Oil and gas shale plays across United States L48 play a vital role in the economy of the country as nearly three-fourths of the current US crude production is obtained from the shale plays in the Lower 48 (L48) region. Permian Basin, DJ Basin, Eagle Ford, and Bakken are the major oil shale plays in the US, while Haynesville, Marcellus, Utica, and Scoop Stack are major gas shale plays.
The US crude oil production has been on an upward trend in 2022 amid a strong recovery in global energy demand from the COVID-19 pandemic. The OPEC+ group had also considerably reduced its crude output to alleviate the global oversupply situation and lift prices. This encouraged US operators to expand their drilling activities and thus, oil and gas output. Many oil and gas producers in the US shale plays have increased their capital allocation for 2022, attributing to improving market conditions.
The US crude oil production has been on an upward trend in 2022 amid a strong recovery in global energy demand from the COVID-19 pandemic. The OPEC+ group had also considerably reduced its crude output to alleviate the global oversupply situation and lift prices. This encouraged US operators to expand their drilling activities and thus, oil and gas output. Many oil and gas producers in the US shale plays have increased their capital allocation for 2022, attributing to improving market conditions.
Scope
The report analyses the crude oil and natural gas appraisal and production activities in the US Lower 48 shale plays. The scope of the report includes:
- Comprehensive analysis of crude oil and natural gas historical production in US L48 shale plays during 2019-26
- Detailed information of well development, permits and deals across US L48 shale plays during aftermath of COVID-19 pandemic
- In-depth information of economic viability, well productivity and well completion parameters across major shale plays in the US
- Analysis of top companies' net acreage, and planned capital expenditure in 2022
- Up-to-date information on major mergers and acquisitions across major shale plays during 2022
Reasons to Buy
- Develop business strategies with the help of specific insights into the major shale plays in the US
- Plan your strategies based on economic viability and expected developments in the major US shale plays
- Keep yourself informed of the latest M&A activity in across major shale plays
- Identify opportunities and challenges in across major US shale plays
Table of Contents
1 Table of Contents
3. US Lower 48, Historical Production and Short-Term Outlook
4. US Lower 48, Recent Developments and Trends among Major Shale Plays
5. US Lower 48, Economic Viability
6. US Lower 48, Analysis of Top Companies
7. Mergers and Acquisition Activity in the US Lower 48, 2021 - 2022
8. Appendix
List of Tables
List of Figures