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?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.