Permian Pulse: Crude supply outlook
Get this report
$1,350
You can pay by card or invoice
Report summary
How big is the wave of Permian production headed our way? It's an important question when we consider what has transpired in the Permian Basin over the last year. The rapid ramp of rigs since May 2016 caught much of the industry off guard. However, the underlying fundamentals to support the rig count are sound. Our breakeven map shows virtually all of the Permian has assets that can be developed at $50/bbl. In fact, our current view shows over 62,000 remaining locations that breakeven under $55/bbl. That equates to over 20 years of low cost drilling inventory at today’s activity levels. The acceleration was catalysed by a burgeoning M&A market, with buyers needing to secure and add rigs to the field to make deals accretive. So how does this translate to production and what are the key factors to consider?
Table of contents
- Permian crude supply: short-term confidence and long-term questions
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
01 May 2018
Permian region overview
Permian region overview
Permian region overview
$6,75004 April 2017
Permian Pulse: Catching our breath while we run
Permian Pulse: Catching our breath while we run
No basin has generated the hype the Permian has. After a whirlwind year where does the Permian stand today?
$1,35029 November 2017
US Upstream week in brief: Powder River rig count hits a two-year peak
US Upstream week in brief: Powder River rig count hits a two-year peak
This week's note covers: the uptick in L48 HZ rig count, our updated supply outlook, Shell's Delaware position and Gulfport's SCOOP wells.
$1,350
