Insight
US Lower 48: 4 things to look for in 2024
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
After the market-moving events of 2023, expect plenty of twists and turns in the coming year. Record-setting consolidation and a complete reversal of the investment habits of private E&Ps changed the shale narrative. This insight lays out four themes we will be watching for in 2024.
Table of contents
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Executive summary
- 1. Consolidation momentum
- 2. Exploration and appraisal stays quiet
- 3. Private E&Ps stretch OFS less
- 4. Efficiency gains but supply headwinds
- What to look for in 2024 – a regional upstream series
Tables and charts
This report includes the following images and tables:
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Top appraisal targets to watchAverage Delaware Wolfcamp well cost trendCompletion efficiency gains
What's included
This report contains:
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