Insight
| |
5 Pages

US Oil production: How long can stripper wells last at $30/bbl?


US Oil production: How long can stripper wells last at $30/bbl?

Report summary

Stripper well production has been under the microscope lately with oil prices near $30/bbl. Shut-in volumes could have major implications on the US supply picture. Even as some of these wells are currently operating at a loss, the decision to shut in production is not a simple one. Low prices must persist for months at a time before an operate decides to incur the cost of shutting in production or abandoning a well. 

What's included?

This report includes 2 file(s)

  • US Oil production: How long can stripper wells last at $30/bbl? PDF - 298.88 KB 5 Pages, 0 Tables, 5 Figures
  • US Oil production stripper wells.xls XLS - 161.00 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.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Executive summary
  • What is a stripper well?
  • Where are marginal wells and who operates them?
  • How much does it cost to operate a marginal well?
  • How much supply is at risk in the US?

In this report there are 5 tables or charts, including:

  • Executive summary
  • What is a stripper well?
    • US Oil production: How long can stripper wells last at $30/bbl?: Image 1
  • Where are marginal wells and who operates them?
    • Stripper well production by region
    • Top 20 operators of stripper wells
  • How much does it cost to operate a marginal well?
    • Distribution of stripper well production
  • How much supply is at risk in the US?
    • US Lower 48 Short run marginal cost curve
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...