09 gas price collapse for US Oil drilling's response to current prices

    ZIP 332.83 KB

Table of contents

Tables and charts

This report includes 3 images and tables including:

Images

  • Oil production and horizontal rigs in the Permian, Eagle Ford, and Bakken
  • US gas drilling by rig type with US natural gas prices
  • US oil drilling by rig type with US crude (WTI) prices

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