Rystad

Deepwater a Natural Gas Treasure Trove of Discoveries in 2019

Deepwater a Natural Gas Treasure Trove of Discoveries in 2019

Natural gas and oil discoveries around the world have continued to show promising growth this year, with new finds totaling 6.7 billion boe through June, according to an assessment by Rystad Energy.

July 15, 2019
Permian Producers Venting, Flaring Record NatGas Volumes as Prices Tank

Permian Producers Venting, Flaring Record NatGas Volumes as Prices Tank

As spot prices in the region have languished near or below zero, natural gas flaring and venting in the Permian Basin has climbed to an all-time high, according to new estimates published this week by Rystad Energy.

June 5, 2019
Australia’s Slot as Top LNG Producer Will Be Short-lived, Says Analyst

Australia’s Slot as Top LNG Producer Will Be Short-lived, Says Analyst

Australia is poised to become the world’s largest producer of liquefied natural gas (LNG) next year and will retain that position until 2024, when Qatar will reclaim the top production spot, according to independent energy research and consulting firm Rystad Energy.

June 5, 2019
Lower 48 E&Ps Forecast to Increase Oil Production in 2019 by 16%

Lower 48 E&Ps Forecast to Increase Oil Production in 2019 by 16%

Lower 48 explorers are on track to increase oil production by 16% this year, with growth of around 1.1-1.2 million b/d, according to Rystad Energy.

May 21, 2019

North America’s Tight Oil Said Second Only to Middle East as Cheapest Source of Global Volumes

North American tight oil is emerging as the cheapest source of new global oil volumes, second only to the Middle East onshore market, according to Rystad Energy.

May 9, 2019

Permian In-Basin Fracture Sand On Pace to Surpass Northern White

Permian Basin in-basin sand production by one count has reached more than 60 million tons/year, and in-basin operations are growing in other areas, reducing demand for the ever-popular northern white as companies work to reduce costs and improve efficiencies.

March 29, 2019
Best Performing E&Ps in Lower 48 Unearthing Resources Below WTI Breakeven, Says Rystad

Best Performing E&Ps in Lower 48 Unearthing Resources Below WTI Breakeven, Says Rystad

Breakeven prices on prime U.S. onshore acreage over the past two years generally have been in the range of $30-40/bbl of West Texas Intermediate (WTI), but the “best performers” are uncovering resources below $20, according to Rystad Energy.

February 13, 2019
U.S. Said Trending to Produce More Oil, Liquids than Saudis and Russia Combined by 2025

U.S. Said Trending to Produce More Oil, Liquids than Saudis and Russia Combined by 2025

The United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025, according to an analysis by Rystad Energy.

January 28, 2019
Haynesville’s Soaring Natural Gas Output Said Sustainable as LNG Exports Grow

Haynesville’s Soaring Natural Gas Output Said Sustainable as LNG Exports Grow

Natural gas production in a former darling of the onshore unconventionals, the Haynesville Shale, is getting serious looks from new suitors, including operators looking for export stores, with production on course to hit record heights, according to Rystad Energy.

January 11, 2019

LNG Buyers Favoring Long-Term Contracts in Sign of Tightening Global Market

Global liquefied natural gas (LNG) buyers are committing to long-term contracts more than ever, amid signs of a tightening market in what one analyst predicted could create a major gas shortage after 2022.

December 26, 2018