Archive // Crude Oil

Can Deepwater Gulf of Mexico Economics Sustain Growing Production?

March 17, 2017 | BTU Analytics

In addition to resurgent growth in shale plays such as the Permian, BTU Analytics is forecasting continued growth in the Deepwater Gulf through 2020. The region currently supplies 15% of daily U.S. oil production, more than the Eagle Ford...
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Just How Big Is the Permian Basin?

March 7, 2017 | Andrew Bradford

The Permian Basin gets all the headlines these days, and it’s all about stacked pay opportunities across the cores of the Delaware and Midland Basins. Acreage valuations have gone sky high and now concerns are emerging about oil and...
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OPEC vs. the Permian: Can the Permian Derail Saudi Aramco’s IPO Plans?

January 11, 2017 | Erika Coombs

The start of the new year signals the beginning of the much anticipated production cuts totaling over 1.7 MMb/d from OPEC, Russia, and others. However, this leaves several questions still outstanding: Who will follow-through with the promised cuts? What...
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Permian Basin Acquisitions Stay Hot

December 21, 2016 | BTU Analytics

Permian Basin acquisitions are riding a wave of popularity, at least as measured by M&A announcements, drilling rig additions, and capital markets activity. Given the dramatic increase in well productivity, falling well costs, and promise of stacked pay opportunities, it...
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Will OPEC Actually Cut Oil Production?

October 4, 2016 | Erika Coombs

The global crude oil market quickly flipped from being short crude in 2014 to long in 2015 as oil production sky rocketed and global demand failed to keep pace. Despite a severe price crash in crude, production was slow...
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Payback in the Permian: How Long Does it Take?

July 21, 2016 | BTU Analytics

The Permian Basin has received the lion’s share of new drilling activity from US E&P companies as WTI has begun to recover from its lowest price since 2003. However, as recent months have shown, volatility is still the market watchword....
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Is WTI Too Bullish?

May 20, 2016 | Erika Coombs

Supply disruptions in Nigeria, potential cutbacks to investment in Iraq, escalating civil unrest in Venezuela, and as much as 1 MMb/d of Canadian production shut-in due to wild fires has the oil bulls emerging from the woodwork. However, it’s...
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