Insight
Q3 2024 Hedging update
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Operators are moderately hedged for H1 2025, but hedging activity drops off in the second half of the year, likely due to backwardation in the forward curve. The weighted average swap strike price for next year is US$74/bbl WTI while two-way and three-way collars provide downside protection around the US$65-67/bbl WTI range. The Wood Mackenzie base case for 2025 in US$72/bbl WTI.
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
US upstream in brief: Q3 2024 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350
Insight
Global upstream M&A in brief
The global upstream M&A in brief provides the Wood Mackenzie view on all of the key M&A events as they unfold.
$1,350
Insight
US upstream in brief: Q4 2024 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350
