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.

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.

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.

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.

The outcome of a ballot initiative in Colorado that pits environmentalists against energy operators appears to be a razor-thin margin ahead of midterm elections Tuesday, and producers are literally hedging their bets, according to Rystad Energy.

A healthy surge in finalizing offshore oil and natural gas projects is expected next year and likely will topple the onshore unconventional industry as the leader in spending, an analysis by Rystad Energy indicates.

In a world were unconventional production has become the market mover, natural gas production is making strides in the offshore, growing by almost 30% in the past decade to more than 1,000 bcm/year (35,314 Bcf), according to the International Energy Agency (IEA).

Halliburton Co., the largest pressure pumper in North America, last year built its estimable capacity and surpassed 4 million hp by adding roughly 700,000 hp to its fracturing toolbag, Rystad Energy said.

The Trump administration has floated a plan to open nearly every U.S. offshore area to oil and natural gas exploration, which could attract billions in investment and potentially unlock up to 65 billion boe, Rystad Energy said Friday.