×

We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Insight

US Lower 48: 4 things to look for in 2023

Get this report

$1,350

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

18 November 2022

US Lower 48: 4 things to look for in 2023

Report summary

Despite a chaotic macro environment in 2022, “stability” was the watchword for US E&Ps. Control what you can control. Remove business volatility wherever possible. As such, reinvestment remained steady, production growth was modest and moderately sized bolt-ons drove M&A activity. As we look to 2023, we discuss the four topics that will hold our attention and the industry themes to look for in the new year.

Table of contents

    • 1. Operators will seek differentiation through growth
    • 2. OFS providers will seek their ‘pound of flesh’
    • 3. M&A will strike a different tone
    • 4. Will companies flare to maintain production?
    • What to look for in 2023 – a regional upstream series

Tables and charts

This report includes 2 images and tables including:

  • Quarterly use of 2022 free cash flow
  • Lower 48 drilling rig cost structure

What's included

This report contains:

  • Document

    US Lower 48: 4 things to look for in 2023

    PDF 851.64 KB