A WTI price at or above $65 per barrel undoubtedly has implications for producers in oil regions across the US, perhaps even testing their resolve after claims of efficiently and conservatively spreading capital across operations. But what are the...
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Archive // Breakevens
Is Bakken Upside Capped?
December 20, 2017 |
The recent announcement of Oasis Petroleum’s Delaware Basin acquisition marks another major Bakken producer re-positioning to focus its growth capital outside the Williston Basin. What do these shifts signal about the future of the Williston Basin? By choosing to...
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Making a Case for $60 Oil Destabilizing Gas Markets
December 12, 2017 |
WTI prices have stabilized near $60 (for now) as OPEC agreed to extend cuts through 2018 and compliance with targets has been good thus far. Higher oil prices should improve cash flows for producers with liquids exposure, thereby enabling...
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Permian Stacked Pay Potential Validating Acreage Prices?
November 30, 2017 |
In 2015 and 2016, producers went on a buying bonanza snapping up Permian acreage. The prospect of stacked pay potential with ultra low break-even prices sent producers in a bidding frenzy. In the chase for the best acreage, prices...
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Permian Efficiencies: 3 Charts that Make Other Producers Squirm
April 6, 2017 |
With today’s market commentary on Permian efficiencies we’re trying something new. We’ll let these charts do most of the talking. Average IP rates in the Permian continue to rise significantly. At the same time, drilling and completion costs have...
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E&P Positioning: Which E&P Has the Most Growth Potential?
August 12, 2016 |
With the crude and gas markets strengthening, knowing which E&P is best positioned to grow into this recovery is an opportunity not to be missed. E&P growth potential can be assessed using a variety of metrics, but four key metrics...
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DJ Basin Oil Drilling Economics Raising the Bar
December 10, 2015 |
Despite languishing prices throughout 2015, producers like Noble (NBL), PDC Energy (PDCE), and Anadarko (APC) continue to invest capital in the DJ Basin at the expense of other regions. There are several reasons for this, but the main driver...
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