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Analysts Diverge on the Permian’s Outlook
WoodMac sees Permian production peaking at 3.5 million barrels per day in 2021, but that forecast stands in sharp contrast to other estimates pointing to robust growth for the foreseeable future.

Shale Industry on the Verge of a Slowdown as Companies Cut Capex
Despite strong gains in shale production in 2017, the rebound does not necessarily mean the industry is healthy. A new report finds that even some of the largest shale players won’t be cash flow positive until 2020.

Will Higher Interest Rates Slow the Shale Rebound?
The combination of higher interest rates and rising drilling costs could stifle the rebound in shale production. While the oil majors will likely take higher interest rates in stride, more expensive credit would threaten the financial health of small E&Ps.

OPEC Wastes No Time in Cutting Production
The group has been adamant about putting together a united front to show that it will follow through with production cuts and counter critics who doubt its willingness or capability to do so.

Shale and Deepwater to Lead Oil Industry Spending
After two years of seeing spending contract, the oil industry is poised to boost capex in 2017, but some warn that may not be enough to keep a shortfall from occurring in the future.

Is Woodmac Too Optimistic About Electric Vehicles?
Consultancy Wood Mackenzie says EVs could slice gasoline demand by as much as 20 percent by 2035. Highly optimistic forecasts of EV market penetration have drawn scrutiny in the past, so it’s worth considering, what, if anything, has changed to put Woodmac’s projections closer to reality.

Saudis Hold Steady in Upstream Investment While Others Slash Spending
Lost in the talk about the decrease in upstream spending is how Middle East producers, most notably Saudi Arabia, have not cut back in investment, setting the stage for them to see sharp gains in market share when tighter fundamentals are realized.

The DUCs Are Fracking: The Uncertainty Surrounding Drilled but Uncompleted Wells
With prices having rallied and with expectations for a stronger market next year, will drilled but uncompleted wells (DUCs) be able to stabilize U.S. shale output or bring about another wave of supply online?

Are the Crude Futures Curves Underestimating Longer-Term Risks?
Oil prices all along the curve have taken major hits. The futures curve may be underestimating risks from both geopolitics and deferred investment, or the rapid descent of the curve could in fact indicate the market is in for longer-term structural weakness.

Historic Election and Early Successes Inspire Confidence in Argentina’s Vaca Muerta Shale
Despite a tumultuous history for foreign investors, Argentina is home to the only commercial shale production outside of North America, with output expected to double by 2018.