Insight
Lower 48 cost curve: comprehensive oil supply coverage
Report summary
The L48 liquids cost curve reached a floor in the previous two years, and now it’s moving upward. Levers that historically drove improvement like well productivity gains, cost concessions, and structural OFS improvements are exhausted. In this update on the cost of L48 drilling inventory, we use asset-level modelling to detail how a mature curve now shifts with costs, and how consolidation has changed the undrilled landscape. The Permian will have an outsized impact to any future changes as the region holds most of the low-cost resource. As the Permian goes, so goes the marginal cost of tight oil supply.
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
More running room in Lower 48 efficiencies?
Leaner and faster operations have pushed US liquids production to new highs, all while keeping spending in check.
$1,350
Asset Report
Permian Wolfcamp tight oil unconventional play
A detailed analysis of the Wolfcamp tight oil unconventional play.
$2,200
Insight
US week in brief: Majors quarterly Permian update
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350