Insight
Oil-hedging activity plummets in Q2
Report summary
Gas hedging activity held steady as Appalachian producers and some Permian players added 2021 protections. Gas hedging should persist through H2 2020 as Appalachian producers have hedged just 34% of expected 2021 production Low prices led to a 67% drop in net oil hedging volumes. The average floor price on new contracts grew to $38/bbl from $31/bbl the previous quarter. Post-2020 hedges comprised 79% of the new volume.
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
Latest Permian basis hedging mitigates risk of pipe delays
Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2.
$1,350
Insight
Hedging activity rebounds in Q2 2017
Oil-hedging activity rebounded during Q2 2017, while gas activity remained steady.
$1,350
Insight
How did upstream budgets shift in Q2 2017?
Companies have trimmed their 2017 budgets in response to oil price weakness. See the Downloads section in this Insight for our full dataset.
$1,350