Insight

US Lower 48 West Coast year in review

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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,

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  • Document

    US Lower 48 West Coast year in review

    PDF 543.99 KB

Table of contents

Tables and charts

This report includes 7 images and tables including:

Images

  • Monterey shale production with WTI and Bellevue crude prices
  • Kreyenhagen Shale development

Tables

  • Economic advantages of Monterey Shale compared to other tight oil plays
  • Stacked formations in the San Joaquin Basin
  • 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

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