- Tight Gas & Oil
- Gas Hydrates
Investors are concerned that producers will be unable to keep savings they say are tied to efficiency improvements as service companies begin to assert themselves after two years of discounts.
E&Ps have nearly doubled spending reductions, from 22% in January for U.S. spending to 43% at midyear.
Of the 13 MMbbl/d of new supply that could come from tight oil and conventional projects by 2025, 9 MMbbl/d is commercial at $60 oil, according to an energy consulting firm.