Insight
US tight oil’s uncharacteristic response to rising prices
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Many doubted tight oil’s ability to show restraint. But after a hard reset in 2020, the sector has resisted the temptation to grow, even with the allure of $70 oil. A look back at history shows us how unique this moment is – never before has tight oil investment been so low with prices so high. In this Insight, we explore the macro trends that are shaping US tight oil in 2021. • Why isn’t tight oil investment increasing with higher prices? • When can we expect to see a production response? • How quickly are rigs coming back and which operators are driving the recovery?
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
How might sustained higher prices impact North Sea output?
Producers were unprepared for this latest shock, but upside is possible
$1,350
Asset Report
Block 15-1/5 (Lac Da Vang)
Block 15-1/5 in the Cuu Long basin is Murphy Oil's first development in Vietnam. Lac Da Vang will be the first field to be developed.
$3,720
Asset Report
Loma Campana Area
Loma Campana is the flagship development of Argentina's Vaca Muerta shale. In July 2013, Chevron joined YPF to develop the area and ...
$3,720
