Insight
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7 Pages

US Lower 48 West Coast year in review


US Lower 48 West Coast year in review

Report summary

West Coast development remained focused on the San Joaquin Basin, with growing attention paid to exploration in the underlying Kreyenhagen Shale and other surrounding formations. Vast resource potential estimates and key commercial advantages incentivised unconventional development, but regulatory inefficiencies and geological obstacles meant that drilling levels in California continued to lag behind other Lower 48 regions throughout 2012. A number of legislative proposals made in 2012 hold,

What's included?

This report includes 2 file(s)

  • US Lower 48 West Coast year in review PDF - 543.99 KB 7 Pages, 4 Tables, 3 Figures
  • 2012 US Lower 48 West Coast Year In Review January 2013.xls XLS - 205.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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  • Executive Summary
  • San Joaquin Basin dominance
    • Multiple plays received attention in 2012…
    • …but the Kreyenhagen Shale takes the spotlight
    • Urban Seismic in the Los Angeles Basin
  • Environmental legislation
    • Cap and trade
    • Low Carbon Fuel Standard (LCFS)
  • What to watch for in 2013

In this report there are 7 tables or charts, including:

  • Executive Summary
  • San Joaquin Basin dominance
    • Monterey shale production with WTI and Bellevue crude prices
    • Economic advantages of Monterey Shale compared to other tight oil plays
    • Stacked formations in the San Joaquin Basin
    • Kreyenhagen Shale development
  • Environmental legislation
    • Oil and gas industry participants in November 2012 allowance auction
    • Estimated cost of allowances (US$MM) for top five California oil and gas producers based on emissions
  • What to watch for in 2013
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