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Thematic Analysis
Environmental Trends in Oil and Gas – Thematic Intelligence
This report analyzes the impact of environmental pressures on the Oil & Gas Sector. Who Should Buy Senior executives and ESG executives in Oil & Gas industry.
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Sector Analysis
Marcellus and Utica Shales in the US, 2021 – Oil and Gas Shale Market Analysis and Outlook to 2025
The natural gas production in the Marcellus and Utica shales in the US was 26,729 mmcfd and 6,232 mmcfd, respectively in 2020. According to GlobalData, the natural gas production outlook in the Marcellus shale is projected to maintain a stable growth trend during the forecast period of 2021-25. The market is projected to grow at a CAGR of more than 7% in the Marcellus shales and more than 16% in the Utica shales during the forecast period 2021-2025. On the...
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Analyst Opinions
Methane – The Low-Hanging Fruit of Emissions Reduction
Methane has 84-86 times the global warming potential of CO2 on a 20-year basis. On a 100-year basis, it decreases to 28-36 times. This decrease is due to methane’s relatively short lifespan in the atmosphere. However, its high short-term potency means that emission reductions can have a large and immediate effect on reducing the impacts of climate change. Methane emission intensities vary among O&G producing countries due to inefficiencies along the value chain or lack of abatement measures. Data from...
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Sector Analysis
Eagle Ford Shale in the United States of America (USA) – Oil and Gas Shale Market Analysis and Outlook to 2025
According to GlobalData, crude oil and condensate production in the Eagle Ford Shale in the US was 1,121.3 mbd in 2020 and natural gas production was 6,187.3 mmcfd during the same period. According to GlobalData, crude oil and natural gas production in the Eagle Ford shale is projected to maintain an upward trend throughout the forecast period of 2021-2025. Natural gas production in the Eagle Ford shale is expected to grow more than 15% during 2021-2025. During the same time...
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Sector Analysis
US Powder River Basin Shale Market Size, Share & Trends Analysis and Forecast 2021-2025
The Powder River Basin is predominantly located in the northeast of Wyoming and southeast Montana. In 2019, production from the shale reached almost 213 thousand barrels of oil per day (mbd) and 992 million cubic feet per day (mmcfd) of natural gas, which places Powder River in the Top 10 resource plays in the US by total production in 2019. Before the Covid-19 pandemic caused operators to reduce the spending as well as production, crude oil supply in the play...
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Sector Analysis
Oil and Gas Shale in the United States of America (USA), 2021 – Market Analysis and Future Outlook
US shale producers remain disciplined with production and capital guidance despite high oil prices. The speed at which new rigs are put to new developments is considerably less than in previous price cycles. Most US shale producers are being conservative in their production and capital guidance, as priorities remain around protecting balance sheets and generating free cash flow. For many operators, this has led to a drawdown of drilled but uncompleted (DUC) inventory wells in the past six months, to...
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Sector Analysis
Scoop Stack Shale in the United States of America (USA) – Oil and Gas Shale Market Analysis and Outlook to 2025
The Scoop Stack, located in Oklahoma, accounts for 4.5% of oil and 7.2% of natural gas production in the United States Lower 48. This play recorded its highest month of production in September 2019, with 604 thousand barrels of oil per day (mbd) and 7.9 billion cubic feet per day (bcfd). After September 2019, the Scoop Stack has experienced a slow decline that was exacerbated by the effects of the COVID-19 pandemic, says GlobalData, a leading data and analytics company. GlobalData’s latest report, Scoop Stack Shale in the...
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Sector Analysis
Marcellus and Utica Shales in the United States of America (USA) – Gas Shale Market Analysis and Outlook to 2021
The Appalachia Basin which is made up of the Marcellus formations and the Utica Shale, accounted for more than 40% of the natural gas produced in the United States in 2020. Most of the production comes from the state of Pennsylvania and Ohio and partially from West Virginia. Unlike many of the oil plays in the US Lower 48, the natural gas plays including the Appalachia Basin saw a less drastic change in production and drilling activity during the economic...
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Sector Analysis
Eagle Ford Shale in the United States of America (USA) – Oil and Gas Shale Market Analysis and Outlook to 2021
The Eagle Ford shale experienced one of the most drastic drops in rig count due to the Covid-19 pandemic and related crisis. The rig count in this play peaked at 81 rigs in February 2020 before dropping to as low as 10 rigs at present. This has resulted in a sharp decline in total production from 2.55 million barrels of oil equivalent per day (mmboed) in March 2020 to 2.02 mmboed in October 2020. With oil futures averaging US$41.98 per...
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Thematic Analysis
Shale as a theme in Oil & Gas – Thematic Research
Shale developments have appropriately been described as a revolution and are forecast to provide continued growth for decades to come. The US energy landscape has greatly benefited from the shale industry as production contributions have helped place the US at the top of global crude production and future gas supply is anticipated to exceed demand far into the future. In the next 5–10 years, global leaders in shale, mostly consisting of those with acreage in the key US geographies, will...