Insight
US onshore exploitation over exploration: a Q1 2016 outlook
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Onshore exploration in the Lower 48 has contracted massively, but that doesn't mean innovative projects have completely gone by the wayside. Stacked pay is a way for operators to explore in 2016, potentially mitigating the price-driven contraction in greenfield projects. Differentials are critical when margins are slim, so mature basins with developed infrastructure are preferred. In our view, the economics of new exploration are currently challenged, so large projects that are identified will likely end up in a holding pattern until prices approach US$60/bbl.
Table of contents
-
Executive summary
-
No budget space for true exploration
- An analysis of corporate cash flows to show why exploration rigs vacated the market
-
Focus is on better work in existing plays
- Future drilling scenarios to analyse remaining inventory in current plays
-
Most prospects delayed, not dead
- Breakeven analysis to predict where, and when, new plays will generate interest
- For more information please download the attached PDF slide pack.
-
No budget space for true exploration
Tables and charts
This report includes the following images and tables:
-
An excerpt from the downloadable report shows the onshore exploration overview
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream in brief: US onshore strength anchors Chevron and ExxonMobil results
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Asset Report
Red Dog zinc mine
A detailed analysis of the Red Dog zinc mine.
$2,250
Asset Report
Manati
Manati is Brazil's largest non-associated gas field. First production in 2007 was delayed by almost a year due to difficulties in ...
$3,720
