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Insight

US Lower 48: 2022 in review

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10 January 2023

US Lower 48: 2022 in review

Report summary

Despite major macro shifts, the responses from US E&Ps have been muted. In a year of high commodity pricing, E&Ps focused on capital discipline and combatting cost inflation. Excess cash flow funded some of the year’s most notable deals. New LNG export contracts attracted some companies to the Gulf Coast. Our 2022 review recaps the following key trends and data across the region: cost inflation, capital discipline, gas strategy, M&A and decarbonization.

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    US Lower 48 2022 In Review.pdf

    PDF 1.14 MB