Unconventional (Oil and Gas) Production in the US Lower 48, 2020 Update

Publisher Name :
Date: 30-Oct-2020
No. of pages: 40

Unconventional (Oil and Gas) Production in the US Lower 48, 2020 Update

Summary

As a result of crude oil price crash followed by the economic crisis sparked by Covid-19, crude oil demand has plummeted due to restricted mobility as lockdown measures were implemented. Operators were swift to readjust their capital and production guidance for the year of 2020. From a list of 17 operators, the total capital expenditure cut sums up to approximately US$ 38 billion, with Exxon leading the cut with US$ 10 billion followed by Chevron with US$ 6 billion. However, Occidental Petroleum has the biggest percentage cut of 55%. The withdrawal of investments in development plan in US Lower 48 states has led to a decline in production in 2020. The oil production cuts intensified during Q2 2020 with Permian Basin experienced the biggest decline in crude oil, summing up to approximate 1 million barrels a day (mmbd). As for the natural gas decline, Permian and Eagle Ford contribute to approximately 3.5 billion cubic feet per day (bcfd) and 1 bcfd as a result of oil well production curtailment.

Scope

The report analyzes 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 and short term outlook across major shale plays during 2019-2021

- Detailed information of impact on well development, permits and deals due to 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, planned capital expenditure, and crude oil and natural gas break-even prices in 2020

- Up-to-date information on major mergers and acquisitions across major shale plays between 2019 and 2020

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

Unconventional (Oil and Gas) Production in the US Lower 48, 2020 Update

Table of Contents
1. Major Developments in the US Lower 48 States, 2019-2020
1.1 Presidential Election Impact on Federal Land
1.2 Downturn Cycle Opportunity for Merger and Acquisition
1.3 USL48 Operator Reaction to Crude Oil Price Crash
2. US Lower 48 States, Historical Production and Short Term Outlook
2.1 US Lower 48 States, Historical Production and Short Term Outlook, 2019-2021
3. US Lower 48 States, Recent Developments and Trends of Major Shale Plays
3.1 Well Development Activity, January-September 2020
3.2 Rig Count Activity, January-September 2020
3.3 Drilled Uncompleted Wells, January-September 2020
3.4 Permits, January-September 2020
3.5 Deals, January-October 2020
4. US Lower 48 States, Economic Viability
4.1 Crude Oil Breakeven Price by Major Shale Plays
4.2 Natural Gas Breakeven Price by Major Shale Plays
4.3 US Lower 48 States, Well Productivity
4.4 US Lower 48 States, Well Completion
4.5 US Lower 48 States, Cost Trend
5. US Lower 48 States, Analysis of Top Companies
5.1 Total Net Acreage of Major Operators
5.2 Planned Capital Expenditure for Major Operatorsin 2020
5.3 Break-even Oil Price of Major Operators
5.4 Break-even Gas Price of Major Operators
6. Mergers and Acquisition Activity in the US Lower 48 States, 2019-2020
6.1 Overview of M&A Activity
6.2 Major Acquisitions

List of Tables
Table 1: Shale play wise net acreage of the major companies in the US, 2020 (acres)
Table 2: Crude oil break-even prices of major operators by shale plays, October 2020 (US$/bbl)
Table 3: Natural gas break-even prices of major operators by shale plays, October 2020 (US$/mcf)
Table 4: US Lower 48, Major Deals by Oil and Gas Companies, 2019-2020

List of Figures
Figure 1: Production Comparison from Independent Producers Post M&A
Figure 2: Capital Expenditure Guidance Readjustment, January-September 2020
Figure 3: Major shale plays crude oil production, 2019-2021
Figure 4: Major shale plays natural gas production, 2019-2021
Figure 5: Wells developed in major shale plays, January-September 2020
Figure 6: Rig count in major shale plays, January-September 2020
Figure 7: DUC wells count in major shale plays, January-September 2020
Figure 8: DUC wells count in major shale plays, January-September 2020
Figure 9: Deals announced in major shale plays, January-October 2020
Figure 10: Crude oil break-even price in major shale plays, January 2019 till date
Figure 11: Natural gas break-even price in major shale plays, January 2019 till date
Figure 12: Crude oil IP30 rates of major shale plays, January 2019 till date
Figure 13: Natural gas IP30 rates of major shale plays, January 2019 till date
Figure 14: Crude oil EUR by major shale plays, January 2019 till date
Figure 15: Natural gas EUR by major shale plays, January 2019 till date
Figure 16: Average lateral length by major shale plays, January 2019 till date
Figure 17: Average proppant mass by major shale plays, January 2019 till date
Figure 18: Average proppant mass per lateral length by major shale plays, January 2019 till date
Figure 19: Average well costs by major shale plays, January 2019 till date
Figure 20: Average well costs per lateral length by major shale plays, January 2019 till date
Figure 21: Average production cost by major shale plays, January 2019 till date
Figure 22: Planned capital expenditureby major operators, 2020
  • Global Oil & Gas Subsea Umbilicals Market Research Report 2021
    Published: 25-Jan-2021        Price: US 2900 Onwards        Pages: 97
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Thermoplastic Hose Umbilical - Steel T......
  • Global Oil Christmas Tree for Deepwater Market Research Report 2021
    Published: 25-Jan-2021        Price: US 2900 Onwards        Pages: 93
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Deepwater HPHT Christmas Trees - Deepw......
  • Global Landfill Gas (LFG) Market Growth (Status and Outlook) 2021-2026
    Published: 22-Jan-2021        Price: US 3660 Onwards        Pages: 139
    According to this latest study, the 2020 growth of Landfill Gas (LFG) will have significant change from previous year. By the most conservative estimates of global Landfill Gas (LFG) market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 8257.3 million in 2019. Over the next five years the Landfill Gas (LFG) market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 9898.8 million by 2025. This repor......
  • Global Oil and Gas Corrosion Protection Market Research Report 2021
    Published: 22-Jan-2021        Price: US 2900 Onwards        Pages: 121
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Coatings - Inhibitors - Others......
  • Global Oil And Gas Pipeline Safety Market Size, Status and Forecast 2021-2027
    Published: 20-Jan-2021        Price: US 3900 Onwards        Pages: 94
    Oil And Gas Pipeline Safety market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Oil And Gas Pipeline Safety market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type - Hardware - Software ......
  • Global Well Testing Services Market Size, Status and Forecast 2021-2027
    Published: 19-Jan-2021        Price: US 3900 Onwards        Pages: 129
    Well Testing Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Well Testing Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type - Down-Hole Testing - Real Time Well Test......
  • Global Onshore Oil and Gas Pipeline Market Research Report 2021
    Published: 18-Jan-2021        Price: US 2900 Onwards        Pages: 124
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - ERW Pipes - SSAW Pipes - LSAW P......
  • Global Onshore Oil and Gas Pipeline Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 12-Jan-2021        Price: US 3500 Onwards        Pages: 106
    Based on the Onshore Oil and Gas Pipeline market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyze......
  • Global Oil and Gas Pipeline Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 12-Jan-2021        Price: US 3500 Onwards        Pages: 106
    Based on the Oil and Gas Pipeline market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in det......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs