Strong US supply will be driven, in part, by a large inventory of wells still to be developed across several prolific shale plays
shale revolution
Posted inDRILLING & PRODUCTION
Trump: US doesn’t need Middle East oil, calls for “American energy dominance”
The president of the United States claimed that the US has already achieved energy independence and is seeking dominance in the market
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Posted inDRILLING & PRODUCTION
Cash flow low in US shale firms despite record production
Although US production is swelling, the vast majority of its shale companies are not cash flow positive, Rystad Energy finds
Posted inDRILLING & PRODUCTION
US oil production will outpace Russia and KSA combined by 2025: Rystad Energy
US liquids production is forecast to surpass 24mn barrels per day over the next six years, thereby outpacing the combined output from Russia and Saudi Arabia.